Planned
Giving

Leave a Lasting Legacy for Animals Through Your Estate Plans

Including Animal Aid Alliance in your will or trust is a wonderful way to benefit animals and accomplish personal estate and tax planning. Including Animal Aid Alliance as a direct recipient of mandatory distributions from your IRA or other qualified tax plan can avoid taxation of those distributions regardless of your tax status.

Please contact us at 919.819.8346 or “info@animal-aid-alliance.org” if you have questions or wish to discuss estate planning opportunities with an Animal Aid Alliance officer.

What is a Planned Gift?

A planned gift, sometimes called a legacy gift is commonly thought of as a donation you make through a will or trust. Three common types of planned gifts to consider are as follows:

• Gifts to Animal Aid Alliance (AAA) through your will or trust
• Naming AAA as a beneficiary of your retirement plan or your IRA
• Naming AAA as a beneficiary of your life insurance policy

While those are examples of a planned gift, there are other easy, common ways you can give a gift to Animal Aid Alliance. Many people think of a planned gift as something that is only given through a will or an estate plan, but there are several types of planned gifts that allow donors to not only potentially save tax dollars but also see their impact immediately. These are very simple ways to make a contribution to save animals that you are able to experience in life.

Gifts of Stock, Bonds, and Mutual Funds

Donating appreciated stocks, bonds, or mutual funds to Animal Aid Alliance is quick and easy; it can also reduce or eliminate entirely the amount of capital gains tax liability you would otherwise be paying, so please consult with your accountant on making this gift in the appropriate way. We can help with the transfer process and then we put the proceeds of the sale to work saving animals.
So that we may issue a letter to you that serves as a receipt for your tax-deductible gift, please contact our Treasurer, Conrad Mock. You will receive gift credit for the fair market value of the securities on the date of transfer, even if it’s more than you originally paid!

Conducting a DTC Transfer of Common Stock

To gift shares of stock currently held in a brokerage account, please contact Conrad Mock (or ask your broker to) for delivery instructions/to receive our brokerage account number.

Qualified Charitable Distribution

At the end and beginning of the calendar year, some of our donors aged 73 and older ask us if they can make a qualified charitable distribution (QCD) from their individual retirement account (IRA) to meet the mandatory distribution requirements.

While a QCD is not a tax-deductible donation, it is a distribution that counts towards satisfying your required minimum distribution, and is not taxable so long as certain rules are met. A QCD excludes the amount donated from taxable income, which is unlike regular withdrawals from an IRA. When you keep your taxable income lower, this may reduce the impact on certain tax credits and deductions, including Social Security and Medicare. For a QCD to count towards this year’s required minimum distribution, the funds must come out of your IRA by the deadline, which is generally December 31.

Donor-Advised Funds (DAFs)

Donor-Advised Funds (DAFs) are becoming an increasingly popular way to provide financial support for the causes about which donors are most passionate. Through a DAF, donors make contributions (cash, stock, real estate, or other assets) to the fund, receive an immediate tax credit, and then dispense funding to nonprofit organizations over time. You can use your name or remain anonymous, you can make as many or as few contributions to the fund as you’d like, and you can have the assets in the fund invested for growth, while avoiding taxes on that growth.

Charitable Trusts

Do you have an asset that has increased in value substantially, like real estate or stocks, that you hesitate to sell because of the high capital gains tax liability?
Another simple and great way to give is to have your attorney create a trust which you put the asset in. The trust sells the asset with no capital gains tax due, you and your spouse receive a tax preferentially treated income for life, and upon your demise the proceeds go to Animal Aid Alliance.

How to Give a Planned Gift

We encourage you to have a personal conversation with us so you can discuss your options with your attorney, accountant, and/or financial advisor.
Regardless of which type of legacy you decide to build and leave to Animal Aid Alliance, you will need to have some basic information about AAA to include with the gift, as well as to provide to your attorney, accountant, and/or financial advisor:

Animal Aid Alliance of NC, Inc.
564 Butler Drive
Henrico, NC 27842
EIN/Tax ID #33-2606672

Please Contact Us Today!

For more information about making a planned gift, or to let us know if you have already included AAA in your planned gifts, please contact our Treasurer, Conrad Mock. All inquiries and information will be kept strictly confidential and will not imply any obligation to make a gift.

None of the above should be construed as legal advice. Please contact your attorney, accountant, and/or financial adviser to help you decide what is best for your personal situation.