Legacy
Giving
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What legacy will you leave? Change the lives of military families for generations to come with planned giving options.
GIFTS IN WILLS AND LIVING TRUSTS
DONOR ADVISED FUNDS
GIFTS OF APPRECIATED SECURITIES
LIFE INSURANCE AND OTHER BENEFICIARY DESIGNATIONS
GIFTS OF REAL ESTATE
Gifts in Wills and Living Trusts
Through bequests and estate gifts, you can help Project Sanctuary build a solid foundation for years to come. Your investment in the future of Project Sanctuary will help ensure our programs remain vital and can serve our future generations.
Project Sanctuary can be named as a beneficiary in your will in a number of ways. For example, an outright gift, either a designated dollar amount or percentage of your estate, could be specified. You can also add Project Sanctuary to your will through an amendment, so your entire will does not have to be redrafted.
Benefits of making a bequest
- Leave a lasting legacy to be remembered by
- Lessen the burden of taxes on your family
- May receive estate tax savings
Please contact Carrie Bair-Norwood for more information.
Donor Advised Funds
A Donor advised fund, or DAF, is a giving vehicle established at a public charity or financial institution. It allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time. Donors can contribute to the fund as frequently as they’d like and then recommend grants to their favorite charities over time.
Please contact Carrie Bair-Norwood for more information.
Gifts of Appreciated Securities
Making a gift of stock is a simple and powerful way to support the lifechanging work of Project Sanctuary. It also offers you a number of financial benefits:
- You can easily donate appreciated stocks, bonds, or mutual funds
- The total value of the stock upon transfer is tax-deductible
- There is no obligation to pay any capital gains taxes on the appreciation
Please contact Carrie Bair-Norwood for more information.
Life Insurance and Other Beneficiary Designations
Life insurance can be used to make a charitable gift to Project Sanctuary, enabling you to make a substantial legacy gift for a relatively modest cash outlay.
There are two ways to use life insurance: you can purchase a new life insurance policy and name Project Sanctuary as the beneficiary or you can transfer an existing policy and name Project Sanctuary as the policy’s beneficiary. At the end of your life, the insurance policy benefits are paid to Project Sanctuary.
Benefits to this type of gift include receiving an income tax deduction for the cash value of the policy, possibility of receiving a tax deduction for annual premium payments, and having the ability to make a more significant gift than you thought possible.
Please contact Carrie Bair-Norwood for more information.
Gifts of Real Estate
By giving property to Project Sanctuary, you can avoid or reduce the capital gains tax you would otherwise pay on sale, you may be able to take a substantial income tax deduction, you may choose to receive income for life, and you will have the satisfaction of providing significant support to military and veteran families.
There are several ways you can donate real estate. Each method presents distinct advantages, depending on your circumstances and goals.
Please contact Carrie Bair-Norwood for more information.
