Making a bequest to Children’s Beach House, a gift in your will or living trust, ensures future funding for programs that improve the lives of children, families, and communities. Charitable bequests are revocable, flexible, and can provide estate tax advantages.
IRA Charitable Rollover
Donors 70.5 and older are eligible to make a tax-free gift to Children’s Beach House directly from their IRA called a Qualified Charitable Distribution (QCD). These gifts are tax-free and if you must take a Required Minimum Distribution, QCDs are one way to reduce the tax liability.
By giving from your donor-advised fund, you may recommend how much and how often you want to give to Children’s Beach House.
Designate part or all of your IRA and other retirement or bank accounts, or life insurance policies to Children’s Beach House and make a meaningful gift toward helping all children reach their highest potential. For beneficiary designations please use the legal name Children’s Beach House and our federal tax ID #: 51-0070966.
Strategic Gift Assets
Using non-cash assets to make a charitable gift may allow you to give more than if you gave cash. Appreciated assets — such as stocks, bonds, real estate, and retirement assets — when sold, incur capital gains tax; when donated, the donor takes on income tax charitable deduction for the full fair market value.
Please consult with your legal, tax, and/or financial advisor if you are thinking about making a planned gift to Children’s Beach House. They can give you specific advice about tax advantages and the most beneficial form and timing of planned giving for you.
If you’d like to discuss a bequest or any other form of planned gift, please contact Children’s Beach House Vice President of Advancement and Finance Patrice Tosi at 302-645-9184 or email@example.com