UCAN 1869 Society
The 1869 Society, named for the year in which UCAN was founded, highlights those individuals who have chosen to include UCAN in their estate plans.
Become a member in one of the following ways:
- Donating to UCAN in a will or living trust
- Naming UCAN as the beneficiary of a charitable gift annuity or a charitable remainder trust
- Naming UCAN as the beneficiary of a life insurance policy or a 401k/IRA retirement plan
- By supporting UCAN in this way, 1869 members leave a legacy for years to follow and ensure future income for UCAN.
Don't hesitate to get in touch with Gwendalyn Carver, Director of Development, at 773-588-0180 or Gwendalyn.Carver@ucanchicago.org if you have included UCAN in your estate planning, for we would love to welcome you into the 1869 Society.
Bequests through your Will or Trust
Defer a gift until after your lifetime.
Put a bequest to UCAN in your will or living trust (give cash, stock, property or share of the residue).
Your assets remain in your control during your lifetime, and you can modify your bequest to address changing circumstances. Donations are also fully exempt from federal estate tax.
Individual Retirement Account (IRA)
Avoid twofold taxation on IRA or other employee retirement plans.
Name UCAN as the beneficiary of your IRA, 401K, or other qualified plan.
Permits you to leave other assets that carry less tax liability to family members.
Make a large gift with little cost to you.
Contribute unneeded life insurance policy, or purchase a policy which has or names UCAN as owner and beneficiary.
You can make a significant gift from income instead of capital, and your gift is fully tax deductible.
Charitable Gift Annuity
Receive guaranteed fixed income that is partially tax free.
Create charitable gift annuity by making a one-time gift to UCAN in exchange for fixed annuity payments.
Current and future savings on income taxes and stable income. After making a one-time gift to UCAN, you receive fixed annuity payments annually.
Gifting stock can result in better tax treatment for the donor than a cash gift.
Transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than a year to UCAN.
You receive an income tax deduction for the fair market value of the securities, when they are transferred, and pay no capital gains tax.
Gift of Real Estate
Avoid rising real estate and capital gains taxes associated with selling a property.
You deed your home, undeveloped property or other real estate to UCAN.
You receive an income tax deduction for the fair market value, and pay no capital gains tax on the transfer.
We recommend consulting a financial advisor regarding your financial goals and plans. For more information on UCAN planned giving, please contact Gwendalyn Carver, Director of Development, at 773-588-0180 or Gwendalyn.Carver@ucanchicago.org