Planned Giving | Humane Rescue Alliance
Humane Rescue Alliance

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Planned Giving

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Humane Rescue Alliance

Make a Lasting Impact

Thank you for considering HRA in your estate plans.  HRA accepts many types of gifts, including mandatory IRA distributions, stock, and grants via Donor Advised Funds, as well as bequests and gifts of life insurance.  Simple procedures for each of these types of gifts are outlined below.

If you would like to discuss trusts and other giving vehicles, as well as gifts of real estate, property, or closely held stock, please contact Kim Keller, Chief Development Officer, at [email protected].


Make a Bequest
Gifts of Life Insurance
IRA Mandatory Distribution (ages 70.5+ only)
Pet Care Trust
Other Types of Planned Gifts


 

Make a Bequest

A bequest, or the designation of a specific amount of funds or percentage of the estate through a will, is a common and highly beneficial way to support a charity.  This can be done by using language like that provided below in your will. This is a way to support the work of a valued nonprofit and, depending on the donors assets, can also help reduce estate tax. 

Sample Bequest Language:

Sample #1 – Percentage Bequest
“I give, devise and bequeath to Humane Rescue Alliance (tax identification number 53-0219724), a charitable corporation in Washington, DC, now maintaining its headquarters at 71 Oglethorpe Street NW, Washington, DC 20011, _______% of the rest and residue of my estate.”

Sample #2 – Residuary Bequest
“I give, devise and bequeath to Humane Rescue Alliance (tax identification number 53-0219724), a charitable corporation in Washington, DC, now maintaining its headquarters at 71 Oglethorpe Street NW, Washington, DC 20011, the rest and residue of my estate.”

Sample #3 – Bequest for a specific amount
“I give and bequeath to Humane Rescue Alliance (tax identification number 53-0219724), a charitable corporation in Washington, DC, now maintaining its headquarters at 71 Oglethorpe Street NW, Washington, DC 20011,  the sum of $________________.”

Sample #4 – Contingent Bequest
“In the event that (name or names; i.e., spouse, children, sibling, heirs) shall not survive me, or shall die during the administration of my estate, within ____ days from the date of my death, or as a result of a common disaster, then I give, devise and bequeath those beneficiaries' shares of my estate to Humane Rescue Alliance (tax identification number 53-0219724), a charitable corporation in Washington, DC, now maintaining its headquarters in the District of Columbia at 71 Oglethorpe Street NW.”
 

Gifts of Life Insurance

There are several ways to make a gift of life insurance. The most common is to make HRA the owner and beneficiary of an insurance policy on the donor’s life.  In this case, the donor receives an immediate tax benefit from the gift, and HRA will receive the value of the policy when it matures. If the policy is not paid up, the donor can deduct premiums paid as gifts to the charity.  Please discuss the benefits of specific life insurance options with your financial advisor.  If you would like to make this type of gift, please contact Kim Keller, Chief Development Officer, at [email protected].
 

IRA Mandatory Distribution (ages 70.5+ only)

You may be in a position where you are required to take a specific amount of money from a retirement fund, like an IRA. These funds are taxable, except when they are transferred directly to non-profits as gifts.  In 2018, age-qualified donors will be able to give up to $100,000 tax-free to charities.  To exercise this option, please discuss it with your IRA manager.  Before you make a transfer, please contact Kim Keller, Chief Development Officer, at [email protected].
 

Pet Care Trust

If you plan to designate funds through your estate to support the care of your pet, consider making HRA the beneficiary for any funds that are not needed by your pet during his or her lifetime. That way other animals will benefit.
 

Other Types of Planned Gifts

There are many types of trusts and gifts of assets that can be highly beneficial for donors, their families, and nonprofit organizations. HRA is happy to work with you and your financial advisor to develop the right plan for you. To begin a conversation, please contact Kim Keller, Chief Development Officer, at [email protected].

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