Feminists have the opportunity to help guarantee that the Feminist Majority Foundation will continue strong and unwavering in pursuit of equality for generations to come. We are dedicated to building a feminist future and we need our supporters there with us every step of the way. By designating a bequest to the Feminist Majority Foundation in your will or living trust, you can ensure that your beliefs and values will endure.
Planned gifts provide a foundation for growth, help us meet emergency needs, and help us build for the future. Traditional charities have encouraged the use of planned giving for years, and feminists, too, must be prepared for the challenging work ahead. Bequests of all sizes are welcome.
Bequests to the Feminist Majority Foundation can provide substantial federal tax savings and may even place your estate in a lower tax bracket. Gifts to the Feminist Majority Foundation, a 501(c)(3) organization, are fully deductible for federal estate tax purposes.
We encourage donors undertaking estate planning do so with the consultation of an attorney. In addition to federal tax laws, state laws govern wills, trusts, and certain charitable gifts.
How to Include the Feminist Majority Foundation in Your Will or Living Trust
There are many ways to make bequests to the Feminist Majority Foundation. If you already have a will or living trust, you can add the bequest by a simple codicil or amendment.
Outright bequests of money provide a specified sum from a donorÁ_s estate.
Sample language for bequest: I give _____ Dollars ($_____) to the Feminist Majority Foundation, a non-profit corporation having its principal offices in Arlington, Virginia, to further the organization’s objectives and purposes.
A specific bequest of securities, or other real or personal property gives a specific item or specific piece of property to the Feminist Majority Foundation. If the donor disposes of the specified property during her or his lifetime, there will be no bequest to the Foundation.
A residuary bequest is made from what remains in a donor’s estate after specific and cash bequests, taxes, settlement costs and debts are satisfied.
A proportionate bequest gives a percentage of your gross or net estate to the Feminist Majority Foundation.
Trusts can be established in many ways to meet the life income needs of you and your family and benefit the Feminist Majority Foundation. By putting assets into trusts, probate of an estate and the associated costs can be avoided and there can be considerable tax benefits to either the person who establishes the trust or her or his heirs. An attorney familiar with trust documents and your financial advisor should be consulted to provide the maximum financial and estate planning benefits to you.
Other Kinds of Special Gifts
You can also give an immediate gift of cash, securities or other real or personal property to the Feminist Majority Foundation which is tax deductible and can reduce estate taxes for your heirs while helping fund our important work for women and girls.
Giving Securities
Gifts of unrestricted publicly traded securities (including stocks, bonds, mutual funds and other securities) can entitle the donor to potentially significant tax benefits. The donor bypasses capital gains taxes, and if appreciated securities have been held long-term, an income tax deduction based on their fair market value is available up to 30% of adjusted gross income, and any unused deduction may be carried forward for up to five years. This often reduces significantly the after-tax cost of a donation. Your attorney can help determine the best way to give securities for maximum tax benefits.
Memorial and Honorary Gifts Gifts to the Feminist Majority Foundation can be made in honor of someone who has died or is still living. The person honored (or her/his family) will receive a card recognizing your gift.
