Got Stock?

This is one of the most popular options! Securities and mutual funds that have increased in value and been held for more than one year are one of the easiest assets to use when making a gift to ISPU. Making a gift of securities or mutual funds to us offers you the chance to support our work while also realizing important benefits for yourself and your family.

When you donate appreciated securities or mutual funds you have held for more than one year to us in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.

When you donate securities to ISPU, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.

Steps for Donors when making Stock/Mutual Fund donations:

Step 1

Inform ISPU of the intended donation.

Step 2

Authorize your current broker to transfer the stock and provide them with the following information:

• • • Name of the stock to be donated
    • Number of shares to be donated
    • Recipient’s/Non-Profit’s account name: Institute for Social Policy and Understanding
    • Recipient’s/Non-Profit’s account number: PLR003101
    • Recipient’s/Non-Profit’s tax ID: 38-3633581
    • Pershing DTC number: 0443
    • Saturna Brokerage phone number: 800-728-8762

Will or Living Trust

You want to leave money to ISPU in your will. You also want the flexibility to change your will should your life circumstances change. You can do both!

By adding just ONE sentence to your will, you can complete your gift. This type of donation to ISPU in your will or living trust helps ensure that we continue our mission for years to come.

You can work with your attorney and add one of the gift language samples so that ISPU either receives a percentage of the estate or of a specific amount.

SAMPLE #1 PERCENTAGE BEQUEST:

“I give, devise and bequeath to The Institute for Social Policy and Understanding (tax identification number 38-3633581), a charitable corporation organized under Michigan law, now maintaining its headquarters in Michigan at 6 Parklane Blvd, Suite 510, Dearborn, MI 48126, _______% of the rest and residue of my estate.”

SAMPLE #2 RESIDUARY BEQUEST:

“I give, devise and bequeath to The Institute for Social Policy and Understanding (tax identification number 38-3633581), a charitable corporation organized under Michigan law, now maintaining its headquarters in Michigan at 6 Parklane Blvd, Suite 510, Dearborn, MI 48126, the rest and residue of my estate.”

SAMPLE #3 BEQUEST FOR A SPECIFIC AMOUNT:

“I give, devise and bequeath to The Institute for Social Policy and Understanding (tax identification number 38-3633581), a charitable corporation organized under Michigan law, now maintaining its headquarters in Michigan at 6 Parklane Blvd, Suite 510, Dearborn, MI 48126, the sum of $________________.”

SAMPLE BEQUEST #4 CONTINGENT BEQUEST:

“In the event that (name or names; i.e., spouse, children, sibling, heirs) shall not survive me, or shall die during the administration of my estate, within ____ days from the date of my death, or as a result of a common disaster, then I give, devise and bequeath those beneficiaries’ shares of my estate to the Institute for Social Policy and Understanding (tax identification number 38-3633581), a charitable corporation organized under Michigan law, now maintaining its headquarters in Michigan at 6 Parklane Blvd, Suite 510, Dearborn, MI 48126.”

It’s that easy – you’ll have made a big difference with just a few lines of text that you can change at any time! Drop us a line at plannedgiving@ispu.org to let us know you’ve included us in your will or living trust, since your gift will make a huge impact on our work, and we’d love to thank you!

Beneficiary Designations

Planned Giving isn’t just bequests —and you may prefer the ease and flexibility that a beneficiary designation provides by using any of the following options:

• • • IRAs and retirement plans,
    • life insurance policies,
    • and commercial annuities.

It only takes three simple steps to make this type of gift. Here’s how to name ISPU as a beneficiary:

Step 1

Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.

Step 2

Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you chose, on the beneficiary form.

Step 3

Return the completed form to your plan administrator, insurance company, bank or financial institution.

Voila! You will have easily made a deep and meaningful difference, an investment in creating good for generations to come!

Tax-Free Gift with an IRA

Make a difference today and save on taxes. It’s possible when you support ISPU through your IRA. Enjoy this special opportunity for those 70½ years old and older.

You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as ISPU without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit and you can feel good knowing that you are making a difference in your grandchildren’s futures. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.

WHY CONSIDER THIS GIFT?

• • • Your gift will be put to use immediately – today! It will allow you to see the difference your donation is making right away.
    • Beginning in the year you turn 72, you can use your gift to satisfy all or part of your required minimum distribution (RMD).
    • 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.
    • Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.

Gift of Life Insurance

When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse—your policy can become a powerful and simple way to support our work.

There are three ways to give life insurance to ISPU:

Name us as a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.

Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.

Make an outright gift of a new policy. You can take out a new policy and irrevocably name the ISPU as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize your taxes.

Charitable Gift Annuity (CGA)

There’s a way for you to support ISPU and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.

This popular planned gift can provide you with secure lifetime payments and allow us to further our work. The minimum CGA donation to ISPU is $10,000, either in cash or with long-term appreciated stock. You qualify for a partial income tax charitable deduction, and a portion of your payments are tax-free throughout your life expectancy.

Like most of the other organizations that offer CGAs, we follow the suggested maximum rates set by the American Council on Gift Annuities. The ISPU works with the Bank of New York Mellon to administer our program.

Donor Advised Fund

A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to ISPU and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.

You can also create a lasting legacy by naming ISPU the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form or email plannedgiving@ispu.org to set up a Donor Advised Fund.

Gift of Cash or Property

One of the easiest and most popular options, making a gift of cash or property to us offers you the chance to support our work while ALSO potentially enjoying great tax advantages.

How to make a cash donation:

• • • Bank transfer
    • Check

Popular reasons to make a donation of property:

• • • You receive an income tax deduction equal to the appraised fair market value of the property, with no capital gains tax due on the transfer to ISPU.
    • You remove a large taxable asset from your estate.
    • You can take advantage of a variety of gift formats available for a donation of real estate, each offering unique planning benefits.

If you are interested in making a property donation, please email ISPU’s Director of Development, Michelle Gale, at plannedgiving@ispu.org to discuss your options.

Charitable Remainder Trust

If you have built a sizable estate and also are looking for ways to receive reliable payments, consider a charitable remainder trust.

These types of gifts may offer you tax benefits and the option for income. There are two ways to receive payments and each has its own benefits:

The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.

The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.