Golden Legacy Charitable Planned Giving Program

Why Planned Giving is so Important

The perils of COVID-19 and its variants taught us how fragile life is and how quickly it can change. Fortunately, you can prepare for the unexpected and provide a legacy of love for Golden Retrievers and golden mixes through a Charitable Planned Giving program. Charitable Planned Giving is the process of making a charitable gift to one or more non-profit organizations.

Planned Giving Assures the Future of As Good as Gold

Planning a gift for AGaG ensures that your love and compassion for goldens in need is met well into the future; assuring long-term availability of foster homes, veterinary care and leading to placement in forever homes.
Future Golden Retriever costs are likely to increase. Some of these include surgery and medicine, boarding costs, transport expenses both domestically and international, public education programs and licensing costs. AGaG needs future funds to meet these higher expense levels as well as to launch timely new programs.

legacy giving

Popular Planned Giving Options

There are multiple options to donate. Many of them offer significant tax breaks. Some of the more popular planned giving methods are summarized below. Your Financial Advisor or Attorney can provide details on these and other options and recommend the best giving approach for your situation.

Bequests – Gifts from Wills and Trusts

Make As Good as Gold a part of your personal legacy with a charitable gift from your personal estate for a specific dollar amount or a percentage. You can restrict your donation to a specific program.

Retirement Assets

One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to As Good as Gold instead of cash. By giving appreciated assets (like stocks held for more than one year) you’ll get a charitable tax deduction for the full value of the asset and avoid capital gains tax that would have applied if you had sold the stock and made your gift in cash.

Retirement Plan Assets

Name AGaG as a percentage beneficiary of your qualified retirement plan assets such as 401(k), 403(b), IRA, Keogh or a profit-sharing pension plan and your estate will receive appropriate charitable estate tax deduction.

Life Insurance Beneficiary

Making a gift of a paid-up life insurance policy that you and your family no longer need to As Good as Gold. AGaG can either cash in the policy now or hold it You receive an income tax deduction equal to the surrender value of the policy.

Other Planned Giving Options

There are even more Planned Giving methods. Meet with your Financial Planner or Attorney to get details about all options and to determine the approach that best fits your financial situation.

planned legacy giving

More Immediate Giving Options

You can still obtain significant tax breaks if you choose to donate during your lifetime. Here are two options for doing so.

IRA Charitable Rollover

The IRA charitable rollover provides you with an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remained in your taxable estate. You need to be at least 70.5 years old.

Donor Advised Fund (DAF)

The benefits of using a donor advised fund are strong and, with the new tax laws, are expected to grow in appeal to strategic donors. They allow you to support As Good as Gold with as small as a $500 donation or as large as you want. Money in the fund grows tax free.

You can fund the DAF by irrevocably contributing assets such as cash, appreciated stock, insurance proceeds, or various other forms of capital. Given that your DAF is a separate entity, you can take an immediate tax deduction for the amount of the gift.

If your annual charity donations fall below the standard deduction threshold, you can gift multiple years donations in a single year and get a larger tax deduction for that year. Donations to the charity can be disbursed in future years.

As Good as Gold’s Tax ID is #90-0083192