Planned Giving

Planned Giving is concerned with a gift other than outright cash and involves helping the donor make a gift in a manner that will be beneficial to the donor as well as to the charity such as the PETIT FAMILY FOUNDATION. These gifts can provide immediate funds for the PETIT FAMILY FOUNDATION’s charitable purposes, or the financial benefit may be deferred into the future. From the donor’s perspective, a planned gift can maximize benefits to the donor and his or her family by conserving assets and sometimes by using assets in creative ways. In addition, planned gifts may increase lifetime income and often provide substantial savings in income, gift, and estate taxes. Donors should consult a financial planner, an attorney, and insurance agent or accountant when considering a planned gift.

Some Examples of Planned Giving:

Life Insurance:
Life insurance is perhaps the simplest gift someone can make including designating a portion or percentage of their benefits to a charity such as the PETIT FAMILY FOUNDATION. This can be an existing insurance policy or purchasing a new policy and naming the PETIT FAMILY FOUNDATION as the beneficiary.

Bequests:
A bequest is the process of leaving a gift in your will to the PETIT FAMILY FOUNDATION and can be a specific dollar amount or a percentage of your assets, which can include stocks, bonds, CDs,  real estate, vehicles, art, jewelry, and other personal property. This is also a way of honoring a loved one through a memorial gift to the Foundation.

Charitable Trusts:
A charitable trust is simply a trust with a charity named as beneficiary. There are various types of trusts including charitable remainder trust which has two variants, charitable remainder annuity trust (CRAT) which provides a guaranteed annual income, and charitable remainder unitrust (CRUT) which pays an amount based on what the assets in the trust are worth. Another trust is the charitable lead trust which can provide an income stream to the PETIT FAMILY FOUNDATION annually and the remainder reverts to the donor or to another person.

There are many ways of giving and one should consult their attorney, insurance agent, financial planner or accountant as personal needs and wishes can be tailored to individual circumstances. Giving to any charity about which you care can be a fulfilling gesture and can continue the charity’s mission which will make a difference in our community.

STEM GALA WITH THE SPACE FOUNDATION

Sat, October 27, 2018 - info soon

RIDE FOR JUSTICE

Sun, tba, 2018 - info

GOLF TOURNAMENT

Mon, tba, 2019 - info

CHIPS FAMILY 5K ROAD RACE

Sun, tba, 2019 - info

MICHAELA’S GARDEN PROJECT

more info

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HEADLINES

Aug 15 - Cheshire trail crossing project to include gardens thanks to volunteer group
Aug 10 - SAVE THE DATE - Sept 22, 2018 - Petit Family Foundation Harvest Day
July 23 - OUR VIEW: Foundation empowers women of the future
July 23 - Pancakes help ‘fuel’ annual Petit foundation road race in Plainville
July 22 - Racing for a reason: Road race supporting Petit Foundation draws hundreds
July 18 - Wings & Wheels delivers $21,000 for Petit Family Foundation and Plainville Food Pantry
July 18 - Chip's 5K to benefit Petit foundation kicks off Sunday
Petit Road Race coming up quickly
July 2 - 11th Annual Chip’s Family Restaurant 5k Road Race kicks off July 22
June 24 - Organizers already preparing for Petit Foundation 5K
June 22 - Speakers Inspire Audience at Regional Conference on Necrotizing Enterocolitis
June 16 - Petit Road Race planned for next month
June 15 - Petit Road Race soon to be off and running
June 13 - Petit Family Foundation Golf Tournament Set for Monday June 18
June 13 - Petit Family Foundation honors four area students for volunteer work May 30 - Beardsley Zoo receives $10,000 grant
May 30 - 3 Cares proudly sponsors 7th Annual Plainville Wings & Wheels Fly-in and Car Show
May 27 - Petit urges Cheshire Academy graduates to be kind, hopeful and persevering
May 26 - Cheshire Academy Graduation Kicks Off This Morning
May 22 - Petit Family Foundation and Space Foundation to Host Free Girls STEM Experience in Hartford, Connecticut
May 15 - New outdoor classroom unveiled at Shelton’s Perry Hill School
May 11 - New section of Cheshire trail expected to be completed this fall
May 7 - Photos from the 2018 Hayley Petit Cup Regatta

The latest photos & videos are here

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