The easiest way to support Second Chance Center for Animals is through an outright gift. This can be in the form of a cash gift, stocks or bonds, a pledge, or a planned gift that generates income. All outright gifts are tax deductible as provided by law. Learn more about planned giving below.
A bequest to Second Chance Center for Animals is a wonderful way to express your love for animals as part of your legacy. Planned giving through a will enables your goals and dreams to continue beyond your lifetime. Without a will, after your death, your property will be distributed by the laws of your state without regard for your personal wishes. Preparing a will secures your right to have your assets passed on according to your own plans.
You can designate your gift for a specific program at Second Chance Center for Animals, such as the Veterinary Clinic or the Animal Shelter, or your gift can be for general support. We realize that your financial and estate plans are private and personal and that a bequest is an important decision. If you decide to include Second Chance Center for Animals when writing or revising your will, the following information is offered for your consideration:
THINGS TO REMEMBER
Spell out the entire name of the organization:
Second Chance Center for Animals, Inc.
Include our permanent address:
11665 N. Highway 89
Flagstaff, Arizona 86004
List our federal tax identification number:
Generally, you can use these words to make a bequest to Second Chance Center for Animals through your will:
If you have a life insurance policy that has served its original purpose and is no longer needed to provide for your family, protect our mortgage, or secure your retirement funds, you can use your policy to help Second Chance Center for Animals. Name Second Chance Center for Animals as a beneficiary and you will be helping to create an enduring agency to continue to save the lives of homeless animals in the future while receiving significant tax benefits for yourself now.
Securities—Stocks, Bonds, and Mutual Funds
These are the most common types of securities in a person’s portfolio. By making a gift of securities to Second Chance Center for Animals, you can claim the full-appreciated value of the securities as a charitable contribution deduction and avoid the capital gains tax.
Charitable Gift Annuity
Your contribution of cash or securities to a charitable gift annuity not only support Second Chance Center for Animals, it provides you or your loved ones with a fixed income payment for life. These payments are based on your age at the time of the gift. There are also tax benefits available through this vehicle of giving.
Any type of real estate can be donated to Second Chance Center for Animals: house, cabin, rental property, land, vacation home, and more. Real estate donations, however, must be readily marketable and without encumbrances or environmental contaminants. You gain significant tax advantages and your charitable contribution deduction is for the fair market value of your property.
Retirement assets include tax-deferred retirement saving accounts, like profit-sharing, Individual Retirement Accounts (IRA), 401(k), 403(b), annuities, Keogh, and pension plans. Gifts from these accounts while you are still living may have withdrawal penalties and may have income tax consequences. However, naming Second Chance Center for Animals as the beneficiary of your retirement assets at your death avoids both income tax and estate tax obligations.
For more information and other ways to set up planned giving options, please contact our Executive Director, Sean Hawkins, at email@example.com.