Planned Giving

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Planned Giving

Planned Giving is the best way to combine your personal financial objectives with your charitable goals. These gifts are made over time, and have several tax benefits that ensure a legacy of social change. A planned gift to FIRE helps to ensure the future of the services and programs we provide and can further your financial planning goals.

Planned gifts include contributions you make through your will, charitable trust, insurance policy, or retirement plan. Please check with an estate attorney for more information.

Include FIRE in your Will:
You can make charitable gifts by naming Flagstaff International Relief Effort, FIRE, as a beneficiary in their wills. The federal government encourages these gifts or bequests by allowing an unlimited estate tax charitable deduction. There are three ways to make a bequest:

• Specific Bequest - You designate a specific dollar amount, specific percentage, or specific property to FIRE.

• Residual Bequest - Your estate will pay all debts, taxes, expenses and specific bequests. The remaining amount—the residue—will be transferred to FIRE.

• Contingent Bequest - You can ask that FIRE receive all or a portion of your estate only under certain circumstances. For example, you can designate FIRE as a beneficiary of your estate only if there are no surviving close family members. Childless couples can provide for the entire estate to go to the surviving spouse, or if the spouse does not survive, to FIRE.

Other ways to give:

• Retirement Plan - by naming FIRE as beneficiary of all, or a portion of, your retirement account assets such as your IRA, 401(k), 403(b), or other qualified plan.

• Insurance Policy - by naming FIRE as first, second, or as contingent beneficiary of a life insurance policy.

• Annuity - To establish a gift annuity, a donor contributes funds or assets to a nonprofit organization and, in return, receives a promise of income for life. This income amount depends on the donor’s age and the annuity type. Amounts also vary as interest rates move up and down. With gift annuities, donors receive a charitable deduction and lifetime income while providing major gifts to the nonprofit.

Finally...
Once you decide you would like to support FIRE’s work, simply provide your attorney with FIRE’s address, and tax ID information. The following language will also be helpful to your lawyer: “I give, devise, and bequeath to FIRE, Flagstaff International Relief Effort, the sum of __________ (or otherwise describe the gift or specify a percentage of the estate).”

If you have named FIRE as a beneficiary of your will, living trust, life insurance, retirement plan or other estate plan, we hope that you will let us know. By doing this, you will help us plan for the future and ensure that your wishes are carried out after your lifetime. We appreciate your support for FIRE. If you have remembered FIRE in your estate plans or would like more information about how to leave a legacy to FIRE please contact us.