Clyde Kuntz, Vice-President of the Community Foundation for Southern Arizona, will make a Tax Day presentation at the Arizona Senior Academy on Wednesday (April 15) from 3:30 to 4:30 p.m.
Kuntz’s presentation will provide an overview of the various ways in which individuals might make charitable gifts through their estate plans. Some are designed to provide current tax savings while others provide tax savings to one’s heirs. Some gifts can be designed to provide current income to the giver, while leaving a generous gift to charity at the end of one’s life. And although a “bequest” is the most common way to make a gift, it is not always the most advantageous method.
In this presentation, Kunz will talk about the ways to make estate gifts to charity that do not involve an attorney, those that may need some limited involvement of an attorney, and the “more challenging” gifts that absolutely require the expertise of the legal profession.
Kunz, a former executive director of the Tucson Symphony Orchestra, has more than 25 years of experience in the nonprofit sector. He will discuss a variety of approaches to giving to charities, including specific bequests, charitable gift annuities, and other methods of giving through estate planning. The Arizona Senior Academy is located in Academy Village at 13715 E. Langtry Lane, Tucson, AZ.
The Community Foundation manages $120 million dollars on behalf of donors who want to give back to charitable organizations in Southern Arizona. The Foundation manages a variety of “donor advised” funds (some anonymously) and also coordinates other “supporting” 501(c)(3) organizations associated with the Community Foundation.
Written by James Kee, Academy Village Volunteer