Planned Giving Opportunities

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How to maximize giving, minimize taxes, and create a living legacy at Helen Woodward Animal Center

Thank you for your interest in remembering Helen Woodward Animal Center in your estate plans.  There is a wide range of giving opportunities available, some of which are outlined below. Please contact Renee Resko, Vice President of Development at reneer@animalcenter.org or 858-756-4117 x347 to discuss your individual needs and goals further or with questions regarding any of these potential giving options.  

Bequests
One of the simplest ways to make a planned gift to Helen Woodward Animal Center is to make a bequest in your will, if you already have a will, your lawyer can usually add a codicil to include the Center. Giving through a bequest lowers your federal estate taxes because the assets donated to the Center are deducted before the estate tax is calculated.

Many friends of the Center who choose to make a bequest also arrange to entrust their pet(s) to the care of the Center after their passing. Please read our Pet Bequest Policy, below, for more information.

Life Insurance
A gift of life insurance is an excellent way to make a sizable contribution that does not tie up current assets, that provides immediate tax savings and that helps ensure the Center’s future. You may make the Center owner and beneficiary of a life insurance policy that you no longer need. If the policy is fully paid up, your deduction equals the cost or replacement value of a new policy with comparable benefits. You may also take out a new policy that names the Center as beneficiary. The premiums you pay are tax-deductible, and in time, the value of the policy will far exceed your net contributions.

Read a Life Insurance Gift Case Study

Charitable Gift Annuity
A charitable gift annuity can provide the mature donor with lifetime payments while generating a tax deduction and allowing remaining assets to be used to support the Center.

Read Examples of Charitable Gift Annuity Donations

Charitable Remainder Trust
A charitable remainder trust gives you the flexibility to design a trust to meet your individual financial goals. One type of trust provides a set fixed payment, while another type provides a fluctuating annual payment based on a percentage of the trust’s value each year.

Read an example of a charitable remainder trust gift

Appreciated Securities
A popular alternative to a cash gift is a gift of appreciated securities. Such gifts generate a double tax benefit. In addition to receiving an income tax charitable deduction for the full market value of the property, the donor escapes any potential tax on the capital gain element in the gift property. In order to qualify for this double tax benefit, the property must have been held for more than one year.

We are able to offer many of these giving opportunities thanks to our partnership with Futr Family Management


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