Provide a future gift to the FFROA by including a provision in your will or trust. Bequests offer you continued control of your assets during your lifetime and may provide tax benefits to your estates and heirs.

Creating a will or trust is an opportunity to help people and organizations that mean the most to you while potentially reducing the tax burden on your heirs. A will provides for your financial security today while leaving a legacy by directing financial assistance to those people and organizations that are special to you.

If you die without a will, your property will be taxed and distributed according to the rules and formulas of your state’s laws.

To create a will, meet with an attorney to discuss how to distribute property to those you choose in a tax-efficient manner. If you already have a will, review it every year to make sure life events like marriages, births, deaths, or personal circumstances don’t require amendments to reflect your situation today.

You can gift life insurance to FFROA in two ways:

• Transfer ownership of the policy to the FFROA either paid-in-full or as you make premium payments. The transfer is a present donation, and a charitable deduction may be taken.
• Designate the FFROA as a beneficiary of the policy.

How to make a Beneficiary Designation
Contact your insurance agent and ask how to arrange the transfer of policy ownership or request a new beneficiary form. Complete the form, sign, and return as directed.

There are two approaches to use a Life Insurance Policy in your Planned Giving:

1. 1. You can transfer ownership of the policy to the Foundation For The Restoration of America either paid-in-full or as you continue making premium payments by way of donations to FFROA.
   2. You can designate FFROA as a beneficiary of the life insurance policy or add FFROA in addition to an existing beneficiary.

Benefits of gifting life insurance

1. 1. If transferring ownership, the transfer is a present donation, and a charitable deduction may be taken. If applicable, each of your continued premium payments is considered a charitable contribution deductible to the full extent of the law.
   2. You can continue to use financial accounts. Even after designating a beneficiary, you may use your account and take distributions or withdrawals as needed.

Either approach provides financial support to the causes you care about and should reduce the tax impact on your estate. Each is simple to arrange and, if naming an organization as a beneficiary, you can change your designations as often as needed.

Provide for a future gift by naming the FFROA as a beneficiary of your financial accounts or retirement funds. You continue to use the account while potentially lowering estate taxes.

• • Even after designating a beneficiary, you can continue to use your account and take distributions or withdrawals as needed.
  • It provides financial support to the causes you care about.
  • It is an easy and affordable method to support FFROA and it avoids expensive legal fees.
  • It should reduce the tax impact on your estate.
  • You may change your designations as often as needed.

Types of Accounts That Can Be Transferred to a Beneficiary

Annuities/Life Insurance, Checking Accounts, Savings Accounts, CDs, Financial Accounts IRAs and Qualified Retirement Funds

How it works*

Contact your financial advisor, banker, or financial institution directly and request a new beneficiary form. Complete the form, sign it, and return it as directed. Upon your death, your account or proceeds will be distributed to your designated beneficiaries.

IRA Charitable Rollover Gifts

Benefits of IRA Charitable Rollover Gifts:

• • If you are age 70½ or older, you may be able to lower your income and taxes on your IRA withdrawals by transferring an amount to FFROA.
  • You can avoid taxes on transfers up to $100,000 from your IRA to a charitable organization.
  • Satisfy your required minimum distribution (RMD) for the year.
  •  Make a gift that is not subject to the 50% deduction limits on charitable gifts.
  • Reduce your taxable income.
  • You become a partner with FFROA and help support our mission.

How an IRA Charitable Rollover Works

• • Contact your IRA plan administrator to make a gift from your IRA to FFROA.
  • Your gift of the IRA funds will be directly transferred to help support our mission.
  • Note that IRA charitable rollover gifts do not qualify for a charitable deduction.

Gifts of publicly traded stock or other marketable securities may be an effective way to support charitable causes and avoid donor taxation.

Benefits of Donating Securities

• You avoid capital gains taxes that would be due upon the sale of the securities if the securities have appreciated in value since they were purchased.
• You may also receive a charitable income tax deduction usually equivalent to the fair market value of the securities under IRS guidelines.
• You become a partner with FFROA and help support our mission.

How it Works

FFROA receives the securities directly through your brokerage account by electronic transfer or certified mail. The securities are typically sold immediately and the proceeds are applied to the cause most in need, unless directed otherwise by the donor. Contact your tax advisor for current rules involved in valuing your gift.

Many businesses match employee donations to charitable organizations. If your employer has a matching gift program, you may be able to double your gift to FFROA! Contact your employer’s HR department to inquire about matching gifts. Then, contact us at 844-927-3786 or plannedgiving@ffroa.com to get started.