Legacy Foundation Planned Giving 101

Your Legacy and Public Media: Planned Giving 101

Responsible journalism; local, national and international news; gold-standard programming; local flavor – KTOO is all that and more.

Just like there are many ways to reap the benefits of public media – there are also multiple ways to invest in KTOO to ensure the future of public media in Alaska’s capital city for generations to come.

Planned giving is not an all or nothing type of arrangement. Here are some popular terms associated with planned giving.

• Specific amount –a certain amount from an identified asset
• Percentage – from either a specific asset or an entire estate
• Residual – a gift of whatever is left after all specific bequests and expenses have been met

Beyond Bequests – Other Planned Giving Options

The popular – tax smart option – IRA Charitable Rollover

• If you’re 70 ½ or older, you can take advantage of a simple way to support KTOO and receive tax benefits in return.

Benefits of an IRA Charitable Rollover:

• Avoid taxes on transfers of up to $100,000 from your IRA to KTOO’s Legacy Foundation
• Satisfy your required minimum distribution (RMD) for the year
• Reduce your taxable income, even if you do not itemize deductions
• Make a gift that is not subject to the 50% deduction limits on charitable gifts
• Ensure the future of public media in Alaska’s Capital City

Other Retirement Assets

• Up to 50% or more of your retirement assets (IRA, 401K, pension and other tax-deferred plan) may be taxed if you leave them to your heirs. Leaving loved ones’ other forms of assets and designating funds to a charity avoids that tax-burden.

Gift of Stocks and Bonds

• Avoid paying capital gains tax
• Receive a charitable income tax deduction
• Enjoy possible increased income

Gift of Life Insurance Today or Tomorrow

• If your life insurance is no longer needed or will no longer benefit your survivors, designate the KTOO Legacy Foundation as a beneficiary – today or tomorrow. Both options work.

If you decide to include KTOO in your planned giving strategy, please let us know. Legacy Circle members receive special benefits for events and updates.

For more information, please contact KTOO General Manager Bill Legere.

How to give to the Legacy Foundation

Here is a copy of the Legacy Foundation Donor Intent Form.

For more information, please contact KTOO General Manager Bill Legere.

The proper legal name to be used when designating KTOO in any planned giving gift is:

KTOO Legacy Foundation
360 Egan Drive
Juneau, AK 99801
907-586-1670
legacy@ktoo.org

I have supported KTOO, FM & TV, for 40 years because of the high quality of its content & relationship to community. My planned giving includes the Legacy Foundation so that future generations can enjoy the same benefits that my family and I have enjoyed for decades.” Sioux Douglas

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