Planned giving makes every dollar go further. To maximize your charitable giving, as well as fulfill your own financial needs, you can help fund the future of The Perennial Plant Foundation through your estate planning. Making a gift through your estate is one of the most effective ways to ensure that we can carry on our mission to foster the future of the perennial plant industry through scholarships and activities that connect students and professionals across generations and levels of experience. The Perennial Plant Foundation invites you to join other supporters who have already taken the steps necessary to ensure the future of our organization. We look forward to working with you to design a gift that meets your charitable and financial goals.
Easy giving options include bequests and retirement plan assets. For more information contact katie@woodybibens.com.
Bequests
A gift from a will (or from a trust) allows you to make a future donation to the Perennial Plant Foundation. Specific bequests state a specific amount or asset amount. It may be a gift of cash, securities, real estate or tangible personal property.
The following are samples of appropriate bequest language to share with your attorney:
Example:
I give [specific dollar amount or asset] to the Perennial Plant Foundation (Tax ID/EIN 31-1748396) or its successor to be used for the unrestricted needs of the organization.
Residuary bequests name The Perennial Plant Foundation as the recipient of all or a percentage of the remainder of the estate after specific bequests have been fulfilled.
Examples:
I give [X percent] or [the remainder] of my residual estate to The Perennial Plant Foundation (For its successor for the unrestricted needs of the organization.
Retirement Plan Assets
Retirement plan assets are often considered the attractive option for making a planned gift since these are among the most tax-burdened assets in an estate. Making a future gift of retirement plan assets to the Perennial Plant Foundation may reduce estate tax liability while allowing you to leave assets that receive more favorable tax treatment to other beneficiaries (i.e., your descendants).
To make a charitable gift of retirement assets, you need to complete a beneficiary designation form naming The Perennial Plant Foundation as a percentage beneficiary. When designating a charitable organization, please remember to include the complete organization name and address, as well as the organization’s Employment Identification Number (Tax ID/EIN: 31-1748396) to ensure accuracy.
The Perennial Plant Foundation
PO Box 6595 Raleigh, NC 27628
Tax ID/EIN: 31-1748396
There are many vehicles to making a planned gift and the above is a brief overview. This information is not intended to provide tax or legal advice and should not be relied on as such. Potential donors should consult with their legal and tax counsel to understand the implications of a specific charitable gift. If you have any questions, please contact katie@woodybibens.com.
Contact Information:
Perennial Plant Foundation
PO Box 6595, Raleigh, NC 27628
(888) 440-3122
katie@woodybibens.com
EIN: 31-1748396