Planned Giving

Leaving a legacy gift is like writing the epilogue to a generous and thoughtful life story; it's a plan for helping your good intentions live on in perpetuity. The Yeatman Legacy Society draws inspiration from James Yeatman, who founded our organization before the Civil War, in 1860, to provide services to those most vulnerable in our community.

Provident Behavioral Health created the society to provide donors meaningful opportunities for engagement, networking, and to charitably give now and in the future. Planned Giving takes many forms, providing additional income for you and/or your heirs, reducing income and estate taxes, relieving you and your heirs of complicated financial management responsibilities and helping to fulfill your personal, humanitarian and charitable objectives.

We appreciate your consideration of including Provident Behavioral Health in your planned giving. Through planned giving, you will give a gift that allows for hope, growth and the ability to build brighter futures.

The following are a few ways Planned Giving can be structured:

Cash
An outright gift of cash qualifies for a full charitable deduction for most donors who itemize their federal income tax returns.

Appreciated Securities
Transferring shares of stocks, bonds or mutual funds that have increased in value to Provident is a great way to make a charitable gift. Tax savings is twofold: you will not be subject to the capital gains tax while earning a charitable deduction for the current value of the security.

Bequests
One of the simplest planned gifts is a bequest through your will in which you designate either a specific dollar amount or a percentage of your estate after other disbursements. A bequest can also reduce the amount of your taxable estate, which may increase the actual amount available to loved ones.

Life Insurance
Provident, Inc. can be named as the beneficiary of a new or existing life insurance policy. If Provident is also named as the owner of the policy, all of the donor’s premium payments are charitable deductions.

Charitable Gift Annuities
This gifting technique is an outright gift of cash, securities or other property to Provident made during a donor’s lifetime in return for the organization’s promise to pay a lifetime annuity income to the donor.

Charitable Trusts
Provident can be named as the ultimate beneficiary of a charitable remainder trust or the income beneficiary of a charitable lead trust. Both are highly effective estate planning tools that can benefit the donor now or later.

Retirement Plans
Significant tax benefits can be gained by naming Provident, Inc. as residual beneficiary of retirement plan assets. This option allows a donor to defer a gift to the end of his or her lifetime, reduce the size of the estate, and meet charitable objectives.

Appreciated Property
Gifts of securities and real property may provide important tax advantages. Their full fair market value is deductible as a charitable contribution with certain limitations.

Do you need to inform Provident that you have left a gift to us?

This decision is up to you. If you do decide to inform us of your planned gift, it will allow us the opportunity to recognize you (if you wish), and the gift can be included in future planning.

For more information, please contact:

Maggie Bauer
Development Manager
mbauer@providentstl.org
(314) 802-2581