Promising Futures
Legacy Circle

Qualified Retirement Plan

Gifts of Retirement Assets

Did you know that 60% of your retirement assets may be taxed if you leave them to heirs upon your death? Avoid that tax and consider donating part or all of your unused retirement assets such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, which is a wonderful way to support the work of Promises2Kids for generations to come.

Most people do not use all of their retirement assets during their lifetime. By making this gift, you can support foster youth in our community now and in the future.

Qualified retirement plan infographic

Gifts of Retirement Assets

  • Receive a Charitable Deduction When Gifted

  • Your Heirs Will Avoid Tax on Assets Funded on a Pre-Tax Basis

  • Support Foster Youth with Your Legacy

Become a Member of the Promises2Kids Promising Futures Legacy Circle

Join a visionary group of people, known as the Promising Futures Legacy Circle, who have shown their commitment to creating a brighter future for foster children with a legacy gift to Promises2Kids. With thoughtful planning, anyone can make a lasting impact that benefits themselves and their loved ones and bring hope to thousands of future foster children, while enjoying tax advantages and other benefits.

Legacy Circle members receive special benefits and recognition, including invitations to exclusive quarterly events and a welcome gift to acknowledge your generosity.

To join, simply notify us of your plans to make a legacy gift to Promises2Kids. Be part of the solution by joining the Promising Futures Legacy Circle and leave a legacy gift through a Will, Trust or other long-range plan.

How to Make a Gift of Retirement Assets

Gifting retirement assets is easy. Simply speak with your retirement plan custodian and complete a beneficiary designation form, naming Promises2Kids as beneficiary. Promises2Kids will benefit from the full value of the gift because your retirement assets will not be taxed at death – your estate will benefit from a charitable deduction because of your gift.

Gifts of retirement assets through your Required Minimum Distribution (RMD) can be done during your lifetime as well.

Need Assistance?

For questions about gifting retirement assets to Promises2Kids or to notify us of your gift, please contact Emily Hassig, CFRE, Chief Development Officer at 858.751.6624 or emily@promises2kids.org

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Interested in Learning More?

Our Free Estate Planning Guide Can Assist with Planning Your Will & Trust

This complimentary, Estate Planning Guide will help you work alongside your advisor and show you the many ways you can leave a legacy to Promises2Kids, your family or your community.

Please fill out the form below to receive the guide or contact Corey Polant, Director of Philanthropic Operations at 858.751.6610 or corey@promises2kids.org.

Planned Giving Brochure