With a planned gift to the National Fire Heritage Center (NFHC), you can combine your desire to give to charity with your overall financial, tax and estate planning goals. Your planned gift gives a special connection with the NFHC. You will help those committed to preserving the history of the American fire service, for now and for years to come.
Charitable bequests can allow donors to make significant contributions to the NFHC that they would not have been able to make during life while reducing estate tax liabilities. Bequests by will may provide the NFHC with a specific dollar amount or property, a percentage of the estate, a residual amount, or a contingency bequest.
A popular alternative to cash is the gift of appreciated securities. Generally, in addition to receiving an income tax deduction for the full, fair market value of the stock, the donor avoids any potential tax on the capital gain of the securities assuming the appropriate holding period has been satisfied.
Other opportunities, such as Charitable Remainder Trusts, Charitable Lead Trusts, gifts of real estate with or without retained life interests, or life insurance can also be an attractive and suitable means of donating to the NFHC.
Please email Executive Director Wayne Powell for further information on the NFHC and planned giving.