Since 1937, generous sponsors and donors have improved the lives of hundreds of thousands of children, their families, and communities through gifts to Plan International USA. Many have chosen to make their gifts by utilizing a planned gift either during their lifetime or at the end of their lives.
Have you already included Plan in your estate plans? Please take a moment to let us know! We would love to discuss your intentions for your gift. With a little advance notice we can ensure your gift is directed according to your wishes.
A planned gift is a wonderful way to make a lasting impact on the lives of the children and communities Plan serves. Through the use of a planned gift you can:
- Increase your charitable impact
- Increase the inheritance received by your heirs
- Increase your current income
- Decrease the amount you pay in taxes each year
Here are some examples of planned gift options that may work for you:
A bequest is a gift that is directed by your will or trust. It can be expressed as a specific dollar amount or as a percentage of your total estate. Our gift planning professionals at Plan would be happy to work with you or your legal counsel to ensure your bequest is structured according to your wishes.
If you are planning to include Plan International USA in your estate plans, please provide this identification information to your legal counsel:
Legal Name: Plan International USA, Inc.
Address: 155 Plan Way, Warwick RI 02886
Federal Tax ID No: 13-566-1832
Telephone No: 1-800-556-7918
Fax No: 401-732-0625
Contact: Leslie Haley
Through this simple yet powerful program, your sponsorship support of a child and family can continue forever.
With a minimum gift of $10,000, you can provide sponsorship for one child and family at a time, in perpetuity. Your gift will be invested in our Plan International USA Endowment Fund, and the earnings will be used to pay for your annual sponsorship for one child, as well as future replacement children, forever. One additional child will be added to your endowed sponsorship for every increment of $10,000 that is contributed.
When your current sponsored child graduates, a new child will be selected for sponsorship according to your instructions. The Endowed Sponsorship can be in your name, or can be in honor or in memory of a loved one. If you wish, your family can carry on the relationship with future sponsored children.
For more information on establishing a Plan Endowed Sponsorship, please contact us.
Retirement plans can be a significant portion of your net worth, and because of the tax treatment of these assets they can also be an excellent option to fulfill your charitable goals. By naming Plan as the beneficiary of your retirement account, you can decrease the amount your heirs pay in taxes and preserve more of your estate. You may also experience tax benefits by making a gift from your retirement account during your lifetime.
As you work with your financial advisor to make a gift from your retirement account, do not hesitate to contact our planned giving professionals. We are here to assist you with the process.
A gift of appreciated securities is an excellent way to maximize your charitable dollars. You may take a tax deduction for the stock’s market value even though the cost basis may be much less. In making a stock gift to Plan, you may avoid capital gains tax if you have owned the securities for more than one year.
Are you interested in making a gift of appreciated securities? Please contact our office at 1-800-556-7918 so we can assist you and your broker with this process. Please ensure that your broker notifies us of your gift before it is sent so we will be able to provide proper credit and receipts for tax purposes.
Naming Plan as a beneficiary of your life insurance policy is a simple way to make a big impact — you simply need to call your insurance company and ask for a Beneficiary Designation Form.
Or, you may choose to make an irrevocable gift of the policy today by transferring ownership to Plan. Doing so may provide immediate tax savings to you in the form of a charitable income tax deduction based on the policy’s value. Plan will redeem the policy for its cash value. The proceeds will then be used to support our programs according to your wishes.
A charitable gift annuity is an agreement between a donor and Plan, through which Plan agrees to pay a fixed payment to you for the rest of your life in exchange for a donation of cash or appreciated securities. You may claim a charitable tax deduction for your gift, a portion of the payments may be tax-free, and you can determine the payment schedule that best meets your needs. Contributing long-term capital gain property to a charitable gift annuity may create even more tax benefits.
The gift planning professionals at Plan are available to discuss options for charitable gift annuities. Please contact us for a no-obligation personalized gift illustration!
You may also choose to make a charitable gift through either a Charitable Remainder Trust or a Charitable Lead Trust. When you contribute to a Charitable Remainder Trust you can name one or more individuals who will receive payments from the trust over a number of years. The payments from the trust are a predetermined percentage of the trust assets each year, and those payments may vary based on the investment return on the trust account. When those payments cease, the trust will distribute the remaining assets to Plan.
Establishing a Charitable Remainder Trust may entitle you to an income tax deduction in the year you contribute assets to the trust.
The Charitable Lead Trust provides a gift of an income interest to Plan for specified term. The trust principal reverts to the donor or other designated heirs at the end of the trust term. The donor may claim a charitable income tax deduction or a charitable gift tax deduction, depending on the nature of the trust.
Call us toll-free at 1-877-906-3567 or send us an email to speak with a member of our Planned Giving team.