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.

GOLF TOURNAMENT

Mon, June 19, 2017 - info

GE 5K ROAD RACE

Sun, tba, 2017 - info
Sat, tba, 2017 - Pasta Dinner (5-8 p.m.)

RIDE FOR JUSTICE

Sun, tba, 2017 - info

MICHAELA’S GARDEN PROJECT

more info

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HEADLINES

Mar 23 - Save the date, June 10th - Plainville Wings & Wheels
Mar 21 - Announcement: The 2017 Hayley Petit Cup will take place on Wednesday afternoon, April 12, at the Miss Porter's School boathouse.
Mar 19 - SAVE THE DATE - PFF Golf Tournament
Mar 9 - Jane Doe No More Celebrates 10 Years with Gala and Awards
Mar 1 - The Garrett Snider Initiative
Feb 4 - Petit Family Foundation, Rotary donate $1,500 toward Gold Star Family monument
Feb 2 - Dynamic Tech Savvy Conference for 6th- to 9th-Grade Girls Returns to Trinity March 4
Jan 28 - 3 Dance Studios Showcase
Dec 28 - Plainville sees new leaders, environmental challenges
Dec 20 - Plainville declared state finalist in contest
Dec 4 - SCENE @ CCSU: Children can ‘Tech It Out’ with CCSU summer programs
Dec 1 - Copper Beech Institute offers retreat scholarships for artistsCop
Nov 30 - The REACH Foundation's Annual Shop With A Cop Returns Shop With A Cop
Nov 23 - Five Questions With Rick Healey on Real Estate Law, Jail Overcrowding
Nov 12 Cheshire neighborhoods to illuminate for Lights of Hope Saturday
Nov 12 Lights of Hope brightens the night
Oct 20 - Photo—CMHA Annual Meeting
Oct 7 - Video—Riverfront Adventure Violence Prevention Program
Sep 25 - Photos--Ride for Justice by Mark Maglio
Aug 29 - Petit Family Foundation grants $15K to Community Mental Health Affiliates

The latest photos & videos are here

RECENT GRANTS

Jane Doe No More
Women & Families Center
Central Connecticut State University Foundation
Community Mental Health Affiliates, Inc.(CMHA)
Northern Connecticut Black Nurses Association(NCBNA)
Charlotte Hungerford Hospital Center for Youth and Families
Girls Inc. of Holyoke
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