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Planned Giving Inquiry
Planned giving is the inclusion of a charitable gift in your financial, tax, or estate plan. It allows you to support Shineforth’s mission in a meaningful, lasting way while also creating potential financial benefits for you and your beneficiaries. Your legacy gift helps change lives for years to come.
Planned Giving Options
Bequests by Will
Your Goal:
Make a gift to Shineforth after your lifetime.
How it Works:
Designate Shineforth as the beneficiary in your will or living trust, indicating a specific amount, percentage, or a share to Shineforth. Please use our full legal name: Shineforth of Virginia, EIN #54-0505969.
Benefits:
Estate tax charitable deduction. Use and ownership of your property and assets while you are alive.
Gift of Life Insurance
Your Goal:
Utilize a life insurance policy to make a charitable gift, enabling you to make a larger gift than you might be able to make with other assets.
How it Works:
Fill out a change of ownership form with your insurance company designating Shineforth as the new owner. Please use our full legal name: Shineforth of Virginia, EIN #54-0505969.
Benefits:
Reduced income taxes and estate taxes. Maintain privacy since a life insurance gift is not a matter of public record. You can donate an existing policy or purchase a new policy specifically for charitable use.
Gift of Retirement Plan (IRA, 401(k), etc.)
Your Goal:
Make a gift to Shineforth after your lifetime, and maintain control of your assets during your life. For information about making an IRA donation during your lifetime, CLICK HERE.
How it Works:
Complete a beneficiary designation form that names Shineforth as a beneficiary of your retirement plan. Please use our full legal name: Shineforth of Virginia. You can also include our EIN #54-0505969.
Benefits:
Estate tax charitable deduction. Use and ownership of your property and assets while you are alive.
Get in Touch
If you have any questions or want to discuss your options for planned giving, please contact Associate Director of Development Julia Bell at [email protected] or 804.533.2947.