What is Planned Giving?
sgEngage
NOVEMBER 19, 2023
Planned giving, often called” legacy giving,” is the process by which a donor or prospective contributor produces a financial or estate plan to donate something of value to an organization at a later time. Planned gifts are often donated through a will at an individual’s bequest so that the nonprofit receives the gift upon the donor’s death. A bequest is a planned gift outlined in an estate plan or will, but planned gifts can also come in the form of large donations of money that a nonprofit can
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