Legacy Giving
LEAVING A LEGACY
We sincerely thank you for considering a legacy gift to support the work of FOSNA!
BASIC OPTIONS
1. Include a Gift in your Will or Trust (see below for sample wording):
You define the gift as a certain dollar amount or as a percentage of your estate.
Advantage: Gifts in a will or trust may be changed at any time.
2. Make a Gift from your 401(k), 403 (b), IRA, Roth IRA, or other Retirement Plan:
You name FOSNA as the primary or secondary beneficiary of the plan.
You designate what percentage of the plan is for FOSNA.
This estate gift may be created without an attorney.
Advantage: A person receiving this money would ultimately pay income taxes on it, but FOSNA would not as the receiving non-profit.
3. Create a Charitable Gift Annuity:
Receive income payments for life after making a gift to FOSNA.
Payments may begin immediately or at a future date.
Income payments are based on the age(s) of the Income recipient(s).
Minimum amount for annuity: $5,000
4. Make a gift through your life insurance.
5. Host a memorial fundraiser:
Contact us for details.
ADVANCED OPTIONS
(These options require discussion with a legal or tax advisor)
1. Charitable remainder trust (including FLIP trusts for real estate)
2. Gift of closely held stock, partnerships, or business interests
SAMPLE WORDING FOR WILL OR TRUST
I give to Friends of Sabeel North American, federal tax ID number 38-3419440, (the sum of $______ or ______ percent of my estate/trust) for the benefit of general purposes (or specify endowment, special uses, or restrictions). This gift shall be administered according to instructions that may be on record with FOSNA.
FOR ADDITIONAL INFORMATION
Questions? Need more information? Contact us at friends@fosna.org.
FOSNA is a 501(c) 3 organization and all contributions are tax-deductible as provided by law.