Presentation Transcript

1. Planned Giving

2. AFSP’s Lifesaver’s Society Our Lifesavers Society allows you to leave AFSP a planned gift. Planned giving ensures that your donation goes to something meaningful to you: continuing AFSP's work to prevent suicide. A planned gift balances your desire to support AFSP with your overall financial, tax, and estate planning goals. Planned giving may also allow you to make a larger gift than you ever thought was possible.
3. Planned Giving Options Make an unrestricted bequest Donate your life insurance proceeds Gift securities held in your name Donate proceeds from a retirement plan Create a Charitable Lead Trust Create a Charitable Remainder Trust Gift title to real estate you own Customized Option
4. Unrestricted Bequest The simplest way to remember AFSP is through an unrestricted bequest. Suggested wording: "I give (_______ dollars) (a specific asset) or (___percent of the rest, residue, and remainder of my estate) to the American Foundation for Suicide Prevention, the charitable, tax-exempt organization located at 120 Wall Street, New York, NY, for its general purposes."
5. Life Insurance Proceeds AFSP can be the primary contingent beneficiary of a life insurance plan. Naming AFSP as the sole owner and beneficiary of a paid in full life insurance policy may create an immediate charitable income tax donation. You can also change the designation of the charitable beneficiary if you or your family’s circumstances change.
6. Gifts of Securities Gifts of appreciate stocks, bonds or mutual funds held for more than one year receive a charitable income tax deduction equal to the fair market value of the property on the date of donation. This offers an important tax advantage as the property escapes the capital gains taxes. AFSP has an easy and established process for this type of donation
7. Charitable Lead Trust Make annual payments to AFSP for your lifetime or for a specified term of years. At the end of the term, the remaining assets of the trust return to the donor or are distributed to designated family members of the donor. The annual payment to AFSP may be structured as a fixed annuity payment or as a unitrust payment. Charitable Lead Trusts may be structured to provide the donor with an immediate income tax deduction or an estate/ gift tax deduction.
8. Charitable Remainder Trust A donation is made to AFSP and a trust is set up The trust is designed to make annual payments to the donor or the donor’s family members for life or a specified number of years. At the end of the term, the remaining assets of the trust are disturbed to AFSP. payment. A Charitable Remainder Trust donor receives an immediate income tax deduction equal to the value of the remainder interest passing to AFSP.
9. Donation of Real Estate You receive an income tax deduction equal to the appraised fair market value of the property, with no capital gains tax due on the transfer to us. You remove a large taxable asset from your estate. You can take advantage of a variety of gift formats available for a donation of real estate, each offering unique planning benefits. For all gifts of real estate worth more than $5,000, fair market value will be determined by an independent appraisal that you will obtain.
10. Donation of Retirement Plan You can name AFSP the successor beneficiary of all or a portion of your IRA, 401(k), or other retirement accounts. Reasons you may want to consider this type of donation: Distributions from retirement accounts to surviving family members can be subject to both income and estate tax. Directing the balance of a retirement plan to charity removes the most-taxed asset from your estate, freeing up other, more favorably taxed assets to give to family and heirs. You have the reassurance that you can continue to take withdrawals from your plan during lifetime, and that you can change the designation of the charitable beneficiary if you or your family’s circumstances change.
11. Customized Planned Giving AFSP understands that no two donors are the same. We have the flexibility and capacity to customize any type of planned gift you would like to make that works for you and your family.
12. What better way to thank the people or organizations that have had an impact on your life or that carry out a mission you wholeheartedly support, than to make a contribution from your estate?
13. For more information on planned giving, contact your local Chapter or AFSP’s Director of Individual Giving: Laura Collins 212-363-3500 x2020 Lcollins@afsp.org