search planned giving banner

By including Search, Inc. in your will, trust or retirement plan, you will make an ongoing commitment to people with intellectual and developmental disabilities. Your gift will ensure longstanding support for Search's mission to empower people with disabilities achieve their full potential, accept a valued role in the community, and lead rich, rewarding lives.

Search invites you to join the Legacy Club, a group of supporters, families and friends who value and recognize the impact of philanthropic planning and have included Search in their wills or other gift planning arrangements. Creative and flexible gift planning can provide financial advantages for donors, their families, and Search. The framework and funding options vary, including current, deferred, or life income gifts.

If you have already provided for Search Inc. in your will or trust, please inform us so that we may recognize your generosity. We look forward to including you as a member of the Search Inc. Legacy Club.

Current Gift Options
Gift of Appreciated Securities: A gift of appreciated securities, such as stocks, mutual funds, and bonds can provide benefits to a donor. An outright gift of long-term appreciated securities (securities held for more than one year) bypasses capital gains tax and, in many cases, the benefactor obtains a charitable income tax deduction equal to the market value of the securities.

Gift of Real Estate: A gift of commercial or residential real estate can be given outright to support Search Inc. and qualify for a charitable income tax deduction based on the appraised value of the property. In addition, a home or land that is no longer wanted or needed can fund a unitrust or other life income gift.

Deferred Gift Options
Gift by Will: A gift through one's estate can provide support to Search Inc. in any dollar amount. The gift can be made through a will or trust, as a specific dollar amount, percentage of the estate, or specific property.
Sample wording for a bequest by will is:
"I give to Search Inc., a Illinois 501 (c)(3) nonprofit with tax id # 23-7058758, and located at 1925 N. Clybourn Avenue, Chicago, Illinois, 60614, the sum of $__________ (or _____% of my estate; or the property described herein) ."

Gift of Life Insurance: A donor can use a life insurance policy to support Search Inc. by naming the organization as the owner and beneficiary of an existing, or newly created, policy.

Gift from a Retirement Account: Transfer of an IRA or Pension Plan to a qualified charitable organization makes it possible to bypass potentially high income and estate taxes. This can be done by making Search Inc. the beneficiary of all or part of your IRA or retirement account.

Life Income Gift Options
Charitable Gift Annuity: A charitable gift annuity is a contract between the donor and Search Inc. that provides advantages for both, including the following benefits:
• guaranteed fixed payments, a portion of which is nontaxable
• charitable income tax deduction for a portion of the gift
• reduced capital gains taxes
• support for the Search Inc. Heritage Society endowment

Charitable gift annuities may be funded with cash or securities. Payouts can be made annually, semi-annually, or quarterly, with rates based on the age of the donor at the time the gift is made.

Deferred Charitable Gift Annuity: A deferred gift annuity is similar to a charitable gift annuity, except that the payments are deferred to a future date. In addition, the donor obtains a charitable income tax deduction in the year the gift is made. A donor may defer payments to years when income is needed more, such as in retirement.

Charitable Remainder Unitrust: A charitable remainder unitrust pays the donor a predetermined percentage of the fair market value of the trust's assets as revalued annually. Additional contributions may be transferred to a unitrust over time. The unitrust may be designated for Search Inc. Heritage Society endowment fund.