Make A Lasting Impact
 

Your Giving

Make an Impact Beyond Your Lifetime

Intrigued by the idea of leaving part of your estate to charity? We can help. We will work with you to understand your charitable dreams and make those dreams a reality.

Legacy Society BrochureYour planning and partnership with Truman Heartland Community Foundation (THCF) will enable you to receive a tax benefit during life, maximize your giving impact and leave a legacy forever.

For Good. Forever. Multiply and diversify the impact of your legacy giving by partnering with Truman Heartland. The Heartland Legacy Society (PDF) brochure illustrates how you can make a maximum impact after you are gone.

When you establish a bequest or other planned gift, you become part of the select group of community-minded individuals that make up our Heartland Legacy Society.

 

11 Ways to Leave a Legacy Impact

Giving to your favorite causes and making a forever impact can be done directly to your fund or through a gift model that can provide tax benefits and even income during your life!

Bequest

You designate your fund at Truman Heartland Community Foundation (THCF) as the beneficiary of your asset(s) by will, trust or beneficiary designation form. Learn more about how a bequest works.

IRA Beneficiary Designation

If you are like most people, you probably will not use all of your retirement assets during your lifetime. Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a legacy gift.  

Beneficiary Designation Gifts

You can designate your fund at the foundation as the beneficiary of a retirement, investment or bank account or your life insurance policy. Learn more about how easy beneficiary designations can be in leaving a legacy.

Charitable Gift Annuity

You transfer your cash or appreciated property to Truman Heartland Community Foundation (THCF) in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life. Learn more about the tax benefits available to people who create charitable gift annuities with THCF.

Charitable Remainder Unitrust

You transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years. Learn more about how to make your assets work for you as well as benefit your favorite charity with a charitable remainder unitrust.

Charitable Remainder Annuity Trust

You transfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax free and provides you with fixed income for life or a term of years. Learn more about how a charitable remainder annuity works.

Charitable Lead Trust

You fund a trust that makes gifts to THCF for a designated number of years. Your family receives the trust remainder at substantial tax savings. Find out if a charitable lead trust is right for your family.

Sale and Unitrust

You give a portion of your property to us to fund a charitable remainder trust, when the property sells you receive cash and income for life. Learn more about a sale and unitrust.

Bargain Sale

We purchase your property for less than fair market value. You receive cash and a charitable deduction for the difference between the market value and purchase price. Is a bargain sale the right fit for your situation?

Give it Twice Trust

You provide your children with a stream of income while making a gift to charity. Find out more about a give it twice trust, one of our most poplular options for individuals with families who also want to support charity.

Life Estate Reserve

You give your property to our organization but retain the right to use the property during your life. Is a life estate reserve the right choice for you?

Sample Bequest Language

Bequest of Cash
“I bequeath the sum of $250,000* to My Fund at Truman Heartland Community Foundation of Independence, Missouri, a 501(c)3 nonprofit organization [EIN #43-1482136].”

Bequest of a Percent of the Estate
“I devise and bequeath 50%* of the remainder and residue of property owned at my death, whether real or personal, and wherever located to My Fund at Truman Heartland Community Foundation of Independence, Missouri, a 501(c)3 nonprofit organization [EIN #43-1482136].”

Contingent Bequest
“If my brother John Doe survives me, I devise and bequeath 75%* of the remainder and residue of property owned at my death, whether real or personal, and wherever located to John Doe. If John Doe does not survive me, then I devise and bequeath 100%* of my residuary estate, whether real or personal property and wherever located to My Fund at Truman Heartland Community Foundation of Independence, Missouri, a 501(c)3 nonprofit organization [EIN #43-1482136].”

*Please feel free to change the numbers or percentages as you desire.

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