How Can I Support Tri States Public Radio?
Over the past decades, thousands of individuals and businesses have supported Tri States Public Radio through Membership Campaigns and Program Underwriting. The dollars come from individuals who share a belief in the vision and mission of public broadcasting.
These regular gifts go a long way toward taking care of the basic day-to-day operations, but they do not reach the great and growing need to ensure financial stability, and ultimately the free voice of public broadcasting in our region.
There is a great range of vehicles that you can use to satisfy your charitable gift goals and help ensure the future financial stability of public radio in our region. As you plan your giving, you will be addressing your own financial future and that of your family, loved ones, and other charitable interests. Although not new to educational, religious and health care institutions and their donors, the simple planned giving vehicles presented in the following paragraphs may strike you as new ways to support Tri States Public Radio. Additional information about making a Planned Gift to Tri States Public Radio is available on the Western Illinois University Foundation website.
We are poised to continue providing excellence in programming for future generations and are asking you to join us in this adventure!
PLANNED GIFTS THROUGH WILLS OR TRUSTS
A will or trust is one of the simplest and most common ways to provide for Tri States Public Radio in your estate plans. Gifts through a will or living trust leave a legacy that will inform and educate future generations for years to come. You may choose to make an outright bequest to Tri States Public Radio by leaving a specific dollar amount, or a percentage of your estate.
A charitable gift annuity established with the Western Illinois Universitiy Foundation is one of the easiest and simplest ways for you to support Tri States Public Radio.
If you are at least 55 years of age, you can establish a charitable gift annuity with a minimum contribution of $10,000. In exchange for your gift, the Western Illinois University Foundation will pay a fixed annual income to you or another loved one. You can fund your gift annuity with cash, or you can also use highly-appreciated securities which offer additional tax benefits.
CHARITABLE REMAINDER TRUST
This type of trust is a planned vehicle which allows the donor to take cash or an appreciated asset and convert it into income for the donor as well as an important gift to Tri States Public Radio. The two most common trusts are the unitrust and the annuity trust.
A unitrust provides a flexible rate of return based on the value of the trust, which is revalued each year. You may make additional gifts to this trust.
An annuity trust pays a fixed guaranteed income determined when the trust is established. You may not add gifts to this kind of trust.
RETIREMENT PLANS, INSURANCE, REAL ESTATE AND STOCKS
Our gift planning team can help you choose the asset or planned giving arrangement that will optimize your financial goals and create a lasting gift.
Naming Tri States Public Radio the beneficiary of your IRA, a Keogh plan, or other retirement plan may reduce estate taxes for your loved ones. You may name Tri States Public Radio the primary beneficiary of your retirement plan or specify an amount from your retirement plan and receive a tax deduction and other benefits for your generosity.
Many individuals have life insurance policies whose benefits they no longer need. If this applies to you, you may want to consider naming Tri States Public Radio as the beneficiary and assigning TSPR ownership of the policy. You will receive a charitable deduction; and if you are removing the life insurance policy from your estate, you may also reduce your estate taxes.
A gift of real estate is a creative way to make a meaningful gift to Tri States Public Radio and receive tax benefits, potentially reducing estate taxes and probate costs.
A gift annuity or charitable remainder trust fund with appreciated stock has the potential to provide an annuity or trust payment which may increase your annual income as well as provide a tax deduction.
For more information about any of these gift options, please contact
Sharon Faust, Director of Development, Tri States Public Radio
or email: email@example.com