For Fort Worth residents who are struggling with homelessness, Presbyterian Night Shelter is a haven, offering food, shelter and the opportunity to ignite the journey from homeless to home. The shelter’s goal is to equip guests so they can successfully transition to a safe, stable and independent lifestyle, ultimately ending chronic cycles of homelessness.
If you would like to extend your support of Presbyterian Night Shelter to make a lasting impact from a will or bequest, there are a variety of ways you can do so that benefits you and your estate. Let’s partner together to plan your legacy gift to Presbyterian Night Shelter. By documenting your intention to provide a legacy gift, you will become a member of the 1984 Legacy Society.
Ways to Give
Gifts by Bequest
A bequest is perhaps the easiest and most ﬂexible way to have a lasting impact on Presbyterian Night Shelter. You can name the shelter as a beneficiary in your will or living trust; designate a gift of a specific dollar amount; give a particular asset; a percentage of your estate; or the remainder of your estate once all of your other bequests have been fulfilled. With a bequest, you maintain complete control of your assets during your life and can reduce income taxes, capital gains taxes and estate taxes.
For a specific bequest in wills or trusts, use the following suggested bequest language. Please share this information with your attorney or other advisor:
I give and devise to Presbyterian Night Shelter (Tax ID # 83-2124862)
Located in Fort Worth, Texas, the sum of $______ to be used for its general support (or the support of a specific fund or program).
For contingent, residual or other types of bequest language, please contact:
Brenda Rios, Vice President of Development
Naming Presbyterian Night Shelter the beneficiary of many of your financial resources can be as simple as making Presbyterian Night Shelter a full or partial beneficiary of these accounts. In most cases, all you need to do is complete a revised beneficiary designation form with the company holding your assets. These can include your IRA, 401(k) and other retirement plans; bank accounts; commercial annuities; life insurance policies; and other assets. A beneficiary designation can reduce income taxes and, possibly, estate taxes for your loved ones.
Life Income Gifts
A life income gift to Presbyterian Night Shelter can be designed to produce benefits for you and Presbyterian Night Shelter at the same time. In exchange for your gift, we agree to pay you a fixed payment for life. Whatever is left will benefit Presbyterian Night Shelter. This type of gift is particularly attractive because you often can reduce taxes, increase your spendable income and, at the same time, make a gift that will have a substantial impact on the future of Presbyterian Night Shelter. You benefit now, and we benefit later.
Gifts From Your IRA / Qualified Charitable Distribution (QCD)
If you are 70 1/2 or older and have an IRA, you can ask your IRA administrator to make a gift of up to $100,000 per year directly to Presbyterian Night Shelter, allowing you to support the shelter and reduce your taxes at the same time. Only traditional and Roth IRAs are eligible for this type of gift. The distribution to Presbyterian Night Shelter will help satisfy your required minimum distribution (for those 72 and older) and reduce your taxable income.
Want to Know More?
Please contact us at firstname.lastname@example.org or 817-632-7414.
Planned Giving Investment and Management
Planned gifts are invested and managed by the Presbyterian Night Shelter Endowment Foundation, Tax Identification Number: 83-2124862.
Our address and contact information for Planned Giving is:
Brenda Rios – Vice President of Development – 817-632-7414 – email@example.com
Presbyterian Night Shelter – PO Box 2645 – Fort Worth, TX 76113
All information regarding Planned Giving is held in the strictest of confidence and donors may choose to remain anonymous.
The information contained on this webpage is for informational purposes only and is not intended to serve as legal or tax advice.