Planned Giving is a set of ways a donor can leave money/assets to a nonprofit at his/her death; or a way to invest money so that the donor receives benefits during his/her life and then bequeaths the remaining funds to the nonprofit. PPCC offers ways to allow your donation to be recognized or memorialized if desired. The Center recommends donors speak to their financial advisor to discuss planned giving options. For more information, please contact the Rev. Becky Glass at (757) 873-2273 or This email address is being protected from spambots. You need JavaScript enabled to view it..
By including the Center in your will, you may secure a charitable estate tax deduction for the value of the gift and leave a lasting memorial of a life well lived. A donor could include a provision in their will directing that a gift be paid to PPCC after their death or the death of one of their survivors.
Donors can give PPCC either a specific amount of money or item of property (a “specific” bequest), or a percentage of the balance remaining in their estate after taxes, expenses, and specific bequests have been paid (a “residual” bequest).
Also, donors can direct PPCC to use their bequest for a particular program or activity, or allow usto use it at our discretion (“restricted” and “unrestricted” bequests).
You can use assets to fund a life-income vehicle such as a Charitable Remainder Trust or a Charitable Gift Annuity.
You can take out an insurance policy making the Center the beneficiary. The premium paid on the insurance policy is tax deductible. Donors have several options in providing PPCC life insurance:
You can consider transferring the title to personal residence or real property to the Center. The Center allows you and/or your spouse to live in the residence and maintain the residence for the remainder of your life. Upon your death, the Center will use or sell the property. The benefits to this type of donation are the income tax deduction for the remainder value of your residence or real property and that you and/or your spouse continue to live in the residence for life.