
Legacy Gifts
Did you know there are multiple ways you can support our community in addition to gifts of cash? CLASS welcomes all types of gifts to support those we serve. Below are some examples that can assist you in determining the most appropriate way for you to leave your legacy to CLASS.
"The way you get meaning into your life is to devote yourself to loving others, devote yourself to your community around you, and devote yourself to creating something that gives you purpose and meaning." - Mitch Albom
- A gift in your will is one of the most popular ways many donors have found to make a lasting impact on those we serve well into the future without affecting their income today. By adding simple language to your will, you can elect to specify a dollar amount or set a percentage of your estate to be given directly to CLASS. Smart estate planning can help protect you and your family's financial future while also supporting your philanthropic goals!
We also accept the following types of gifts, which are less common although still impactful "planned" gifts:
- Charitable gift annuity - CLASS, in exchange for an irrevocable gift, will pay a fixed dollar amount during the life of the donor or designated other. The amount that is received is determined by many factors including age of donor, age of beneficiaries, and size of the gift.
- Pooled income fund - CLASS receives a gift from you in money or securities which are invested together with similar gifts from other donors. The donor will continue to receive a proportionate share from the income for the rest of the donor's life.
- Charitable remainder trust - CLASS receives cash, securities or other property from the donor. In return, UCP returns a percentage of income based on the gift value.
- Charitable remainder annuity trust - CLASS receives an irrevocable transfer of the donor's money in return for a fixed amount of money to be given to the donor annually for life.
- Revocable trust - This option is for donors who want to be flexible, to give a gift with a variety of assets, and to have the option to take back the gift. This gift would give CLASS money after it has provided income to the donor or designated loved one for life.
- Gifts of Insurance - If an existing insurance policy is no longer needed, CLASS can be assigned as the beneficiary.
- Endowment- CLASS is the 12th largest Pittsburgh-Area Health and Social Service nonprofit organization. However, they are also one of the few organizations without an endowment. An endowment is a fund created in support of the work of a particular nonprofit organization. Please help CLASS continue Working Toward A Community Where Each Belongs by making a contribution that will support establishing an endowment fund.
For more information about Charitable Gifts & Planned Giving, please contact your lawyer, financial planner, or CLASS' Development Director at 412-683-7100 x2158, 1-888-954-2454, or via our online contact form.