Some Examples of Planned Gifts to ABC

Create a personal legacy through your will
The will is one of the most popular vehicles for making a gift through one’s estate.  The easiest way to include ABC in your will is through such simple wording as:  “I hereby bequeath to American Bird Conservancy, a not-for-profit organization, with principal offices located at 4249 Loudon Avenue, P.O. Box 249, The Plains, VA 20198, the sum of $_______ (or percentage of estate) for its bird conservation efforts in the Americas.  ABC’s tax identification number is 52-1501259.”  Alternatively, you might wish to provide a gift from the “residue” or “remainder” of your estate after providing for your loved ones.

 

Make ABC a beneficiary of your IRA or other retirement plan
You can name ABC as the beneficiary of your IRA, 401(k) or other qualified retirement plan.  This lets you remain in control of the process:  you can continue to take withdrawals during your lifetime and change your beneficiary.  After your lifetime, the residue of your plan passes to ABC tax-free and your estate can generally receive a charitable estate tax deduction as well.

 

Give a gift of Life Insurance
You can provide now for a future gift to American Bird Conservancy by naming ABC as a beneficiary of your life insurance policy.  At the time of death, the proceeds are paid to ABC.  You can make a significant gift from income instead of capital and ensure the protection of declining birds into the future.

 

Charitable Lead Trust
You can contribute securities or other appreciating assets to a charitable lead trust.  The trust makes annual payments to ABC for a specified period of time.  When the trust terminates, the remaining principal returns to you or is paid to your heirs.  Setting up a charitable lead trust lets you set aside assets for your heirs while reducing eventual estate taxes.  In the meantime, the trust generates a current income stream for ABC and bird conservation.

 

Charitable Remainder Trust
You can transfer cash, securities, or other appreciated property into a trust.  Each year the trust pays a percentage of its value to you or to the beneficiaries you name.  After the death of the last beneficiary, the remainder of the trust will pass to ABC to support bird conservation for future generations.  You typically will receive an immediate income tax deduction for a portion of your contribution to the trust; the trust pays no capital gains tax when it sell the assets you have contributed; and you or your designated beneficiaries receive income for life or a term of years.

 

Information on this page is not intended to be financial or legal advice. Please consult your attorney or financial advisor to discuss your plans.