Supporting Farmsteads
Ways to Give - Ways to Help
Make a difference
through charitable giving .
If you have a retirement account and are 72 or older, you are required to take a minimum income distribution each year. This is taxable income for some, but when you give a gift directly from your retirement account to Farmsteads of New England, the IRS does not tax that portion as income. A simple phone call is all that is needed.
Call the custodian of your IRA account and have a conversation about making a charitable gift. The IRS allows an individual to contribute up to $100,000 annually to Farmsteads of New England or other qualified charity. Your gift will go immediately to the vital work of Farmsteads, and you receive the tax benefits.
You protect your cash assets when you choose a beneficiary for your checking or savings account, your retirement savings account, or an insurance policy. No attorney. No hassle. All it takes is a simple designation.
This is a no-cost, simple way to protect your assets, reduce tax burdens for your family, and create a legacy of generosity and caring. You also have the option to name more than one beneficiary.
A beneficiary designation is a simple, affordable way to give back and put your hard-earned savings to work for the people and causes you care about most.
For more information, contact us today: info@farmsteads-ne.org
Remembering Farmsteads of New England in your will or trust
A common and simple way of supporting Farmsteads of New England is by making a provision in your will or trust.
Your will or trust designates your beneficiaries and spells out your final wishes called bequests. The beneficiaries would include your heirs, of course, but many people include provisions for charitable organizations as well. It is our hope that you will consider including Farmsteads in your plans.
The following suggested forms of bequests are examples that can be adapted by you and your attorney to meet your specific intentions.
Specific Bequest
A specific bequest names a particular dollar amount to be left to Farmsteads of New England.
“I give and bequeath to Farmsteads of New England, a New Hampshire non-profit corporation, Tax ID number 02-0517433, with offices at 213 Center Road, Hillsborough, NH 03244, the sum of $ ___________ to be used for the general purposes of the organization (or to be used for a specific purpose described here).”
Residuary Bequest
A residuary bequest first leaves specific amounts to family members, friends, or other charities, and then designates that all or part of what remains should go to Farmsteads of New England.
“I give and bequeath to Farmsteads of New England, a New Hampshire non-profit corporation, Tax ID number 02-0517433, with offices at 213 Center Road, Hillsborough, NH 03244, all (or stated percentage of) the rest, residue, and remainder of my estate to be used for the general purposes of the organization (or to be used for a specific purpose described here).”
Contingent Bequest
A contingent bequest names Farmsteads of New England to receive part or all of your estate in the event your designated beneficiaries predecease you.
“If any beneficiary named in this will is not living at my decease, then I give and bequeath to Farmsteads of New England, a New Hampshire non-profit corporation, Tax ID number 02-0517433, with offices at 213 Center Road, Hillsborough, NH 03244, any bequest which said beneficiary would have received if he or she had survived me.”
If you have any questions, contact us today: info@farmsteads-ne.org
STOCK GIFTS
Many donors prefer to make gifts of appreciated stocks, bonds or mututal funds because these gifts can have a large impact of the mission of Farmsteads, while maximizing potential tax benefits for you by avoiding paying tax on capital gains.
To make a gift of stock, please share the following information with your broker:
Vanguard, DTC# 0062, Account #31182000,
and please notify info@farmsteads-ne.org so that we know to expect your gift and provide you with a receipt.
Questions about supporting Farmsteads?
Contact us today and we'd be happy to answer any questions you may have.
LOCATIONS
At Rosewald Farm
213 Center Road
Hillsborough, NH 03244
At Redberry Farm
38 Plumer Road
Epping, NH 03042