Build Your Legacy Today
Together, we can help prepare them for what’s next…
Build your legacy through planned giving today. You can have a significant impact on kids served by Junior Achievement of Greater Fairfield now and well into the future.
Include JA in your will or trust
Add a sentence to your will – no cost today, meaningful impact tomorrow.
Name JA as a beneficiary
Designate JA for a portion of your IRA, 401(k), or life insurance policy.
Give Through a Charitable Trust or Annuity
Create a gift that provides income for life while supporting JA’s mission.
Give Through Your Donor Advised Fund
Direct a gift from your DAF to support JA’s mission and students’ futures.
Planned Giving Glossary
| Asset Type | Method | When Payable to Charity |
| Bequest | A gift made by will. A specific bequest is a stated dollar amount or a specific asset (e.g., 100 shares of Apple stock). A residuary bequest is either the entire estate which remains after all other gifts are made, or a percentage of the remaining estate. |
Upon Death |
| Retirement Assets | Donors can name a nonprofit as a beneficiary of their retirement account, such as a 401(k) or IRA. |
Upon death or during lifetime as a Qualified Charitable Distribution |
| Real Estate | A donor can transfer all or a fraction of their interest in real estate to a nonprofit. |
During lifetime or upon death |
| Business Interests | A donor can donate a percentage ownership in a business. |
During lifetime or upon death |
| Life Insurance (Beneficiary) | Nonprofits can be designated as a beneficiary of a life insurance policy, either to receive all or a percentage of proceeds. They can be the primary or contingent beneficiary. |
Upon death |
| Life Insurance (Transfer of Policy) | The ownership of a paid-in-full life insurance policy can be transferred to a nonprofit while the insured individual is still living. |
During lifetime |
| Charitable Remainder Trust (lifetime or testamentary) | A trust which makes annual payments to the donor or designated recipient for a term of years – or the donor’s lifetime. Once the term expires, the nonprofit receives the remaining assets. |
Depends on terms of trust |
| Charitable Lead Trust (lifetime or testamentary) | A trust that first makes annual payments to the nonprofit for a term of years, then passes the assets back to the donor or heirs |
Depends on terms of trust |
Information provided by the Foundation For The Carolinas Center for Nonprofit Sustainability.
Let us walk you through next steps
1. Talk with your financial advisor or estate attorney
2. Review and update your beneficiary designations
3. Consider using a gift from your IRA to meet your RMD requirement and potentially lower your tax liability
Do you already have JA of Greater Fairfield County in your estate plans?
Email Alisa Jankowitz to let us know!
JAGFC tax identification # is #06-0644315
Thank you in advance for your support of JAGFC.
Please consult your tax, legal, or financial advisor to determine the best charitable giving strategy for your personal circumstances.