What is a Planned Gift?

A planned gift is a contribution arranged in the present and allocated at a future date. A planned gift has no immediate financial impact on the donor but can significantly support the named beneficiary at the time of payout. Commonly donated through a will or trust, retirement plan, or even life insurance policy, planned gifts are often granted once the donor has passed. A donor can name their parish, Catholic school, favorite nonprofit, or even the Catholic Community Foundation as a full or partial beneficiary of their estate. Planned gifts are an excellent option for those unable to provide support in the present but would like to make an everlasting impact on the organizations they love after they pass.