Planned Giving

Include a provision in your will or living trust specifying the amount or percentage of your estate that will to go to the Susie Spector Foundation. A charitable bequest or trust distribution is deductible for federal estate tax purposes. The gift may also be exempt from state inheritance taxes. Speak to your estate planning advisor about how to include the Susie Spector Foundation in your will or trust. Your legacy will insure that the Susie Spector Foundation can continue educating and advocating on behalf of animals.

Insurance allows you to make a much larger gift to charity than you might otherwise be able to afford. The cost to you (your premiums) is relatively small, yet the amount the charity will receive (the death benefit) can be quite substantial. Name the Susie Spector Foundation as a beneficiary in your current life insurance policy, donate your paid-up policy directly to the Susie Spector Foundation, and/or open a new policy, naming the Susie Spector Foundation as the beneficiary.

Retirement funds grow, tax-free, until the time of withdrawal. Many taxes on these assets can be avoided or reduced through a carefully planned charitable gift. With assistance from your financial planner or tax adviser, you will be able to contribute generously to the Susie Spector Foundation, as well as provide for your loved ones.

For eligible tax years, donors age 70 ½ or over can exclude up to $100,000 from gross income for donations paid directly to a qualified charity from their IRA. For more information speak to your tax professional.