Gifts That Leave a Legacy
Gift in Your Will or Living Trust
Deepen Your Connections You want to leave money to Save the Children in your will. You also want the flexibility to change your will in the event that life circumstances change. You can do both. In as little as one sentence you can complete your gift:
“I give to Save the Children, a nonprofit corporation currently located at Fairfield, CT, or its successor thereto, [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
This type of donation to Save the Children in your will or living trust helps ensure that give children a healthy start in life, the opportunity to learn and protection from harm for years to come.
FreeWill.com/save – link to freewill page
A payable on death (POD) account
A POD bank account or certificate of deposit names one or more persons or charities as the beneficiary of all funds once you, the account owner, pass away. The beneficiary you name has no rights to the funds until after your lifetime. Until that time, you remain in control and are free to use the money in the bank account, change the beneficiary or close the account.
Gift of Life Insurance
Powerful and Simple Way to Support Our Work: When the original purpose for a life insurance policy no longer applies — such as educating children now grown or providing financial security for a spouse — your policy can become a powerful and simple way to support our work There are three ways to give life insurance to Save the Children: Name us a beneficiary of the policy; This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you. Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize. Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize. Make an outright gift of a new policy. You can take out a new policy and irrevocably name Save the Children as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize on your taxes.
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