Planned Giving
What is a planned gift?
A planned gift
offers our donors simple and flexible options for combining philanthropy
and financial planning. In fact, by making a planned gift to Rowe
Sanctuary you may be able to contribute more to conservation than you
thought possible, while also receiving favorable financial and/or tax
benefits.
What types of gift
plans are offered by Audubon?
Audubon offers several tax-advantaged gift plans including:
- Charitable Remainder
Trusts
- Gift Annuities
- Pooled Income Funds;
and
- Bequests (naming
Rowe Sanctuary in your Will or as the beneficiary to your retirement
account)
Charitable
Remainder Trust
You can donate cash, stocks or debt-free real estate. Gift assets are
invested to earn income which is paid to donors (and spouse) for life.
You get an immediate income tax deduction, and avoid all capital gains
taxes on gifts of stock and real estate. The special feature of the
Charitable Remainder Trust is that the donor selects the payout rate.
(Minimums: no age minimum, $100,000)
Gift Annuities
A gift annuity is a contract in which Audubon agrees to pay you (and
your spouse) guaranteed income for life in exchange for your gift of
cash or stocks. Your income will never change and will be partially
tax-free. Your annuity will be based on your age at the time you make
your gift. The older you are, the higher the income. You will receive an
immediate income tax deduction and avoid some capital gains tax on gifts
of stock. (Minimums: age 70, $10,000)
Deferred Payment
Annuity
A deferred payment annuity is like the charitable gift annuity described
above, except that the start of payments is deferred until a
mutually-agreed upon date in the future (generally 5-10 years). In
exchange for deferring payments, you would receive a higher payout rate
and a larger immediate income tax deduction than you would receive with
an immediate payment annuity. Deferred payment annuities are great for
professionals who have fully funded retirement plans and want to add to
their retirement savings and receive immediate tax savings. (Minimums:
age 55, $10,000)
Pooled Income Fund
If you donate cash or stocks to Audubon’s Pooled Income Fund, your gift
will be invested in a common portfolio (with the other donors to this
fund) to earn income. All the income earned by the Fund is paid to
participants for their lifetimes. The Fund is currently paying about 5%.
Income varies with overall market conditions, so your income may
increase over the years. Donors get an immediate income tax deduction
and avoid all capital gains taxes on gifts of stock. (Minimums: age 50,
$10,000)
Bequests
When you name Audubon in your will, you may indicate that Rowe Sanctuary
be the beneficiary to ensure that your gift benefits Rowe Sanctuary.
The following
language may be helpful to your attorney:
"I bequeath to the National Audubon Society, Inc., a not-for-profit
corporation chartered under the laws of New York State, with its
principal office located at 700 Broadway, New York, NY 10003, the sum of
$________ (or ____% of my residuary estate) to be applied to the
permanent endowment of Rowe Sanctuary."
How can I include
Audubon in my Will?
Audubon urges you to have your will prepared by an attorney who is
knowledgeable in estate planning and who is familiar with the laws of the
state you reside in. If your will is already prepared, you probably will
not have to rewrite the document to include Audubon. Your attorney may be
able to simply add an amendment (called a "codicil").
How can I learn more
about making a Planned Gift to Rowe Sanctuary?
You can receive a personalized illustration from Audubon showing the
income you would earn and the tax savings you would receive by making a
planned gift to Rowe Sanctuary. All information is kept completely
confidential and there is no commitment to give by requesting an
illustration.
To request a personal
illustration please contact:
Wayne Mones
Senior Philanthropy Advisor
225 Varick St., 7th Floor
New York, NY 10014
wsmones@audubon.org
212-979-3033
You can also send a
written request to:
Rowe Sanctuary
Attn: Brad Mellema
44450 Elm Island Rd.
Gibbon, NE
68840
