FOUR WAYS TO GIVE
Bequests are the cornerstone of most estate plans and among the easiest ways for donors to arrange a gift. Donors set up a bequest when they work with their attorneys or legal advisors to draft their wills and without requiring any technical expertise on your part. Your function is to encourage donors to remember you in their plans and importantly answer questions about how a potential bequest might be used.
Individuals with a retirement plan, whether through their employer or their own Individual Retirement Account (IRA) or 401(k)s, 403(b)s and pension plans, can select AJ as a beneficiary of the remaining balance. These gifts are arranged by donors contacting the administrator of their plans.
Financial Service Products
Your donors likely have certificates of deposit or other accounts at a bank or financial institution. Donors can select AJ as the beneficiary of these accounts through a payable-on-death provision. Your charity would only receive the remaining balance of the funds upon the donor’s death.
Life insurance is a wonderful yet often overlooked tool for making a gift. A gift can be set up by a donor, selecting AJ as a beneficiary of all or a portion of the policy’s proceeds. Or, a donor could give you a policy and your charity could either cash it in or hold it until a later date. A donor could even give your charity the policy, make annual gifts equivalent to the premium and let you take over the payments.
Your contribution goes directly to support the efforts of over 150 volunteers. As a registered 501 (C) 3 nonprofit corporation, your contribution is deductible to the full extent of the law. Donations are acknowledged with a letter.