The Catholic Foundation is pleased to provide PG Calc’s Gift Calculator as a service to donors who are considering a planned gift, life income gift or estate gift for the benefit of a parish, school or charity in the Diocese of Wheeling-Charleston. Also, estate planning financial advisors and legal counsel are welcome to use the Gift Calculator to assist them with their client’s planning needs.
Calculations may be made here for Charitable Remainder Trusts, including Charitable Remainder Annuity Trusts, which pay a fixed income for life based on the initial gift, as well as Charitable Remainder Unitrusts, which are revalued over time in order to determine life income distributions. You will need to work with your attorney on establishing such trusts. Assistance from Foundation legal counsel can be provided.
Charitable Gift Annuities are also able to be calculated on this website. CGAs offer donors the ability to create fixed lifetime payments to one or two beneficiaries and can be set up for themselves or loved ones across generations. When the beneficiary(ies) pass away, the remaining amount in the fund is provided to a Catholic entity of the donor’s choice. The Foundation is prepared to create all necessary annuity contracts, distribution schedules and investment guidelines for your CGA.
For more information on these and other gifts, including contributions of appreciated securities to fund planned gifts, please call the Foundation office at (304) 233-0880 Ext. 263.