Legacy Gifts often provide financial benefits to the donor. Tax savings, current cash payments, supplemental support for family and friends – these and other benefits are available depending on a donor’s circumstances and objectives.

Many people wish to continue their support of Poverello after they are gone and leave a gift in their wills to do so.

There are a number of financial benefits to making a Legacy Gift.

  • If you include Poverello in your will, you may exclude some of your estate from estate or inheritance taxes.
  • You can turn highly appreciated securities which are not paying you a dividend into a charitable remainder trust which will pay you and your spouse or partner an income for life and avoid paying the capital gain taxes on the appreciation.
  • If you have a life insurance policy which you no longer need, you can transfer that policy to Poverello and receive a charitable tax deduction.

Please remember Poverello Center in your will and estate plans.  And if you have named us, please let us know- we want to honor you

Please contact our CEO Thomas Pietrogallo at tpietrogallo@poverello.org if you have any questions.