Your planned gift to Single Parent Advocate ensures that your values and commitment to supporting single-parent families live on. Your generosity will continue to make a difference long into the future, helping countless families with single head-of-households fare better and thrive.
By considering planned giving, you can make a lasting impact on the lives of single-parent families for generations to come.
Types of Planned Giving Options
Donate Through Stocks
Make a larger impact by gifting stock and donating long-term appreciated securities, including stock, bonds, and mutual funds, directly to charity. Compared with donating cash or selling your appreciated securities and contributing the after-tax proceeds, you may potentially increase your gift and tax donation.
Bequests
A bequest is a gift made through your will or living trust. This simple and flexible option allows you to maintain control of your assets during your lifetime while still supporting Single Parent Advocate in the future.
Fast Fact: Less than 50% of Americans have a will. We recommend this to all those who we support and to all those who support our organization. Some individuals create their own will, and others hire an estate attorney for this purpose. Either way, having a plan intact for life events such as the passing of a loved one is highly beneficial and recommended for all. If you are looking for answers as it relates to creating a will, here is an idea: Freewill.com
Charitable Gift Annuities
A charitable gift annuity provides you with fixed payments for life, while also supporting Single Parent Advocate. This option can offer tax benefits and a reliable income stream simultaneously.
Life Insurance Policies
Single Parent Advocate works with a licensed professional advisor to help passionate Life Changers like you leverage life insurance policies to create a legacy. This option allows you to make a significant gift while potentially enjoying tax benefits.
Retirement Plan Assets
Designating Single Parent Advocate as a beneficiary of your retirement plan assets, such as an IRA or 401(k), can be a tax-efficient way to support our mission while providing for your loved ones.
Charitable Remainder Trusts
These trusts provide income to you or your designated beneficiaries for a specified period, with the remainder going to Single Parent Advocate. This option can offer tax benefits and income security
Impact of Your Gift
By supporting Single Parent Advocate through planned giving, you’re investing in the future of countless families, helping to break cycles of poverty and empower the next generation. Your planned gift to Single Parent Advocate will help us:
- Provide essential resources and support to single parents and their children
- Offer educational scholarships and professional development opportunities
- Expand our programs, and increase our capabilities across a broader geographic range
- Advocate for policies that benefit single-parent families and organizations that do the same
Your commitment to Single Parent Advocate’s mission will also inspire others and create a ripple effect of positive change in our community.
Getting Started
Taking the first step towards planned giving is a process that requires careful consideration. We have made finding a trusted advisor to speak with about this easier, though.
If you’re interested in learning more, please contact our development team to discuss your options and learn how your gift can make a lasting difference. We’re here to answer your questions and guide you through the process. Together, we can ensure that single parents and their children have the support and resources they need to thrive for years to come.
Thank you for your consideration. Your legacy of compassion and generosity will transform lives and strengthen our community.
Contact Information:
- Name: Lois Kim
- Email: kkyjkim01@ft.newyorklife.com
- Phone: 214-300-9055
Remember to consult with your financial advisor to understand the specific tax benefits applicable to your situation.