Create a Legacy: Planned Giving

Since its earliest days, the United Board has been blessed by the support of faithful donors who generously contributed the financial resources that eventually grew into our endowment. Thanks to that endowment and the ongoing contributions of people like you - friends of the United Board and alumni and friends of the schools with which we work in Asia - we have been able to provide significant program support to schools throughout Asia for many years.

In this new century, as we strive to live our mission to support a Christian presence in Asia's colleges and universities, we seek designated endowments for United Board projects, such as the United Board Fellows program, as well as endowments to support approved projects for schools in Asia. Unlike contributions for current use, endowment contributions create permanent funds that will provide reliable annual grants for generations to come.

Creative donors can find ways to support the United Board's new endowment goals by taking advantage of the incentives U. S. law provides for charitable gifts, life income gifts, and estate planning.

Life income gifts:
Life income gifts may provide a way for you to make a future gift for the United Board's endowment while you and a loved one receive current income as well as income and estate tax benefits. For life income gifts, the United Board works with The Presbyterian Foundation, which provides their consulting services at no charge to you or us. You may, of course, work with another financial planner or advisor if you wish.

There are several different ways to make a life income gift, all of which can provide potential tax deductions for you while providing substantial support for the United Board. For example:

(1) A charitable gift annuity is an irrevocable gift that provides a fixed income for you and/or your loved ones. When the income payments cease, the remaining value of the gift goes to the United Board for the endowment you have specified.

(2) During your lifetime or through your will, you may establish a charitable remainder trust, in which you would make an irrevocable transfer of assets to the charitable trust. Income payments can be made to you or to one or more recipients you name. These payments may be fixed (a charitable remainder annuity trust) or variable (a charitable remainder unitrust). At the termination of a charitable remainder trust, the remaining assets go to the United Board for the endowment you have specified.

Estate planning:
You may support our new endowment initiatives while helping your heirs avoid probate and estate taxes by making a simple gift from your estate. You can make a bequest to the United Board in your will, specifying either a stated amount or a percentage of your estate. Or you can name the United Board as a primary or contingent beneficiary of a life insurance policy or your retirement savings plan: your IRA, 401(k) or 403(b) account, Keogh account, or other qualified plan. Many states allow "pay on death" (P.O.D.) or "Totten Trust" (in trust for...) accounts. These permit you to name the United Board as a primary or contingent beneficiary on almost any financial account: checking, savings, CD, credit union savings, etc.

Please contact us, by email or telephone (212-870-2600) for more information. We will be happy to discuss your interests and goals in more detail and, if you wish, refer you to a planned giving officer from the Presbyterian Foundation in your area for an individual and confidential consultation. All these services are provided to you without charge.