Planned giving is the process of making a significant charitable gift during a donor’s life or at death that is part of his or her financial or estate planning.
Planned gifts make use of legal and tax strategies requiring donors to turn to professionals for assistance. In contrast, a charitable donation made from a person’s cash flow is not defined as a planned gift. Examples of the most common planned gifts are assets such as appreciated securities, charitable gift annuities, bequests, charitable remainder or lead trusts, life insurance or retirement plan designations, and other provisions of future interest. Please contact our Director of Development to learn more about these and other options that are available.
Cleveland Rowing Foundation is proud to offer a Legacy Crew Society to forward-thinking people who have included CRF in their will or have named CRF as a beneficiary of a planned gift. Planned gifts will be utilized to further develop CRF into a world class rowing center and community boathouse. Long lasting support is necessary to ensure continued growth of the sport of rowing in Cleveland as well as unobstructed access in perpetuity to the Cuyahoga River.
Your planned gift will have a permanent effect on the programming options and future development of the foundation. I urge you to review your estate planning with your family and legal advisors to see if a planned gift to the Cleveland Rowing Foundation is feasible. Contact our Director of Development for further assistance and to answer any questions.