Consider a Planned Gift

Did you know…
You don’t have to be wealthy to make a significant gift to SAFE?
You can leave money to your heirs and to SAFE that reflect your values?
Making an estate plan doesn’t have to be complicated or expensive?

Planned Giving – Bequest

The Simplest Way to Support SAFE After Your Lifetime

Make a bequest.  You can use this wording  to share with your estate planning attorney to add to your will or living trust:

I, (name), of (city, state, ZIP), give, devise and bequeath to the SAFE Alliance, (written amount or percentage of the estate or description of property) for its unrestricted use and purpose.

If you have included SAFE in your estate plans, we would love to know so we can welcome you into our SafeKeepers.  We respect your wishes to remain anonymous, if you so choose, and any details of your gift that you disclose are held in confidence. Thank you for helping ensure that the resources of SAFE are available for future generations.

“SafePlace brings healing, safety, prevention, education and support of all kinds to those who have experienced sexual and/or relationship violence – some of the most vulnerable among us. It has been my privilege to contribute to these efforts by including SafePlace in my Will/Estate Planning and also by serving as a regular volunteer for more than 5 years. The effort to make the world a safer and better place (tikkun olam in Judaism) is crucial to my existence and participation is mandatory. For the ongoing and hands-on aspect, I have worked as a regular volunteer at SafePlace, principally by providing clerical support to the Development Team, for more than 5 years. SafePlace fits my personal beliefs and mind set as I’m a long-time social activist and an old (in every sense of that word) feminist!”

– Jo Reichler – SafePlace Volunteer

Planned Giving – Life Insurance

Another Simple Way to Support Austin Children’s Shelter and SafePlace After Your Lifetime

Another very easy way to continue your support of Austin Children’s Shelter or SafePlace is through a life insurance gift.  You can purchase a life-insurance policy and bequeath it to us. Many people have a whole life policy that is no longer needed to protect you or your family. You can make a change in the beneficiary so that Austin Children’s Shelter or SafePlace receives the benefit of that policy.

Patti O'Meara“The invaluable services provided by SafePlace touch the lives of women and children in so many profound ways.  I see, firsthand, the exceptional work of the dedicated individuals who passionately devote their time and energy to helping those who have suffered severe physical and emotional abuse and help transform them into strong, self-reliant, independent and liberated people.  The spirit of SafePlace has always been an inspiration to me, so much in fact, that I made the decision to bequeath an insurance policy to SafePlace, at the time of my death.  While it is a wonderfully romantic notion to dream that the abuse that is so alive and well in our society today will one day be eradicated, it is not realistic.  And, it is with that understanding that I am compelled to offer my assistance, even after I am gone, to support SafePlace in its efforts to both combat domestic violence and abuse, and to educate.  The education of our youth is key to bringing an end to these offenses, but there can be no education without important programs like SafePlace.”   

– Patti O’Meara – SafePlace Foundation Trustee

Planned Giving – Retirement Plan

A Win-Win Alternative

If you would like to support our work after your lifetime…

For many of us, earnings on 401(k)s, IRAs and pension plans constitute the bulk of our net worth, aside from our homes.  But did you know that anyone who inherits retirement** plan funds will be subject to income tax on all withdrawals?  Although there are ways in which spouses can defer taxes on these assets, they, too, are subject to income tax when they make withdrawals.

Consider leaving a percentage of your retirement plan assets to Austin Children’s Shelter or SafePlace. Unlike your family members, we will receive the full value of your retirement plan assets. Plus, you can rest easy knowing you can change your mind about beneficiaries any time.

If you’re determined to avoid taxes altogether on your retirement plan assets, you could donate them to Austin Children’s Shelter or SafePlace and build an inheritance for your loved ones from other assets, such as life insurance or property. If much of your nest egg is tied up in a retirement plan, you may have little else to leave to family. In that instance, a more reasonable alternative may be to donate a percentage of your retirement plan accounts to Austin Children’s Shelter or SafePlace, thus taking greater control over how the funds in these accounts will be used while still providing for the needs of family and friends.

How to Complete Your Gift

Simply contact your retirement plan administrator for a change of beneficiary form. Decide what percentage you would like Austin Children’s Shelter or SafePlace to receive, and name us, along with the percentage you chose, on the beneficiary form. Then return the form to your plan administrator.

Completing a Designation of Beneficiary form for your IRA or other retirement plans assets does not normally require you to change your Will. The designation form that you file with the plan administrator usually controls the distribution of the assets, not the Testamentary Will.

“After working as a volunteer for SafePlace, I became even more convinced that this was the right place to leave a lasting legacy for the future generations of my sisters and their children.  I truly believe that SafePlace has the expertise and desire to use gifts wisely.  They have a national reputation for being at the forefront, and are one of the most beloved local charities.

It made good financial sense to me to fill out a simple form, so that my retirement money will eventually go directly to SafePlace and avoid the delays and expense of going through the probate court system.

If you believe that “people should put their money where their heart is,” then you have found the very best place to help others reach their goals – to recover, survive and thrive.”

– Vivian A. Schroeder – Long-time volunteer for SafePlace

**It’s official—the President signed the charitable IRA rollover extension into law, and it will be in effect for 2010 and 2011. Donors aged 70 1/2 or older are once again eligible to move up to $100,000 from their IRAs directly to qualified charities without having to pay income taxes on the money.

Planned Giving – Securities

A Tax-Smart Way to Give Back

If you would like to continue supporting the life-changing programs of Austin Children’s Shelter or SafePlace, there are many tax-wise giving options to choose from.  Read on to learn about two options that offer particularly outstanding tax benefits.

If you would like to make an impact today…

Securities that are worth more now than when you purchased them, and that you have owned them for more than one year, make excellent charitable gifts. When making such a gift, you qualify for two tax benefits.

  • You are entitled to a federal income tax deduction based on the current fair market value of the securities, regardless of their original cost.  (Your deduction is limited to 30 percent of your adjusted gross income, but the excess is deductible for up to five additional years.)
  • You are exempt from paying capital gains taxes on any increase in value—taxes you would pay if  you had otherwise sold the securities.

These two tax benefits make it appealing for Austin Children’s Shelter or SafePlace supporters to make their annual gifts using appreciated securities rather than cash, as the chart below shows. As you can see, giving stocks lets you give your same annual gifts—with the same impact on the families we serve—at a reduced cost.  Plus, you avoid paying up to 15 percent capital gains tax on the appreciated stock you donate.

How to Complete Your Gift

If you have the physical securities, you can hand-deliver them to us or mail us the stocks and stock power separately. If you don’t have possession of the physical securities, instruct your broker to electronically transfer your intended shares. Contact Susan Dunning, Major Gifts Officer, for information your broker will need to complete the transfer. Make sure to ask your broker to notify us once the transfer is complete.

“Several years ago I was invited to serve on the board of SafePlace.  Having more of a background in business than with the issues that SafePlace deals with, I started my board service on the Finance committee.  It was a period of significant financial stress for the agency.  I was immediately impressed with the transparency of the financials and the foresight in modeling future outcomes.  But most important, I was taken by the courage and commitment with which the staff attacked the budget issues.  Through my continued work I soon realized why.  The staff and people of SafePlace maintain a culture of respect for each other, a common commitment and willingness to sacrifice for the agency, and last, a certain heroism for always looking at new, yet well measured means to fulfill its mission and vision.  The bottom line, SafePlace is an excellent custodian of public support and I have always had confidence that my gifts will be used well.  In the past I have made such gifts in securities.  Doing so is tax efficient and as easy as sending an email.  As a donor you receive the full charitable deduction for the market value of the gift while knowing that SafePlace will use it with care and wisdom.  That is a “win win” if there ever was one!”

– John Jones – Chair, SafePlace Foundation Trustees


For additional information about Planned Giving, please contact Carmine Salvucci, Executive Director,The SAFE Alliance Foundation.

This information is not intended as legal advice. Please consult your attorney or financial advisor regarding any planned gift.

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