Honoring our Past, Securing our Future
Many loyal supporters have generously contributed to Rawhide’s success throughout their lifetimes. But it doesn’t have to stop there! Making a planned gift is a wonderful way to support Rawhide’s mission…and help ensure that our important work with at-risk youth and families will continue for generations to come.
A full array of charitable giving options are available for consideration when you make a planned gift to Rawhide, including: bequests; beneficiary designations for qualified retirement plan assets such as IRA, 401(K), or life insurance policies; charitable remainder trusts; donor advised funds, and charitable gift annuities. Gifts may be designated for a specific purpose or offer broad support.
Join The #15 League
The #15 League, named in honor of Green Bay Packer legend Bart Starr and his wife Cherry, recognizes and thanks the special group of Rawhide supporters who have named Rawhide as a beneficiary of a legacy gift. By completing our Confidential Gift Notification Form and returning it to us, you will become part of the #15 League and receive the following benefits:
- Opportunity to meet Rawhide youth
- Recognition in Rawhide publications and website (if desired)
- Recognition on your birthday
- Invitation to annual #15 League dinner
- Invitation to other Rawhide special events
- Reports on Rawhide activities and long-range plans
- #15 League lapel pin
Types of Planned Gifts
Choosing the right planned gift depends on your personal circumstances and financial goals. Your attorney or financial advisor can help you coordinate a planned gift to Rawhide. We also would be happy to explain the many gift opportunities which can help you achieve your goals while helping to sustain Rawhide’s mission.
Bequest
A charitable bequest is a provision in your will or estate plan that allocates all or part of your estate to Rawhide. The amount left to Rawhide can be expressed as a dollar amount or as a percentage of the assets to be given. Charitable bequests are popular because they offer flexibility and allow you to minimize death taxes and other costs, resulting in more assets for your heirs.Bequest Language: The official bequest language for Rawhide is: “I <Name> of <City, State, Zip>give and bequeath to Rawhide, Inc. <$________or %_________ of my estate>, to be utilized for <general use or name restricted purpose>.
Retirement Assets
Consider making Rawhide your named beneficiary from retirement plan assets such as an IRA, 401K, 403(b) or other defined contribution plans. Gifting a retirement plan account or benefit will cause no income tax to be paid on the funds in the account.
Life Insurance
Life insurance policies can provide several options for making a meaningful and substantial charitable gift to Rawhide:
- You may name Rawhide as the beneficiary, or partial beneficiary of a life insurance policy. There is no income tax benefit with this option but there may be an estate tax benefit.
- You may name Rawhide as owner of an existing life insurance policy that is no longer needed. Tax deductions may be equal to the policy’s replacement value.
- You may purchase a new policy and name Rawhide as owner AND beneficiary. The premiums you pay are fully tax deductible. At death, Rawhide receives the insurance proceeds.
Charitable Gift Annuity
A Charitable Gift Annuity (CGA) is an arrangement whereby you transfer cash or other assets (appreciated stock) to Rawhide in exchange for a commitment by Rawhide to pay a fixed amount to you and/or another beneficiary for life. At the death of the beneficiary, the remaining balance transfers to Rawhide.
Charitable Trusts
Charitable Trusts are a category of planned gifts that provide a variety of benefits to donors and Rawhide. The common factor is that they are legally established as trusts, which are financial tools to hold and administer funds for the benefit of a person or organization. Some of the most common Charitable Trust vehicles include:
- Charitable Remainder Trusts (CRTs) are a life income gift: You transfer either cash or other assets (appreciated stock) into a remainder trust, which is irrevocable. You will receive a charitable deduction for a portion of the transfer, and you or a beneficiary will receive a fixed amount for the rest of your life or a set term of years, as a fixed percentage of the trust’s value, which can fluctuate. Upon the death of the beneficiary, the remaining assets are transferred to Rawhide.
- Charitable Lead Trust
This trust makes an annual payment to Rawhide for your life or a set period of years. At the end of the term, the remaining assets go to you or your heirs.
Donor-Advised Fund
A donor-advised fund (DAF) is a vehicle established at a public charity. Most major investment organizations allow you to create a DAF, as well as most local community foundations.
A donor-advised fund allows you to make a charitable contribution, receive an immediate tax benefit and then recommend grants from the fund over time. An easy way to think about a donor-advised fund is like a charitable savings account: you contribute to the fund as frequently as you like and then recommend grants to Rawhide or other charities when you are ready.
For more information please contact:
Call: Sandy Bush, Planned Giving Manager
Email: sbush@rawhide.org
Office: (920) 531-2590
Cell: (920) 538-2402
Fill out our contact form (Select “Planned Giving” in Subject Menu)