Planned Giving

What are Planned Gifts?

Consider supporting The Center for Individuals with Physical Challenges, LTD (The Center) through a planned gift. Planned gifts can be a donation of cash, stocks, real estate, personal belongings and/or business interests.

The most frequently-made planned gifts are bequests to charities made through one’s will. Other popular planned gifts include charitable trusts, charitable gift annuities and donor-advised funds. Making a planned gift usually requires the assistance of a knowledgeable advisor such as an attorney, financial planner or CPA who can help structure the gift in accordance with your wishes.

In addition, you can support The Center through planned giving by including The Center as a beneficiary on your life insurance, IRA (Individual Retirement Account) or Pension Plan.

A common misconception is that giving through your estate is only for the “wealthy.” The truth is even people of modest means can make a difference through financial planning and gifting.

An Example of an Unrestricted Bequest for a Planned Gift:

“I give and bequeath to (organization name) (”__% of my estate,” “the sum of ___” or “the residue of my estate”) under this will after the deduction of all debts, funeral expenses, and administration expenses but before the deduction of any death, inheritance or estate taxes. I intend to exonerate this bequest from contributing to the payment of any such taxes.”

 Additional Ways to Give:

  • Securities: Stocks that increased in value is one of the most popular assets used for charitable giving. Once the stock is secured for more than one year, the stock can be gifted.
  • Retirement Plan Assets: Funds in an employee retirement plan, IRA, or tax-sheltered annuity contain income that has yet to be taxed. Your beneficiaries will owe the income tax at your death – sometimes as much as 35%. It may be a reason to provide your loved ones with less heavily taxed assets by leaving your retirement plan to charity.
  • Real Estate: Certain types of real estate can be donated to charity while enjoying tax benefits.
  • Closely Held Stock: A gift of closely held stock can provide a way to make a sizable contribution while providing a valuable tax benefit.
  • Life Insurance: The need for life insurance changes over time providing an opportunity for its use as a charitable gift. If you no longer need the coverage to protect your loved ones, consider changing the policy’s beneficiary or the percentage thereof to support the work of the charity. 

Four Essential Steps to Creating Your Will:

  1. The Basics: Determine your objectives, the value of your property, inventory of your assets, an estimate of outstanding debts, and a list of family members and other beneficiaries to whom you want to pass assets.
  2. The Choice: Talk to your guardian ahead of time about what you expect of them. If you have not named a guardian, the courts will choose one for you. If you have minor children or an adult child or a parent or spouse with special needs who is your dependent, you must think about who will care for them when you are gone. 
  3. The Executor of an Estate: The executor offers such responsibilities as notifying all interested parties and agencies of your death, paying creditors and outstanding taxes, and distributing your assets according to your will. Without a will or executor, the courts will appoint one for you.
  4. The Professional: To ensure you have taken care of heirs properly, seek the counsel of an estate planning professional to help you record your wishes in a legally sound Last Will and Testament.

When including The Center in your planned giving, please use the following information:

Tax ID
The Center for Individuals with Physical Challenges, Ltd
Tax ID: 73-6070545

Mailing Address
The Center for Individuals with Physical Challenges, Ltd
815 S. Utica Avenue
Tulsa, OK 74104

For more information, please contact Executive Director Wendi Fralick at or 918-794-4509.