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Planned Gifts
Through a planned gift to the Foundation for the LSU Health Sciences Center, you can
increase your income or provide additional retirement income, while earning a current tax
deduction and providing for a future gift to the Foundation. Planned Gifts are focused on
the future while remembering the past.
 Gifts that Give Back
Charitable remainder trusts (CRT) allow you to keep the income from your assets while
making a deferred gift to the Foundation. You receive income for life to you or another
beneficiary, an immediate IRS income tax deduction for a portion of the value of the gift,
and possibly increased income and a reduction in capital gains tax.
Gifts that Pass
Assets to Heirs
Charitable lead trusts enable you to donate the income produced by assets placed in trust
to the Foundation during the term of the trust, after which the assets can be passed along
to heirs with significant estate tax savings.
Gifts of Appreciated Stock
By giving long-term appreciated securities (rather than selling first then giving the
proceeds), capital gains tax can be avoided entirely. You can take a charitable deduction
equal to 100% of the fair market value of the securities at the time of the gift. You may
deduct that value up to 30% of your Adjusted Gross Income in any one year and carryover
the excess for five more years. To make a Gift of Stock, please contact Chad
Leingang, Chief Financial Officer, at (504) 568-5721.
Gifts of Real Estate
A real estate gift can be all of a property or an undivided partial interest in a
property.  Benefits for giving real estate to the Foundation include: charitable income tax
deductions, full or partial freedom from capital gains tax, and the ability to still use
the property for life, if you wish.
Retirement Plan Gifts
Outright gift to the Foundation vs. the IRA as a bequest! The best tax result may be
realized if the IRA is given to the Foundation at death, because a charity does not pay
income tax. Also, the full value of the bequest will be deductible against the value of
the estate for estate tax purposes.
Life Insurance Gifts
Paid-up policies and partially-paid policies may be donated to the Foundation with some
income tax advantages. By simply naming the Foundation owner and beneficiary, as well as
giving up all "incidents of ownership," you can make a sizable gift without
disturbing other assets and without loss of income. Using life insurance as wealth
replacement for other assets may also be beneficial.
Bequests to the
Foundation
In order to perpetuate your giving to further the mission of the Foundation, you may want
to leave a bequest. Giving by bequest is merely writing a charitable gift to the
Foundation in your will. Bequests to the Foundation may be made in a number of ways:
- Specific Bequests
are a specific amount of money or a specific property.
- Percentage Bequests
include a percentage of your estate.
- Residuary Bequests
are the property or assets that are left in your estate after the specific bequests have
been satisfied.
- Contingent Bequests
state that the Foundation will receive the bequests only if there are no other living
heirs.
For more information on Planned Giving, please
contact the Foundation at (504) 568-3712.
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