PLANNED GIVING - The Armour Heritage League
Create a legacy for future generations to enjoy. Consider making a gift to IWS through estate planning options.
WILLS AND BEQUESTS . . . You can specify a dollar amount, specific assets, or a specify a percentage of your estate and name the benificiary of your living trust. You may also want to name IWS a contingent beneficiary of a bequest intended for a surviving loved one, in the event the person does not survive you.
GIFT STOCK/MUTUAL FUNDS . . . Gifts of long-term appreciated stock and mutual fund shares are an easy way to make a lasting contribution to IWS. Benefits include:
- Income Tax Savings. . . For securities you have owned for more than one year, you can take an income tax deduction for the full market value, up to 30 percent of your adjusted gross income. The excess can be carried forward for up to 5 years.
- Capital Gain Tax Savings. . . Avoid capital gain taxes you would have incured if you had sold the stock or mutual fund shares.
- Support. . . Provide crucial support to the Infant Welfare Society.
OUTRIGHT GIFTS OF ASSETS AND RETAINED LIFE ESTATES . . . Gifts that may be given outright include long-term, appreciated stock, mutual fund shares and real estate. Both cash and noncash gifts offer certain tax advantages while allowing IWS to use the gift immediately. When real estate is given, the donor may retain a "life estate" and live on the property during his/her lifetime.
- Outright Gifts of Assets . . . Many donors find giving appreciated assets to be a particularly attractive way to make a donation because they are supporting IWS at a lower cost than when making a cash gift.
- Stock or Mutual Fund Shares . . . For securities you have owned more than one year, you will receive an income tax deduction for the full fair-market value and you will completely avoid capital gains taxes.
To learn more about the Armour Heritage League, please contact Denise Taylor, Director of Development - 773-782-5032 - taylord@infantwelfare.org
