Planned Giving
 

PORTALS’ ‘Turn a life around’ Championship Circle provides opportunities for people to make planned financial gifts through an immediate donation from accumulated wealth or income, or through their wills and estates. Many people choose to have their gift endowed so their funds can be used in perpetuity.

An endowment raises money that is placed in a special fund and invested. Based on the gift policy established by the PORTALS Foundation, a percentage of the investment income earned each year can be used to defer member program-related expenses. A solid endowment fund provides a stable source of regular income for the programs operated by PORTALS, and will offer opportunities to expand member services where there are needs for staff and other resources.

There are several ways to make a planned gift which could also provide you with significant tax benefits depending on how you structure your gift. PORTALS would be pleased to assist you and your professional advisors with creative and timely suggestions on how you can make a lasting difference for people with mental illness.

A planned gift may include:

• A gift or bequest made after deliberate consideration while creating or reviewing your financial, retirement, estate or will plan
• A gift that requires some type of discussion and involvement of your professional advisors (e.g. a will, 'listed' shares, life insurance or other financial vehicle)
• A gift from your current income or possibly from your accumulated wealth
• A gift towards current projects or to assist in perpetuity
• A gift of property or real estate.

Contact our Development Department at (213)639-2577 and ask for additional information.

We would be happy to arrange a personal meeting so you can learn more about how PORTALS services have helped thousands of individuals in our community to turn their lives around.