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What is Planned Giving?

Planned giving is the process of thoughtfully including a charitable gift in your estate plans. It is a method of establishing your legacy of support for the organization you love while providing for your current financial needs. With proper planning, you can help ensure that the Western Foundation of Vertebrate Zoology (WFVZ) has a lasting impact. It’s a gift that will fund your vision and make a positive impact for generations to come. There are several ways to give through your estate and provide support to the Western Foundation of Vertebrate Zoology’s mission beyond your lifetime. 

A GIFT IN YOUR WILL or Trust

Multiple options are available for including the Western Foundation of Vertebrate Zoology in your will or trust.

Special Bequest A charitable bequest is one of the easiest ways you can leave a lasting impact on the Western Foundation of Vertebrate Zoology. A bequest may be made in your will or trust directing a gift to WFVZ.

Residuary Bequest – allows you to designate the Western Foundation to receive all or a specific portion of the remainder of your estate once all specific bequests and obligations have been paid

Contingent Bequest – allows a gift to be fulfilled if certain conditions are met (e.g., if your primary beneficiary does not survive you, you can select a contingent beneficiary)

Charitable Remainder Trust – allows your heirs to receive income for their lifetime(s), and after that point the remainder in the trust or annuity would then be distributed to the Western Foundation of Vertebrate Zoology

Benefits of your Bequest

  • Receive estate tax charitable deduction
  • Lessen the burden of taxes on your family
  • Leave a lasting legacy

 

BENEFICIARY DESIGNATION

You can also leave remaining funds in your retirement, investment or bank account or your life insurance policy to the Western Foundation of Vertebrate Zoology through two different types of beneficiary designations.

Primary Beneficiary – allows you to name our nonprofit organization as the beneficiary of either a stated percentage or the entire amount of an asset

Contingent Beneficiary – allows you to name the Western Foundation of Vertebrate Zoology as the beneficiary of either a stated percentage or the entire amount of an asset, given that the primary beneficiaries do not survive you.

If you decide to leave a gift to the Western Foundation of Vertebrate Zoology, please This email address is being protected from spambots. You need JavaScript enabled to view it.so that we can express our gratitude and welcome you into our Legacy Circle.

If you prefer to support WFVZ during your lifetime, click here

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