Charitable gift planning ensures that First Tee – Coastal Carolinas can continue to impact the next generation of young people by providing educational programs that build character, instill life-enhancing values and promote healthy choices through the game of golf.
The following guidelines are available to assist you and your attorney, accountant or financial planner.
First Tee – Coastal Carolinas will accept a charitable bequest in a will or testamentary trust.
First Tee – Coastal Carolinas will accept a beneficiary designation or irrevocable trust, life insurance policy, 401k or other retirement plan.
IRA CHARITABLE ROLLOVER
Congress recently reinstated a law that allows you to make a tax-free gift from your IRA, known as the IRA charitable rollover. Individuals age 70 ½ and older can donate up to $100,000 from their IRAs tax-free.
CHARITABLE REMAINDER TRUSTS
First Tee – Coastal Carolinas will accept designation as a remainder beneficiary of a charitable remainder trust. First Tee – Coastal Carolinas is not in a position to serve as Trustee.
CHARITABLE LEAD TRUSTS
First Tee – Coastal Carolinas will accept designation as an income beneficiary of charitable lead trusts. First Tee – Coastal Carolinas is not in a position to serve as Trustee.
Planned gifts – large and small – are a lasting way to help our young people. For sample language, more information or to notify First Tee – Coastal Carolinas of a planned gift, please contact:
The First Tee of Coastal Carolinas
P.O. Box 1820, Shallotte, NC 28459