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Planned Giving

Mandarins of Sacramento, Inc., has been enriching the lives of young musicians, performers, and leaders for decades. By making a planned gift, you can help ensure that the Mandarins continue to provide transformative experiences to future generations. Planned giving allows you to make a lasting impact while also meeting your financial and personal goals.

Why Give?

Your planned gift will help the Mandarins in many ways, from providing scholarships and educational opportunities to supporting our programs, camps, and performances. By leaving a legacy with the Mandarins of Sacramento, Inc., you will ensure that future generations of young people can experience the joy, discipline, and camaraderie that come from participating in our world-class programs.

What is Planned Giving?

Planned gifts, such as those made through a will or estate plan, often allow you to make the biggest impact on the causes you care about most. A planned gift is usually set up to incorporate tax-planning strategies as well as your retirement choices, and can be customized in a wide variety of ways to suit your needs.

 

Many people think a planned gift is something that is given only through a will or estate plan, and won’t benefit the organization until after they are deceased. However, there are several gift options that allow donors to see the impact of their contribution immediately. Read on for information about Qualified Charitable Distributions, Donor Advised Funds, and stock donations.

How to give

There are several ways to include the Mandarins of Sacramento, Inc., in your estate and gifting plans. We encourage you to consult your financial advisor or attorney to choose the method that’s right for you.

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  • Bequests
    Name the Mandarins of Sacramento Inc.,as a beneficiary in your will or living trust. This allows you to specify a set amount, percentage, or remainder of your estate to be donated to the Mandarins after your passing.

  • Charitable Remainder Trusts (CRTs)
    A CRT allows you to receive income during a specified time frame, with the remainder of the trust supporting the Mandarins of Sacramento Inc., at the end of that specified time.

  • Life Insurance
    By designating Mandarins of Sacramento, Inc., as a life insurance policy beneficiary, you can make a significant gift with minimal impact on your current financial situation.

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  • Retirement Assets
    Naming the Mandarins of Sacramento, Inc., as a beneficiary of your IRA or 401(k) can help you avoid heavy taxes on these assets while making a substantial difference in the lives of young performers.

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  • DAF (Donor Advised Funds)
    Donor Advised Funds (DAFs) are a popular way for donors to provide financial support for the causes they care about. DAFs are accounts created to take an immediate tax deduction while giving the account holder time to designate charitable causes over several years and several non-profits. DAFs only need a word from their account holder to release grant funds that can move the mission forward.

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  • QCD (Qualified Charitable Distribution)
    At the end and beginning of the calendar year, seasoned donors sometimes ask about making a qualified charitable distribution (QCD), a direct transfer from their custodian individual retirement account (IRA), once they turn 70½ years old.  While a QCD is not a tax-deductible donation, it is a distribution that counts towards satisfying your required minimum distribution so long as certain rules are met.  A QCD excludes the amount donated from taxable income, which is unlike regular withdrawals from an IRA.  When you keep your taxable income lower, this may reduce the impact to certain tax credits and deductions, including Social Security and Medicare.  
     

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How to get started

To learn more about planned giving and how you can leave a legacy with Mandarins of Sacramento, Inc., please contact us at legacy@mandarins.org. We are happy to work with you and your financial advisor to explore the best options for your personal and financial goals.

Share your Legacy

Have you already included a gift to the Mandarins of Sacramento Inc., in your estate and gifting plans? Please let us know by contacting us at legacy@mandarins.org so we can thank you for your support and update our records.

Disclaimer

The material presented is intended to provide an overview of certain charitable gift plans. It is not intended to provide legal, tax, investment, or other professional advice, and it may not be relied on for such advice. For assistance in specific cases, obtain the services of an attorney or other professional advisor.

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