There are many ways you can donate to PVA.
Through a simple provision in your will you may make a gift to PVA. This is the easiest and most common type of planned gift. Making a bequest is an excellent choice if you want to maintain control of your assets during your lifetime and support Paralyzed Veterans in the future.
We can work with you and your advisors to craft specific bequest language that accurately reflects your gift intentions.
I give, devise and bequeath to the Paralyzed Veterans of America, chartered by the U.S. Congress and located in Washington, D.C. the sum of _________________ dollars or ____% of the Residue of my estate. (or otherwise describe the gift).
Paralyzed Veterans of America
David Fanning, Senior Director
Planned and Strategic Gifts
801 18th Street, NW
Washington, DC 20006
Telephone: 800-424-8200, ext. 7789
Tax ID #13-1946868
Chartered by the United States Congress
Status:Exempt - 501(c)(3)
Charitable Gift Annuity
A charitable gift annuity is a formal contract between you and PVA. It states that if you transfer assets (cash and/or marketable securities) to us, we agree to make fixed payments to you (or another beneficiary you designate) for life. Upon your death (or the death of the beneficiary), the remaining assets become available to Paralyzed Veterans.
It offers these benefits:
Potential increased income, a portion of which may be tax-free
You no longer have to worry about investment management and market fluctuations
Immediate charitable contribution deduction or lower income tax liability
Ability to avoid capital gains tax and reduce estate tax liability if any
The payout rate and charitable deduction for charitable gift annuities depends on the age of the donor and the number of beneficiaries. The older the donor is, the higher the payout rate is, and the higher the charitable deduction is for the year the gift is made.
Charitable Remainder Trust
A Charitable Remainder Trust (Charitable Remainder Unitrust) may serve as a potential inflation fighter since the trust is revalued annually and may provide increased income in later years
Similar to a charitable gift annuity, the charitable deduction is dependent upon the age(s) of the beneficiary (ies) and the payout rate. Some trusts may be established for a term of years.
This technique offers these benefits:
Annual income for life
Immediate charitable contribution deduction
Removal of asset from estate
Ability to avoid capital gains tax and reduce tax liability
Ability to select the Trustee and offer investment management guidelines
Potential inflation fighter since trust growth beyond payout can provide increased income in later years
Similar to a charitable gift annuity, the charitable deduction is dependent upon the age of the beneficiary. If you’d like to speak with a member of our staff, please contact us at (800) 424-8200, ext. 789. We’re also happy to work with your attorney or financial planner.
Revocable Living Trust
A living trust, also known as a revocable living trust or a family trust, is a legal document that holds title or ownership to your real property and assets. When you create a revocable living trust, you transfer ownership of your assets to the trust. Transferring assets is typically called "funding." When you transfer title you DO NOT relinquish any control. You can still buy, sell, borrow or transfer.
To many the living trust looks a lot like a will. It includes the details and instructions for how you want your estate to be handled at your death. However, unlike a will a properly funded trust:
Does not go through probate.
Prevents the courts from controlling your assets at incapacity.
Allows you to name beneficiaries including Paralyzed Veterans of America.
If you’d like to speak with a member of our staff, please contact us at (800) 424-8200, ext. 789. We’re also happy to work with your attorney or financial planner.