Your Legacy. Their Future. Our Community.
Make a Big Impact With a Future Gift
When you include RealOptions in your estate plan, you not only take advantage of the tax benefits of charitable giving, but you also help secure the future of our purpose and mission for generations to come.
Legacy giving is a form of charitable giving that allows you to make a gift to RealOptions in the future without substantially affecting your income today. There are various legacy giving options:
Gifts that Pay You Income:
Testamentary Charitable Remainder Trust
Often referred to as a "Give-it-Twice" trust, a testamentary charitable remainder trust is established by a bequest from the donor, often from their IRA account or other retirement plan assets. This structure allows for a series of payments to children for a select term of years and avoids the negative income tax consequences of a lump sum withdrawal. When the trust ends, any remaining trust value transfers to the charity as instructed.
Continue supporting our work even after your lifetime by naming us as beneficiary:
- Gift of Life Insurance
- Insurance Annuity Assets (gift of policy or name charity as beneficiary)
- Individual Retirement Account (IRA)
- Other retirement or pension accounts
Gifts You Make Today
- Charitable IRA Rollover (Direct Distribution of your required minimum distribution)
- Memorial and Honorary Gifts
- Charitable Lead Trusts
- Donor Advised Funds
Gifts That Make an Impact after Your Lifetime
How to make a bequest:
Please seek advice. We recommend that you seek advice from an estate attorney to ensure that the wording of your will reflects your exact wishes. You may also wish to speak to an accountant with respect to taxation and financial matters. It is important to remember to review your will regularly when life circumstances change. We may have a list of attorneys and Certified Public Accountants to provide you with some reputable referrals.
There are several types of bequests:
Unrestricted bequest from Will:
"I hereby give $20,000 [or 20% of my residuary estate] to RealOptions, a California nonprofit corporation (EIN 94-2820673), of San Jose, California."
Restricted bequest from Will:
"I hereby give $20,000 [or 20% of my residuary estate] RealOptions, a California nonprofit corporation (EIN 94-2820673), of San Jose, California, to be used for __________."
Unrestricted bequest from Trust:
"$20,000 [or 20% of the residue of the trust estate] is to be distributed to RealOptions, a California nonprofit corporation (EIN 94-2820673), of San Jose, California."
Restricted bequest from Trust:
"$20,000 [or 20% of the residue of the trust estate] is to be distributed to RealOptions, a California nonprofit corporation (EIN 94-2820673), of San Jose, California, to be used for __________."
The RealOptions Endowment Fund:
An endowment is a permanent fund established for the ongoing financial support of vital ministries. An endowment fund is prudently invested with the goal of producing both current incomes to support the work of the ministry, and long term growth in principle to protect against inflation and meet future ministry needs. Each year only a portion of the proceeds, or earnings, of the fund are used; never the principal. Click to learn more about The RealOptions Endowment Fund with The National Christian Foundation.
*All donations received are considered as unrestricted contributions unless explicit in writing between the donor and RealOptions. If you would like to restrict your gift for a specific purpose, please discuss your plans with the Planned Giving Department to be sure that such a fund is within RealOptions programs and that any minimum funding thresholds will be met.
Please contact our Chief Executive Officer for more information regarding restricted bequests, endowments, bequests of retirement plan assets, or testamentary planned gifts. Thank you for your generous consideration of our life affirming work.
Valerie Hill, CEO