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Planned Giving 

Making a planned gift to the Foundation for Intentional Community (FIC), during or after your lifetime, can be one of the finest ways to leave a legacy of cooperation and sustainability.

Bequests involve designating a specific asset, amount, or percentage of an estate to FIC in your will. These legacy gifts support FIC’s long-term financial health and offer much needed funds to further the cooperative culture movement.

Bequests can involve gifts of cash, stocks, bonds, real estate, or other assets, or you can name FIC as residual beneficiary of your estate.

Some other legacy giving options include: 

  • Qualified Charitable Distributions can be made to FIC from your IRA if you are 70 1/2 years of age or older. It can be counted toward satisfying required minimum distributions for the year, if certain rules are met.
  • Gifts of Stocks & Mutual Funds, especially those that have appreciated in value, can reduce your capital gains tax liabilities as well as result in a charitable income tax deduction. Contact us for our stock broker’s information.
  • Life Insurance plans can name FIC as a beneficiary for a specific amount or percent value of the life insurance policy, or the policy can be donated outright. You can do so by simply contacting your insurance agent.

We kindly suggest that you inform us of your intent to make a planned gift so we can thank you and acknowledge your generosity. Please contact us in advance if you have an interest in willing us real estate or other tangible personal property.

Planned gifts and bequests may have capital gains and other significant estate and income tax benefits. When planning out or revising a will, consult with a professional financial tax advisor and attorney to better understand how options relate to your circumstances and applicable federal and state laws.

If you have questions or would like to speak to us about planned giving, contact our Development Director at [email protected]

 

 

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