Ways to Make a Planned Gift
There are nearly as many ways to make a gift to Morris Animal Foundation through your estate plans as there are areas of research to fund and species of animals to help. The types of gifts listed here are just a few of the popular ways you can make a meaningful gift to benefit animals while also considering your personal circumstances.
Bequests
Beneficiary Designations
Charitable Gift Annuities
Bequests
Making a bequest is the most common and easiest way to make a lasting gift to Morris Animal Foundation. Many of our most meaningful gifts have come from bequests.
Bequests can also offer benefits to you! You can avoid the federal estate tax by making a gift to Morris Animal Foundation through your estate. Your generosity costs you nothing now, yet it allows you to honor your commitment to creating a healthier tomorrow for animals. Plus, you can take pride in knowing that your future gift will live on and be used to fund cutting-edge veterinary research that helps animals.
Including Morris Animal Foundation in your estate plans is as easy as working with your estate-planning professional to include the following language in your will:
“I, [name], of [city, state ZIP], give, devise and bequeath to Morris Animal Foundation [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.”
The lasting effects of bequest gifts have helped Morris Animal Foundation become the worldwide leader in funding veterinary research that benefits companion animals and wildlife. Bequests are the best way to help ensure that Morris Animal Foundation has the ability to advance animal health in the future. We thank you for any bequest gift, regardless of size.
Morris Animal Foundation is committed to honoring your wishes for your bequest and your desire to make your gift anonymously, if you so choose.
Have you included Morris Animal Foundation in your will?
Please contact a member of our planned giving team at 800.243.2345 and let us know that you have made an estate gift to the Foundation. We would love to thank you for your generosity!
Are you interested in making a bequest to Morris Animal Foundation?
Please contact a member of our planned giving team at 800.243.2345 or by clicking here to fill out our confidential form to request more information.
Beneficiary Designations
Another easy way to continue your commitment to creating a healthier tomorrow for animals is through a beneficiary designation. This involves simply naming Morris Animal Foundation as a beneficiary of your qualified retirement plan, life insurance or appreciated securities. This type of gift can be quickly completed by calling your plan’s administrator and asking to change the beneficiary to Morris Animal Foundation.
Morris Animal Foundation is committed to honoring your wishes for your gift and your desire to make your gift anonymously, if you so choose.
Have you made Morris Animal Foundation a beneficiary of a qualified plan?
Please contact a member of our planned giving team at 800.243.2345 and let us know that you have made such a gift to the Foundation. We would love to thank you for your generosity!
Are you interested in making Morris Animal Foundation a beneficiary of your qualified plan?
Please contact a member of our planned giving team at 800.243.2345 or by clicking here to fill out our confidential form to request more information.
Charitable Gift Annuities
Charitable gift annuities (CGAs) are easy to establish through a simple contract between you and Morris Animal Foundation. A CGA will pay you and/or another annuitant a guaranteed, fixed income for life. At the death of the annuitant(s), the remainder of the principal gift will be transferred to Morris Animal Foundation.
You can begin to receive income right away or you can choose when you’d like the payments to start.
How a charitable gift annuity works:
- You transfer an asset (cash, stock, etc.) to Morris Animal Foundation
- The annuitant(s) receive income for life
- At the end of the annuitant(s) life, the remainder of the principal gift passes to Morris Animal Foundation
Benefits of a charitable gift annuity include the following:
- Steady, guaranteed lifetime payments, backed by the assets of Morris Animal Foundation
- Charitable income tax deduction
- Avoidance of capital gains taxes (depending on the type of asset used to fund the annuity)
- Ability to convert low- or non–income-producing assets into a charitable gift with an income source
- Professional management through American National Bank
- Future support for Morris Animal Foundation
Guidelines for establishing a CGA:
- Minimum gift is $10,000
- Minimum age of annuitant(s) is 65
Examples of CGA Rates
Payment rates are based on January 1, 2012
|
Donor(s) makes gift |
if CGA starts |
if CGA starts |
if CGA starts |
|
65 |
4.70% |
5.90% |
7.90% |
|
65/65 |
4.20% |
5.40% |
6.80% |
|
70 |
5.10% |
6.80% |
9.30% |
|
70/70 |
4.60% |
5.80% |
7.80% |
|
75 |
5.80% |
7.90% |
10.70% |
|
75/75 |
5.00% |
6.60% |
9.20% |
|
80 |
6.80% |
9.10% |
12.30% |
|
80/80 |
5.70% |
7.80% |
11.20% |
Rates listed are recommended by the American Council on Gift Annuities, are subject to change and are provided for illustrative purposes only
Are you interested in receiving more information about a Morris Animal Foundation charitable gift annuity? Or would you like a personalized non-obligatory CGA illustration? Please contact a member of our planned giving team at 800.243.2345 or by clicking here to fill out our confidential form to request more information.
