Options for Planned Giving
Your gift makes it possible for IPPF/WHR and our Member Associations to provide vital – often life saving – health services and information to vulnerable populations throughout the Americas and the Caribbean. Remembering IPPF/WHR in your will, a trust, or through an annuity is one of the most meaningful gifts you can give to future generations. It can benefit you and your loved ones through tax benefits while helping to improve the lives of millions.
For more information on how you can leave a legacy gift, please read the information below and contact Tracy Malloy-Curtis, Planned Giving Officer, at (212) 214-0260 or firstname.lastname@example.org. Thank you for supporting our work.
A bequest is one of the most common–and simplest–ways to leave a legacy gift to IPPF/WHR.
There are four basic ways to leave a bequest:
1) Specific Bequest: Designate the amount of money or specific asset that you wish to donate (e.g., property, securities).
2) Percentage Bequest: Designate the percentage of your estate you want distributed to IPPF/WHR.
3) Residuary Bequest: Instruct that any remaining part of your estate be distributed to IPPF/WHR after distributions are made to family, friends, and others.
4) Contingent Bequest: Instruct that IPPF/WHR receive assets in the event that a beneficiary of your will is no longer living.
Sample bequest language:
I give and bequeath the sum of $_____ (or ____% of my estate) to International Planned Parenthood Federation/Western Hemisphere Region, Inc. (Tax ID: 13-1845455) to be used in support of its general charitable purposes.
Charitable Gift Annuity
A charitable gift annuity is a simple contract between you and IPPF/WHR that can be created for as little as $5,000. In return for your irrevocable gift, you and/or a loved one will receive fixed lifetime payments. Other potential benefits may include an immediate tax deduction, capital gains distributed over your lifetime, and removal of gift assets from your estate taxes. After the lifetime of the last beneficiary, IPPF/WHR will use the remaining assets for its sexual and reproductive health programs in Latin America and the Caribbean.
A charitable remainder trust provides income to you and/or another person either for life or a stated number of years. The remaining principal passes to IPPF/WHR upon the death of the last income beneficiary. When the trust is created, you receive an immediate income tax deduction for the value of your gift to IPPF/WHR and you avoid estate taxes on the assets transferred. You may also eliminate potential capital gains taxes.
With a charitable lead trust, you transfer cash or appreciated property to a trust, which makes payments to IPPF/WHR for a period of time after which the assets of the trust are transferred to your beneficiaries. These trusts are particularly useful for managing capital gains and gift taxes for assets that have appreciated in value.
Life Insurance Beneficiary
You can name IPPF/WHR as a beneficiary of any individual or group life insurance policy. You will get an estate tax deduction for insurance proceeds that go to IPPF/WHR once you have passed away.
Retirement Plans and Other Investments
An IRA, 401(K), 403(b), or other qualified retirement plan has tax benefits for accumulating assets, but they maybe subject to income and estate taxes. Without planning, over 60% of the value of your tax-deferred accounts may go to taxes. Gifting these accounts makes use of the full value of the assets. To leave your IRA or other retirement plan to IPPF/WHR (either as primary or contingent beneficiary), request a change in beneficiary designation form from your retirement plan company.
If you have included IPPF/WHR in your will, life insurance, or estate plans, please let us know so that we may thank you appropriately for your generous commitment to our vision to create a healthier world. The materials found on our online planned giving pages are for informational purposes only. As with any decision involving your financial or estate plans, we strongly advise you to seek the advice of your financial advisor for your estate planning.