Moray reach Out

Legacy Giving

What is Legacy Giving?

Legacy giving is a way for supporters to make a lasting impact by pledging a donation to a charity in their will. Sometimes called planned giving, legacy gifts are often arranged years in advance and come into effect after the donor’s passing. While many donors choose to give a monetary gift, others may set up a charitable annuity or trust, creating a long-term financial commitment that benefits the charity well into the future.

For Moray Reach Out, legacy gifts provide essential support, helping us sustain and grow our mission while honouring the legacy and values of those who chose to contribute.

 

🌼 Opening Doors to Mental Health Placements: We are dedicated to providing a safe, inclusive environment for individuals facing mental health challenges. Your legacy gift helps us establish valuable placements, offering hope and support to those in need.

📚 Empowering Lifelong Learning: Education is at the heart of our work, and your support allows us to offer enriching educational opportunities for adults with learning disabilities. Each gift supports a future where individuals gain new skills, knowledge, and confidence.

🛠️ Enhancing Training and Development: Your generosity enables us to acquire essential materials and equipment, enhancing the training experience for our trainees. It’s an investment in creativity, growth, and skill development that prepares individuals for greater independence.

Why is Legacy Giving Important?

Legacy giving offers lasting benefits to both donors and charities, providing a meaningful way to make an impact beyond one’s lifetime.

A Lasting Legacy Legacy giving ensures that donors will be remembered for their generosity and support of the charity’s mission long after their lifetime. This can be especially significant for those who may not have the means to make a large donation during their lives but wish to make a meaningful contribution that reflects their values and dedication.

Tax Benefits Legacy giving can also provide tax advantages for donors, which is particularly appealing to those looking to balance charitable intentions with financial planning. By participating in legacy giving, donors can leave a legacy that also benefits their families.

Control Over the Donation’s Impact With legacy giving, donors can specify how they wish their gift to be used, providing assurance that their contribution will be managed in a way that aligns with their values and vision. This control can offer peace of mind, knowing that their legacy will be honoured as intended.

Through legacy giving, donors can help sustain Moray Reach Out’s mission for years to come, creating a lasting impact for the community.

The Importance of Legacy Giving for Moray Reach Out

Legacy giving plays a vital role in helping Moray Reach Out expand our services and develop our facilities, allowing us to reach even more people in need. Many supporters may not have the capacity to make major annual donations but can create a lasting impact through legacy gifts. These gifts can take various forms, such as bequests, life insurance policies, or endowments, all of which contribute to the sustainability of our mission and growth.

Types of Legacy Giving

  • Bequests: Bequests are the simplest and most popular form of legacy giving. In their wills, donors specify what they would like to leave to Moray Reach Out, whether it’s a set amount of funds, stocks, artwork, or a percentage of their estate.

 

  • Life Insurance: Donors can name Moray Reach Out as a beneficiary on a life insurance policy. Those who have existing policies they no longer need can also contribute by donating the policy’s accumulated value to our charity..