Planned Giving
Planned giving is a method of supporting a non-profit, such as the New Hampshire Wildlife Federation, that enables you to make a larger gift than you might make from your income or savings. Thus, by definition, a planned gift is any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning.
Described below are ways to support the New Hampshire Wildlife Federation. An Estate Planning attorney can discuss these option when drafting or revising your Will and/or Trust documents. Sample language is included for your information only.
Stocks: For securities held more than one year, you may claim a charitable deduction for the full fair market value, not the purchase price. You pay no capital gains tax. Your gift of appreciated securities can help insure that the New Hampshire Wildlife Federation continues to be a player in protecting the right to hunt, fish, trap and enjoy the outdoors. The New Hampshire Wildlife Federation is also involved in preserving and protection wildlife and has several programs, such as the Turtle Project and the Duck Box project.
IRA: Assets in your IRA are part of your estate. If left to individuals other than your spouse, they may be subject to estate taxes. Unlike other assets, they are also subject to income tax when distributed to your heirs. If you name a charity or non-profit, such as the New Hampshire Wildlife Federation, all taxes are generally avoided.
Life Insurance: A life insurance policy no longer needed for its intended purpose of family security and protection can make a very good charitable gift. By naming the New Hampshire Wildlife Federation as owner and irrevocable beneficiary, you are entitled to an income tax charitable deduction for the value of the policy at the time of transfer. The value of a fully paid up policy is its replacement cost. If the policy is not fully paid up, its value is approximately equal to its cash surrender value. Continued payment of the premium is also deductible by you when the premiums are paid directly to the New Hampshire Wildlife Federation.
General bequest: “I give, devise, and bequeath to the New Hampshire Wildlife Federation, a non-profit organization, with its office at 54 Portsmouth Street, Concord, New Hampshire 03301, the sum of $___________, to be used for its general purposes.”
Specific bequest: “I give, devise, and bequeath to the New Hampshire Wildlife Federation, a non-profit organization, with its office at 54 Portsmouth Street, Concord, New Hampshire 03301, _______(describe any real or personal property), to be used for its general purposes.”
Residuary bequests: “I give, devise, and bequeath to the New Hampshire Wildlife Federation, a non-profit organization with its office at 54 Portsmouth Street, Concord, New Hampshire 03301, all (or___%) of the rest, residue and remainder of my estate, to be used for its general purposes.”
Contingent bequest: A contingent bequest provides for the disposition of an estate if one or more of the named beneficiaries fails to survive the donor. The suggested wording:
“If_________ Predeceases me or disclaims any interest in_________, I hereby bequeath his or her share to the New Hampshire Wildlife Federation, a non-profit organization, with its office at 54 Portsmouth Street, Concord, New Hampshire 03301, to be used for its general purposes.”
The New Hampshire Wildlife Federation has represented New Hampshire hunting, fishing and trapping participants for decades providing a commanding voice for the outdoor community. Today deer, bear, wild turkeys and quality fishing opportunities are more abundant than ever before thanks in part to efforts by the Federation over the years. Additionally, the Federation sponsors programs that supports New Hampshire’s non-game wildlife. The impacts of the Federation are shared by citizens across New Hampshire. Your contribution can ensure our work will continue.