Planned Giving

United Way of Monongalia and Preston Counties is committed to the long-term health and well being of the community. In order to ensure that the needs in our community will be met well into the future, United Way has established The Future Fund.

Through this program, investors can give lasting gifts that will continue to help those in need for years to come. Planned gifts are made in the form of assets rather than income to insure long-term impact. Whether through a gift of stock, bequest, life insurance policy, or a trust, donors can contribute to United Way’s endowment, which will enable us to create and ever increasing impact in our community.

Your planned gifts to United Way can be made in a variety of ways and will not only benefit United Way and the community, but also may provide significant tax and income advantages. Donors are advised to consult with their attorneys or other professional advisers in considering a planned gift to United Way of Monongalia and Preston Counties.

For more information or advice, you can also visit our partner, Leave a Legacy of Central Appalachia

 

Gifts of Cash

Investors wishing to make cash gifts to United Way’s endowment fund may make checks payable to Your Community Foundation, and specify in the memo line or in an accompanying letter that the gift is for United Way of Monongalia and Preston Counties’ endowment fund.

 

Bequests

Once investors have made provisions for family in their wills, they may wish to leave a specific amount, a percentage of the estate, or the residuum of the estate to United Way. If you wish to make a bequest to United Way, please use the following language:

“I give and bequeath to the United Way of Monongalia and Preston Counties, Morgantown, West Virginia, the sum of _________ dollars or ________ % of my estate.”

 

Life Insurance/Retirement Plan Proceeds

Investors may choose to make United Way the designated beneficiary of life insurance or retirement plan proceeds. Life insurance polices with built-up cash value can make convenient tax-deductible gifts. Naming United Way a beneficiary of a retirement plan can result in significant tax savings.

 

Charitable Gift Annuities

Charitable Gift Annuities (CGA) are one of the most popular forms of planned giving and can offer tax advantages as well as life income for the donor or a named income beneficiary. A CGA is a contract between the investor and issuing charity, in which the investor makes an irrevocable gift to the charity, and in return the charity pays the investor a fixed income for life. Upon the death of the investor, the amount remaining (residuum) goes to the charity.

 

To discuss further or for more information, please contact:
Brett White, Director of Development and Communications
304-296-7525, brett@unitedwaympc.org