Benefits of Planned Giving
Including the National Forest Foundation in your estate plan is a simple way to make a lasting gift to the waters, wildlife habitats and wild places treasured by you and your loved ones, and can have profound financial benefits for you as well.
A planned gift can help you to:
- Fulfill your philanthropic goals.
- Reduce income taxes through a charitable deduction for a future gift.
- Avoid capital gains tax on gifts of long-term appreciated property.
Types of Planned Gifts
There are many recognized planned gift methods that can be customized to your own and your family’s needs. The options include:
Cash: This simplest asset to donate can be made by check, money order, credit card or wire transfer.
Securities: Donate appreciated stocks, bonds or mutual funds—a quick and simple way to receive significant tax benefits.
Land and Other Personal Property: By making a gift of land or other tangible personal property, you could avoid or reduce capital gains tax and receive a charitable deduction.
Business Interests or Partnership Gifts: By giving a gift of shares in a closely held corporation or an investment partnership, you may receive gift credit and an immediate income tax deduction for the appraised value of the business interests, net any other liabilities that may pertain to it.
One of the simplest ways to make a gift to the National Forest Foundation is through your will or living trust. There are several types of bequests:
- Specific Bequest: You can name the National Forest Foundation as the direct beneficiary of a stated amount of money, property, securities, or even proceeds from your retirement plan.
- Residuary Bequest: You can designate that the National Forest Foundation receive all or a portion of the remainder of your estate once all specific bequests to others have been met.
- Contingent Bequest: You can provide for a contingent beneficiary to receive assets in case your named individual beneficiaries do not survive you.
Your attorney or tax advisor can help you determine potential tax advantages of a bequest.
If you leave your gift to the NFF unrestricted, it allows it to be used for our highest conservation priorities.
Your gifts to the National Forest Foundation should be titled as follows:
The National Forest Foundation, a nonprofit 501(c)(3) organization and existing under the laws of the State of Montana, with principal business address of Fort Missoula Road, Building 27 Suite 3, Missoula, Montana 59804
NFF Tax ID: 52-1786332
Date of Incorporation: July 13, 1993
We recommend that you discuss your plans with your attorney or financial advisor to best advise you in light of your individual circumstances.
Please contact us if you have named the National Forest Foundation in a planned gift.
Contact: 406-542-2805 or firstname.lastname@example.org