PLANNED GIVING

A Charitable Remainder Trust (CRT) allows you to make a significant charitable gift while receiving income for a set period of time. In a CRT, you transfer assets into the trust, and in return, you or designated beneficiaries receive income from the trust for a specified number of years or for life. After the trust term ends, the remaining assets in the trust are donated to our organization. Since we are a tax-exempt entity, capital gains tax is avoided when appreciated assets are transferred to the trust and when they are sold by the trust. As a result, the full market value of the asset is put to work first for you and ultimately for All About the Animals Foundation. This type of donation offers several benefits - you can receive an immediate charitable tax deduction based on the present value of the foundation's future gift, potentially reduce estate taxes, and diversify your investment portfolio.

Donating a life insurance policy is a unique way to make a lasting gift. In this arrangement, you transfer ownership of the policy to All About the Animals Foundation, and we will become a beneficiary. If the policy has a cash value, you may be able to claim a charitable deduction for that value. Additionally, if you continue to pay premiums, those payments could also be deductible as charitable contributions. By donating a life insurance policy, you can make a larger gift than you might otherwise be able to afford, as life insurance proceeds can provide a significant future benefit to our foundation.

Donating retirement assets, such as funds from an IRA, 401(k) or other qualified plan to our nonprofit organization can be a strategic way to make a charitable contribution while potentially reducing your tax liability. When you donate retirement assets directly to a qualified nonprofit, the distribution is typically not subject to income tax, which can be especially beneficial if the assets have grown in value over time. By designating All About the Animals Foundation as a beneficiary you can potentially avoid these taxes. This can help you avoid the required minimum distributions (RMDs) from retirement accounts while also supporting our foundation's growth.

Bequests involve including our organization in your will or trust, specifying a gift to be made upon distribution. This allows you to make a significant charitable contribution without affecting your current financial situation. A bequest can be a specific amount, a percentage of your estate, or the remainder of your estate after other beneficiaries are provided for. Any assets including cash, securities, real estate and tangible personal property, may be transferred to All About the Animals Foundation through your estate. Donating through a bequest offers several benefits - it can reduce estate taxes, allow you to leave a lasting legacy to a cause you care about, and ensure that your support continues even after you're gone.