Trust Fund

Trust Fund Options

Gifts can be made in cash, securities, insurance policies, real estate, or other property. You may . . .

• Perpetuate your present annual gift to United Way by incorporating a bequest in your will sufficient to yield an annual income equal to your gift. 
  
• Make a gift to the Trust Fund now in any amount and add to it from time to time at your convenience. (You may, if you wish, stipulate that the annual interest be added to the principal during your lifetime.)
  
• Give stock that has appreciated in value and deduct the current full market value.
  
• Establish an "annuity trust" or "unitrust" either during your lifetime or under your will, with payment to be made annually for as long as you wish, to yourself or to other living persons; the remainder of the trust thereafter becoming an endowed gift to the United Way of Broome County.
  
• Participate in the Pooled Life Income Fund with an initial gift of $5,000 or more (additions may be made at your convenience in $1,000 increments), earning income for you or another living person for life, with the remainder thereafter passing to the United Way of Broome County.
  
• Give the United Way of Broome County the right to receive your residence after your life or the lives of both you and your spouse.
  
• Establish a Qualified Terminable Interest Property trust (QTIP), with income and principal of the trust available to take care of your spouse for life and the residue of the trust thereafter passing to the Trust Fund of the United Way of Broome County. 

For additional information about any of these options, contact Lisa A. Brooks, Director of Finance, at United Way of Broome County.

Updated: May 20, 2008