Legacy Giving

We recognize the individuals who have made a commitment to Agrace through a legacy gift as members of the Agrace Legacy Circle.

You can make a provision in your will or living trust that directs a portion of your estate to a named beneficiary, such as Agrace. A bequest offers these benefits:

• You make a major gift while preserving these assets during your life.
• You reduce your federal estate taxes.
• You leave a legacy of goodwill to your family and community by designating your gift to Agrace.

Cash, securities, real estate and tangible personal property, such as works of art, may be willed to Agrace through your estate. There are several ways to gift bequests, and there is specific language that needs to accompany these different gifts in your will. You can download our suggested bequest language for details or contact Beth Larson at (608) 327-7139 with your questions.

Make a Qualified Charitable Distribution (QCD)

IRA holders age 70½ and older can make a qualified charitable distribution (QCD) in 2026 of up to $111,000 directly from your IRA to reduce their taxable income. A QCD counts toward your required minimum distribution,* if applicable.

People who are age 70½ and older may elect, as part of their QCD limit, a one-time gift of up to $55,000, adjusted annually for inflation, to a charitable remainder unitrust, a charitable remainder annuity trust or a charitable gift annuity.

Key details of a QCD:

• QCDs are subject to a $111,000 annual limit for 2026 (in total to one or more charities); a couple with separate IRAs can each distribute up to $111,000.
• The gift must be from a traditional or inherited IRA.
• The gift must be given to a qualifying public charity, such as Agrace, and go directly to the charity.  Instruct your IRA trustee or custodian to distribute the funds directly to Agrace.

Name Agrace as your beneficiary: 

Most people who inherit IRAs from someone other than their spouse must take the money and pay taxes on it within 10 years, rather than stretching it over their expected lifetime. To reduce this tax burden, IRA holders may want to consider tax-advantaged charitable giving. If you believe your heirs would struggle with the tax burden of the 10-year IRA withdrawal schedule, consider donating your IRA funds to a favorite charity, such as Agrace, and leaving different assets to your loved ones.

Be sure to talk to your tax and financial advisors about IRA rules and potential advantages of naming Agrace as an IRA beneficiary as you plan to provide for your loved ones. Please contact Beth Larson at (608) 327-7139 with your questions.

Naming Agrace as the beneficiary of your IRA or other retirement account is an easy way to support our mission and take advantage of tax benefits at the same time.

Please contact Beth Larson at (608) 327-7139 with your questions.

A charitable gift annuity (CGA) provides a fixed income—for life—for you and a loved one first, and a donation for your favorite charity later.

• The payout rates are based on your age (see sample rates).
• Rates are designed to provide a fair return and, after your lifetime, ensure that at least 50 percent of the initial principal is left to support Agrace’s care and services—an enduring legacy of your generosity.
• The annuity payments you receive throughout your lifetime are partially income-tax-free, and you receive a tax deduction in the year you set up your annuity.
• People who are age 70½ and older may elect, as part of their qualified charitable distribution (QCD) limit, a one-time gift of up to $55,000 to a charitable gift annuity.

Please contact Beth Larson at (608) 327-7139 with your questions.

With a gift of $100,000 or more, an Endowment Fund or Term Gift Fund can be established in your name (or in the name of your loved one, or anonymously) to provide support for Agrace. Your gift can be restricted for a specific focus fund or established for the general support and needs of Agrace. Endowment funds make it possible for Agrace to offer comprehensive end-of-life care and supportive care now and into the future.

Please contact Beth Larson at (608) 327-7139 with your questions.

A gift of life insurance is a relatively low-cost way to make sizeable donation to the Agrace Foundation. No other kind of gift can magnify your original contribution as much as a gift of life insurance. The annual premiums are deductible, if you itemize. Here are some options if you are considering a gift from your life insurance:

• You can name Agrace as the primary, secondary, remainder or residual beneficiary of an existing policy.
• You can establish a new policy and name Agrace as the irrevocable beneficiary.
• You can donate a policy you no longer need.
• You can use life insurance to replace the value of gifts to Agrace.

Please contact Beth Larson at (608) 327-7139 with your questions.

Significant tax advantages usually accrue to donors making outright gifts of appreciated real estate. Benefits to the donor include a full fair-market value charitable deduction, up to 30 percent of adjusted gross income, with a five-year carry-over provision and no capital gains tax on the property appreciation. Gifts of real estate will be credited at their appraised value at the time the gift is made. Agrace reserves the right to either accept or reject any offer of real estate.

Please contact Beth Larson at (608) 327-7139 with your questions.

Life estate gifts are gifts of a residence, farm or vacation home. The donor will receive a charitable tax contribution at the time of the gift, and the donor retains a life estate in the property (continues to use the property for life). After the lifetime of the donor, Agrace accepts ownership of the property.

Please contact Beth Larson at (608) 327-7139 with your questions.