Jim Schmidt has been a board member for Tri-County Mental Health services for many years, and he recently announced he and his wife, Jeanne, have provided a planned gift for Tri-County as part of their estate planning.
“Working on the Tri-County Board has helped me see the important work they do throughout the Northland, including right here in Richmond, Missouri. I like the thought of helping that work continue even after I am gone.”
Tri-County CEO Tom Petrizzo was thankful for the support. “Planned giving is something that allows people to accomplish a lot of good with their legacy. Jim has been a great board member, and I appreciate his and Jeanne’s thoughtfulness.”
Planned giving is sometimes referred to as gift planning or legacy giving and can be real estate, cash, personal property or life insurance. It allows an individual to use estate and tax planning to provide for a nonprofit of their choice in a way that maximizes the gift and minimizes the impact on the donor’s estate.
Whether a donor uses cash, appreciated securities/stock, real estate, artwork, partnership interests, personal property, life insurance, a retirement plan, etc., the benefits of funding a planned gift can make this type of charitable giving very attractive to both donor and charity. Planned gifts are a critical component in philanthropy.
If you would like to discuss supporting Tri-County with a current or planned gift, please contact Dan Ryan, Tri-County’s Director of Development, at 816-612-8030 or at firstname.lastname@example.org