Planned Giving

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Planned Giving

Planned Giving

Charitable gift planning affords you opportunities to have a significant impact on our mission and the children we support with the possibility of reducing or eliminating current and future tax liabilities, creating income for you or your loved ones, and preserving wealth for future generations of your family.

 

Recent and pending changes to the tax code contain provisions incentivizing you to plan how, what, and when you give to charity. If you have recently experienced or are anticipating changes in your personal life or business, we encourage you to consider a planned gift to help Beads of Courage to ensure you’re taking full advantage of these incentives.

For your convenience, you may find this information helpful for your planned gift to support Beads of Courage, Inc:

Beads of Courage, Inc.
3301 N. 1st Avenue
Tucson, AZ 85719
Tax ID:  20-2721500

Donor Advised Funds

You can direct a gift from your Donor Advised Fund to Beads of Courage to make an immediate impact on the kids and families we serve. You may also be able to name Beads of Courage as a beneficiary to your account.

 

IRA accounts

The IRA Charitable Rollover allows individuals who are 70 1/2 years of age or older to donate to charitable organizations directly from their IRA, without that donation being counted as taxable income when it is withdrawn.

       Why Consider This Gift?

  • Your gift will be put to use today, allowing you to see the difference your donation is making.
  • If you are required to take minimum distributions, you can use your gift to satisfy all or part of your obligation.
  • 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.

To qualify, contributions must come from a traditional IRA or Roth IRA, and they must be made directly to a public charity, like Beads of Courage, Inc. Additionally, the donor may not receive goods or services in exchange for the donation, and they must retain a receipt from each charity to which a donation is made.

 

Planned Gifts

Gifts through wills and living trusts are simple to arrange and may be changed at any time. A provision or amendment prepared by your attorney at the time you make or update your will is all that is necessary.
Gift of Stocks

Donating appreciated stocks, bonds, or mutual fund shares brings hope to kids in need while providing a charitable deduction and tax benefits to you.

Please contact us at accounting@beadsofcourage.org if you wish to give a planned gift.