CA SCR94

Declares October 1, 2012, as California Plan Your Giving Day to recognize and support the importance of gift planning.

Acknowledges that gift planning enables donors to identify assets for charitable donation and establish plans for future giving.

Recognizes gift planning as a source of endowment funding for long-term charitable purposes and allows donors to combine financial goals with charitable giving.

Notes that gift planning through testamentary arrangements provides estate tax savings and allows donors to create charitable gift annuities with lifetime income benefits.

Affirms that gift planning strengthens charitable organizations by building emergency funds and supporting the philanthropic mission of nonprofits.