Thank You for Your Loyalty
As you consider way that you can fulfill your charitable giving wishes, there are several tools that may help you. As always, please consult your attorney or financial advisor as you develop plans to meet your goals.
You may choose to donate a gift of real estate to ARRL. It may be land, a vacation home a condominium or other primary residence. As the donor it is your responsibility to arrange for the property to be valued by an independent appraiser of your choice and inspected. The property should be free of any lien or mortgage. Real Estate may be used to fund a trust or may be donated with the stipulation that you may live in the home for life, after which the property reverts to ARRL. In general, donations of real estate will be liquidated and the proceeds will be added to the ARRL Endowment.
Gifts of appreciated property such as art, jewelry, boats, automobiles, or antiques must be approved by ARRL. The valuation of all such property is the responsibility of the donor. Appreciated property may be used to funds a trust.
The families of Silent Keys often contact ARRL with a wish to contributed Amateur Radio equipment. ARRL prefers that such equipment be sold and the proceeds be contributed to ARRL. Funds may be designated to a specific ARRL program or fund.
One of the most convenient easy to make an estate gift to ARRL is to make the ARRL a beneficiary of a life insurance policy.
ARRL does not have a formal charitable gift annuity program, but you may elect to create a commercial annuity and name ARRL the beneficiary.
You may wish to name ARRL the beneficiary of the residual of your retirement plan or 401(K) plan. By designating that your charitable wish be fulfilled in this way, you may accomplish two goals -- to fulfill your charitable intent and to realize possible tax benefits your heirs.
You may wish to establish a Charitable Remainder Trust or a Charitable Lead trust. These instruments are irrevocable. A charitable remainder trust provides income for the donor, a child or other beneficiary for life or a period of years, after which ARRL as beneficiary would received the remainder of the trust. A charitable lead trust provides for ARRL to benefit from the earnings of a trust established by you for a period of years, after which the principal reverts to one or more beneficiaries.
Questions about making a gift of securities & appreciated property? Contact Us
ARRL is an IRS-designated 501(c)(3) oragnization holding tax identification number 06-6000004. Contributions are tax deductible to the extend allowed by law.