Planned Giving
Planned giving is a meaningful way to support AWS in a way that works best for you and your financial picture, now and in the future. Make a gift through an investment vehicle or plan a legacy for the future.
Giving for the Future
Bequests & Wills
Leaving a charitable bequest is one of the most common ways to support your favorite non-profits in your estate plans. Bequests can include a set amount of money, a specific asset or a percentage of your estate. Listing Animal Welfare Society as a direct beneficiary of your estate – no matter how big or how small – will make a tremendous impact in the future.
If you already have a will and would like to add a charitable bequest for AWS, contact an attorney or estate planner. These professionals can assist in updating, revising or adding a codicil to your will. Our suggested language for a general bequest:
“I give and bequeath to Animal Welfare Society, a not-for-profit corporation, with its principal offices presently located at Holland Road, Kennebunk, Maine, [the sum of $______________; _____________% of my estate/home/art/vehicle/etc.] to be used for the accomplishment of its mission.”
Retirement or Insurance Beneficiary Designations
Do you have an IRA, 401(k), life-insurance policy, or any other assets not included in your will? If so, these non-probate assets require beneficiaries, which can be individuals or nonprofits. Naming AWS as a beneficiary of one of these assets is another common estate planning option.
Alternatively, contact the carrier of your insurance plan, or reach out to your human resources office to ask to update your beneficiary to AWS. Be sure to indicate Animal Welfare Society’s EIN 23-7018176 to avoid potential confusion with other animal welfare organizations.
Giving for Today
Trusts & Annuities
With investment vehicles such as charitable lead trusts and charitable gift annuities, individuals can provide a charity with income. These vehicles provide the income either now or in the future, depending on the type of trust. Contact your financial advisor to learn more about including AWS in your trust or annuity.
Donor Advised Funds
A donor-advised fund (DAF) is a private fund designated to charity. A third-party organization (such as the Maine Community Foundation or the charitable division of financial services institution) generally adminsters the account,. An individual, couple or family can contribute cash or non-cash assets to their DAF and receive immediate tax benefits. Contact your financial advisor or third-party organization as listed above to learn more.
Stock Donations
We gladly accept most stock and security transfers. Depending on your wishes and/or our current needs and the market, we add the transfer to our current portfolio or sell and use the proceeds. Please contact our development department to begin the initiation of the transfer.
IRA Distributions
Though a qualified retirement plan distribution, also known as a charitable IRA rollover, make a gift directly from an individual retirement account (IRA). The amount of your gift is not included in your gross income for tax purposes. Thus, gifts transferred directly to a charity, such as AWS, from traditional IRA accounts are not taxed. Donors required to take minimum distribution (RMD) for their retirement accounts can direct the distribution directly to charity. For more information, please contact your financial advisor. If we should be expecting a Charitable IRA Rollover gift, please contact our development office.
Questions about planned giving?
For more information, please contact our Development Office via email or telephone at (207) 985-3244 ext. 200.
AWS EIN: 23-7018176
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