Ventura County Farm to School's Heirloom Growers
To honor those who pledge to make a future gift, we created the Heirloom Growers recognition. One can qualify to become a member of this recognition program through any planned giving opportunity.
It is the commitment, rather than the amount, that determines recognition as a VC Farm to School Heirloom Grower. While considering your gift to Ventura County Farm to School, thoughtful planning can provide important benefits for your family and potential tax savings may enable a larger gift than you thought possible. You may also wish to consider making your gift from assets rather than from income. If you have already arranged for a future gift, we would like to know about it. If not, we invite you to consider a bequest or other future gift provision.
Ventura County Farm to School welcomes the following planned giving options for you consideration:
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Bequest in Will or Trust
Retirement Plan Assets
Gift of Cash
Specific bequests in your will or testamentary trust are exempt from estate tax. Please advise VC Farm to School of your bequest intention. We want to recognize your generosity now, and document your intentions for the use of your gift.
IRA Qualified Charitable Distribution: IRA distributions to charity can now receive new tax advantages. After age 70, you can make tax-free IRA contributions to VC Farm to School.
Your gift by cash, check or credit card entitles you to the maximum tax deduction, up to 50% of your adjusted gross income.
Real Estate & Property
Gifts of Life Insurance
You may be able to transfer property (personal, vehicles and/or jewelry) to help fund your gift. You may avoid capital gains tax by giving, not selling, your real estate or land. Please contact us before initiating a gift of property. You can make a gift of your personal residence, while retaining your right to use and occupy the property during your lifetime, after which possession of the property passes to VC Farm School. Plus, you may qualify for a charitable tax deduction for the tax year in which your gift is made.
A three year pledge allows you to make your total gift in a series of installments or payments, which can be made annually, quarterly or monthly, depending on what works best for you. Recurring Monthly Gift by Credit Card: Making your pledge payments by credit card is easy and convenient. You may also benefit from promotions your card offers.
Policies that you no longer need can make a significant gift while you receive a current income tax deduction for the cash value and any premiums you pay in the future. You may also use a new policy to create an Endowment Fund to endow your annual giving to VC Farm to School upon death. Transferring the policy’s ownership to VC Farm to School can result in tax benefits. VC Farm to School can also be included as a beneficiary, contingency beneficiary or owner of a new or existing policy.
Charitable Remainder Trust
Cash or appreciated securities are given to VC Farm to School and the donor receives income for life. In addition to qualifying for an immediate tax deduction, a portion of the income received is tax free. Charitable Gift Annuity – Is a planning tool that provides a life time of income when you transfer an asset to benefit VC Farm to School at the end of your life.
Charitable Remainder Trusts offer a triple advantage. You receive an immediate tax deduction for a charitable gift; the assets are removed from your estate avoiding future estate taxes; and you, or someone named by you, can receive a lifetime of income from your gift to VC Farm to School.
For those who have held stocks or bonds for a long period of time, especially when the appreciation is so great that the capital gains tax would take a significant portion of the proceeds upon liquidation. Gifts of appreciated securities enable you to make a larger contribution to VC Farm to School at reduced cost.
Ready to make a planned gift?
Thank you for your generosity and willingness to establish a legacy of health in our community.