Planned Gifts

Leaving a legacy with Pocket Neighborhood Communities

Provide tax benefits for you and your heirs, while helping our neighbors in need! For information on Planned Giving, choose from one of the following options:

Retirement Assets

Donating part or all of your unused retirement assets, such as a gift from your IRA, 401(k), 403(b), pension or other tax deferred plan, is an excellent way to make a gih to PNC.

To leave your retirement assets to PNC you will need to complete a beneficiary designation form provided by your retirement plan custodian.

Benefits of retirement assets:

• Avoid potential estate tax on retirement cash
• Heirs avoid income tax on any retirement assets funded on pre-tax basis
• Receive potential estate tax savings from an estate tax deduction

Charitable Bequest

With the help of an attorney you can include language in your will or trust specifying a gih to be made to PNC as part of your estate plan, or you can make a bequest using a beneficiary designation form.

Benefits of a bequest:

• Receive an estate tax charitable deduction
• Reduce the burden of taxes on your family
• Leave a lasting legacy to PNC

Real Estate

Donating appreciated real estate, such as a home, vacation property, underdeveloped land, farmland or commercial property, can make a great gih to PNC.

Your real property may be given to PNC by executing a deed transferring ownership. Your gih will generally be based on the property’s fair market value, which must be established by an independent appraisal.

Benefits of gins of real estate:

• Avoid paying capital gains tax on the sale of the real estate
• Receive a charitable income tax deduction based on the value of the gih
• Leave a lasting legacy to PNC