YOU CAN MAKE A DIFFERENCE
All donations to the Lions of Michigan Foundation are used to help people in Michigan who have unmet needs for medical care and other quality of life issues. Call 517-887-6640 or click here to send us an email for more information on how you can help.
Bequests – a bequest is the most frequent type of planned gift made to a charity. Your estate receives a charitable deduction for the full amount given, so your heirs pay not estate tax on the gift.
Charitable Gift Annuities – a charitable gift annuity is a contract between the donor and the charity where the donor contributes cash or property to the charitable organization, and the charity agrees to pay the donor or designee a specified income for life.
Charitable Remainder Trusts – a charitable remainder trust is created when a donor transfers property to a trust and provides payment of either a fixed amount or a percentage of the net assets of the trust annually. The income is paid over the life of the beneficiaries.
Charitable Lead Trusts – in a charitable lead trust, the donor transfers property to a trust that distributes income to one or more charitable organizations for a defined term. After the income period, the remaining net assets either revert to the donor or transfer to a non-charitable designee.
Donor Advised Funds – a donor(s) advised fund enables the donor to make a deductible contribution to a publicly-supported charity for a particular purpose. The donor(s) retain management (advisory) control over the funds. The charity is legally obligated to make all attempts to carry out the wishes of the donor(s).
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