A bequest is a heartfelt gift made through your will or family trust. It is one of the most popular and flexible ways to show your support for Sweet Adelines International. There are a number of ways to make a bequest to Sweet Adelines International.

Specific Bequest: A specific bequest involves making a gift of an asset such as real estate, other property, or a gift for a specific dollar amount from your estate. For example, you may wish to leave your vacation home or $10,000 USD to Sweet Adelines International.

Percentage Bequest: Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Sweet Adelines International.

Residual Bequest: A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Sweet Adelines International.

What are the benefits of making a bequest?

1. You leave a lasting legacy to be remembered
2. You lessen the burden of taxes on your family
3. You may receive estate tax savings

To learn more about bequests, contact Susan Smith at 1-918-388-8040 or susan@sweetadelines.com.

Donors providing written documentation that they have named Sweet Adelines International in their estate plan are recognized as members of the Nancy Bergman Legacy Society.

Please view the benefits of being part of the Nancy Bergman Legacy Society.

An IRA, set up through a U.S. financial institution, lets you save for retirement with tax-free growth or on a tax-deferred basis. It provides options that can benefit both you and Sweet Adelines International.

Charitable IRA Rollover: You can use your IRA to fulfill your charitable goals and help further the mission of Sweet Adelines. If you are 70 1/2 or older you can take advantage of a qualified charitable distribution (QCD). Through a QCD, you can enjoy substantial benefits with tax savings while making a meaningful impact on Sweet Adelines International.

Benefits of an IRA charitable rollover:

• Avoid taxes on transfers of up to $105,000 from your IRA to our organization
• If you are 72* or older, it may satisfy your required minimum distribution (RMD) for the year
• Reduce your taxable income, even if you do not itemize deductions
• Help further the mission of our organization

       *73 if you reach age 72 after Dec. 31, 2022

How an IRA charitable rollover gift works:

1. Contact your IRA plan administrator to make a gift from your IRA to us.
2. Your IRA funds will be directly transferred to our organization in support of our mission.
3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
4. Please contact us if you wish for your gift to be used for a specific purpose.

IRA Beneficiary: Naming Sweet Adelines International as a charitable beneficiary of your IRA account is a simple and economical way to leave a legacy through your gift. A charitable gift designation may also be made from your 401(K) or any retirement plan.

Charitable Gift Annuity Funded with an IRA Rollover: If you are 70 1/2 or older you may distribute up to $53,000 per plan owner or $105,000 for spouses tax-free from your IRA to create a Charitable Gift Annuity. For individuals who are subject to the RMD, your rollover from your IRA may qualify for your annual RMD distribution. You will not pay income tax on the amount you transfer to create your CGA.

For more details about how to make a gift from your IRA or 401(K), contact Susan Smith at 1-918-388-8040 or susan@sweetadelines.com.

You can make a meaningful impact on Sweet Adelines International by setting up a charitable gift annuity. A charitable gift annuity allows you to donate an asset such as cash or appreciated securities and receive fixed payments for life, starting immediately or at a future date of your choosing – and part of your income from the charitable gift annuity may be tax free. The donor also receives a charitable income tax deduction for a portion of the gift that creates the charitable gift annuity.

Charitable Gift Annuity Funded with an IRA Rollover: If you are 70 1/2 or older you may distribute up to $53,000 per plan owner or $105,000 for spouses tax-free from your IRA to create a Charitable Gift Annuity. For individuals who are subject to the RMD, your rollover from your IRA may qualify for your annual RMD distribution. You will not pay income tax on the amount you transfer to create your CGA.

For more details about charitable gift annuities, contact Susan Smith at 1-918-388-8040 or susan@sweetadelines.com.

With a charitable remainder trust, you can transfer appreciated assets, such as securities or real estate, into the charitable remainder trust. The charitable remainder trust sells the assets, and there is no capital gains tax due at sale. The liquid assets in the charitable remainder trust are then invested to pay the donor a selected percentage payout for life or a term of years. The donor also receives a charitable income tax deduction for a portion of the gift that is transferred into the charitable remainder trust.

For more details about charitable remainder trusts, contact Susan Smith at 1-918-388-8040 or susan@sweetadelines.com.

Think of a donor-advised fund (DAF) as your own charitable savings account. You can steadily deposit assets into it and then direct those funds to support Sweet Adelines International whenever you are ready.

For more details about Donor Advised Funds, contact Susan Smith at 1-918-388-8040 or susan@sweetadelines.com.

When you donate assets like stocks, bonds, securities, or tangible property to Sweet Adelines International, you make a personal investment in our cause. Your generosity qualifies you for a charitable deduction and also offers potential tax benefits, helping you support Sweet Adelines International while maximizing your financial resources.

Stocks: Donating stock to Sweet Adelines can bring you significant tax advantages. If you have held stock for over a year and its value has risen, contributing it to Sweet Adelines International allows you to bypass capital gains taxes and receive a charitable income tax deduction for the full current fair market value while supporting our cause.

Real Estate: Sweet Adelines International welcomes the opportunity to discuss donations of real property, whether it is your cherished family home, a vacation retreat, land, a farm, commercial space, or any other real estate. Choosing to gift real estate to us may qualify you for a charitable income tax deduction equal to the property's full fair market value. Additionally, you will not have to pay capital gains tax on the transfer, making it a beneficial way to support Sweet Adelines International.

For more details about gifts of assets, contact Susan Smith at 1-918-388-8040 or susan@sweetadelines.com.