Leaving a Legacy of Clean Water
Leaving a legacy gift to Water.org benefits you and your loved one through tax benefits and also helps to bring clean water to those most in need around the world. When you leave a legacy gift, you will know that your generosity is helping to ensure a better, healthier life for generations to come. For some individuals – most often children, who are especially vulnerable to water-related disease – your gift may mean life itself.
By becoming a member of the Water.org bequest family, you declare your steadfast commitment to working for a world in which every man, woman and child has clean water to drink.
BequestsBequests are one of the most common (and most simple) ways to leave a legacy gift. Follow are four ways to leave a bequest to Water.org:
- Specific Bequest: Designate the amount of money or specific asset (property, securities, etc.) you wish to donate.
- Percentage Bequest: Designate the percentage of your estate you want distributed to Water.org.
- Residuary Bequest: Instruct that any remaining part of your estate be distributed to Water.org after distributions are made to family, friends, etc.
- Contingent Bequest: Instruct that Water.org receive assets in the event that a beneficiary in your will is no longer living.
Sample bequest language:I give and bequeath the sum of $__________ (or ____% of my estate) to Water.org to be used in support of its general philanthropic purposes.
If you would like to make a charitable bequest, our Federal Tax Exempt Number is 58-2060131.
Gifts of Life InsuranceAnother simple way to leave a legacy of clean water is to name Water.org as a beneficiary of any individual or group life insurance policy. You will get an estate tax deduction for insurance proceeds that go to Water.org upon your death.
Charitable Lead TrustsWith a charitable lead trust, you transfer cash or appreciated property to a trust, which makes payments to Water.org for a period of time after which the assets of the trust are transferred to your beneficiaries. These trusts are particularly useful for managing capital gains and gift taxes for assets that have appreciated in value.
Retirement Plans and Other InvestmentsAn IRA, 401(K), 403(b) or another qualified retirement plan has tax benefits for accumulating assets, but at death they may be subject to income and estate taxes. Without planning, over 60% of the value of your tax-deferred accounts may go to taxes. Gifting these accounts makes use of the full value of the assets. To leave your IRA or other retirement plan to Water.org (either as primary or contingent beneficiary), contact your retirement plan company to request a change in beneficiary designation form.
For more information, please email firstname.lastname@example.org or call +1.816.877.8421.
Please let us know if you have included Water.org in your will, life insurance, or estate plans so that we may thank you for your generous commitment to Water.org and our mission of clean water for all.
The information on our planned giving page is for informational purposes only. As with any decision involving your financial or estate plans, we strongly advise you to seek the advice of your financial advisor for your estate planning.
Thank you for considering leaving a legacy of clean water.