Planned Giving: Amplify Your Impact
Committed to Partners Asia in a big way? Making a planned or bequest gift provides critical resources and support to most vulnerable while receiving substantial financial benefits and tax savings.
The simplest way to make a planned gift is to name to Partners Asia in your will. Gifts large and small help our Partners take action and remain strong. Sample wording can be as simple as:
I bequeath ($ dollar amount or description of property) to Partners Asia (with our tax identification number provided upon request). A financial planner or estate planning attorney can explain more about your options, which may include naming Partners Asia as a beneficiary of your IRA or pension plan, your life insurance policy, or a charitable trust. If you have questions about planned giving to Partners Asia, please contact us.
Bequests provide tremendous tax benefits because they are wholly deductible from an individual’s estate. Bequest intentions may be included at the time of a new will is draw, or added to an existing will through a simple codicil.
Passionate about supporting Partners Asia with our mission even after your lifetime? It’s not only possible, it’s easy to do with a beneficiary designation. A beneficiary designation clearly identifies how specific assets will be distributed after your death. Name Partners Asia as a beneficiary to receive assets such as retirement plans and life insurance policies. Simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give. Not only is it an easy way to give, but it’s also flexible—you aren’t locked into the choices you make today. You can review and adjust beneficiary designations anytime.
IRA Charitable Roll Over
If you are 70½ years old or older, you can take advantage of a simple way to benefit Partners Asia and receive tax benefits in return. You can give up to $100,000 from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money. This law no longer has an expiration date so you are free to make annual gifts to our organization this year and well into the future.
Why Consider This Gift?
Your gift will be put to use today, allowing you to see the difference your donation is making.
You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. If you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.