The Seabury Charitable Foundation invites you to join us as we work to enhance the future!
Checks may be made out to the Seabury Charitable Foundation and sent to 200 Seabury Drive, Bloomfield, CT 06002 or click here to donate online!
Donors who support Seabury at a level of $25,000 or more are recognized with their names on glass panels on the Donor Wall in the Terrace Room.
The Seabury Legacy Society is comprised of individuals whose bequests have been realized or those who have demonstrated their intention to make a bequest to the Foundation. Recognition of these benefactors are proudly listed on the Donor Wall, as well.
The Foundation offers several ways to contribute, ensuring the most appropriate avenues for you to meet your goals as you help drive ours:
Gifts You Can Make Now
IRA charitable rollover
If you are age 70½ or older, you can make direct tax-free transfers from your IRA account to SCF. These gifts count toward your required minimum distribution and may reduce your federal and state income taxes.
Gifts of appreciated securities
Avoid capital gains taxes and generate a charitable income tax deduction, stretching your charitable dollars further.
Create a philanthropic spending account that allows you to time your giving — and your charitable deductions — to maximize your tax savings.
Charitable gift annuity
Combine a fixed income stream for life with tax savings – and a gift to SCF.
Charitable remainder trust
Combine a gift to SCF with tax savings and lifetime income for you or others. You can fund your charitable remainder trust with a wide variety of assets and add to it over time.
Gifts of real estate
Choose among a variety of ways to structure your gift, including an arrangement that allows you to stay in your home for your lifetime and take a federal income tax deduction now.
Charitable lead annuity trust
Allows you to pass assets to your heirs tax-free while providing an annual gift to SCF for a number of years.
Gifts of illiquid assets
Assets other than cash or stocks can make great gifts to SCF — particularly if they’re no longer of use to you. SCF may be able to accept:
- Paid-up life insurance policies
- Personal property including art and collectibles
- Closely held stock and business interests
- Intellectual property and royalty rights
Gifts from your estate
Gifts from your retirement accounts
Beneficiary designations on tax-deferred retirement accounts like traditional IRAs, 401(k)s and 403(b)s are quick and easy to set up – and may be the most tax-savvy way to make a gift from your estate.
Include a provision in your will or trust to leave a fixed dollar amount, a percentage of your assets, or the residuary of your estate to SCF.
Life insurance proceeds
Naming SCF as a beneficiary of your life insurance policy can provide a great gift.
Gifts from your donor-advised funds
Create a succession plan for your donor-advised fund to continue your support of SCF.
Certain bank and investment accounts can transfer directly to SCF without going through probate.
Learn more at What Will Your Legacy Be? | Seabury (seaburycares.org)
|A revocable gift upon your death.||Bequest in Will|
|A gift that pays fixed annual payments.||Charitable Gift Annuity|
|A trust that pays variable annual payments.||Charitable Remainder Unitrust|
|A gift that reduces taxes upon your estate.||Charitable Lead Trust|
|Give your home and continue to live there.||Retained Life Estate|
|Give retirement assets to help avoid taxes.||Retirement Plan Gift|
|A trust that pays fixed annual payments.||Charitable Remainder Annuity Trust|
|User insurance assets to help avoid taxes.||Life Insurance Gift|
|A gift that gives immediate benefits.||Gift of Appreciated Property|
|The simplest gift is a gift of cash.||Outright gift|
|Avoid taxes on the sale of real estate.||Real Estate gift|
Your gifts of cash, appreciated stocks, in-kind valuables, automobiles, etc. are also welcome. Your contributions may also be made in memory of or in honor of a loved one any time. The Seabury Charitable Foundation also participates in the Amazon Smile program whereby the Foundation receives contributions from Amazon based a percentage of your purchases. Laws governing charitable deductions and planned giving strategies can change regularly. Get the latest information on how to maximize your tax savings and meet IRS requirements.