Planned Giving

 
 

Give a Legacy Gift

Angel 03 June 2017By giving a legacy gift, you can help ensure that Elmbrook Humane Society, Inc. will continue to provide shelter for homeless animals, promote the human animal bond, and prevent animal cruelty and neglect—far into the future.

Gift planning should be part of your overall estate plan, which is designed to provide critical financial resources for you and your family and to also identify how you wish to provide a permanent legacy for Elmbrook Humane Society, Inc.  It is important that you with trusted estate planners such as an attorney, accountant or financial advisor to accomplish this.

It is also helpful to talk with a member of Elmbrook Humane Society’s Development Department; contact Anita Alfaro at anita@ebhs.org  or 262-782-9261 to confirm that your wishes are clear and achievable and that you have included the proper name and address for our organization. Options to consider as you think about gift planning include:

Your Will

NewBalance_01The cornerstone of an estate plan is a properly written will.  Through your will, you may make a gift to Elmbrook Humane Society, Inc. without tapping into your personal assets during your lifetime.

  • You may identify a percentage of your estate or a specific dollar amount or asset you wish to give, or
  • Make a residual bequest which specifies that after all your heirs and beneficiaries have received their distribution, the remainder of your estate is given to Elmbrook Humane Society Inc., or
  • Make a contingent bequest which specifies that if all your heirs and beneficiaries have passed before you, your estate or a portion of it is given to Elmbrook Humane Society Inc.

If you choose to include Elmbrook Humane Society, Inc. in your will, it is important that you use the full name and street address for our agency. This will help your executor and attorney with the distribution you have planned. Our address is:

Elmbrook Humane Society, Inc.
20950 Enterprise Ave.
Brookfield, WI  53045

FEIN# 39-6091712

 

Life Insurance

Kit and Honey 01Life insurance may be an excellent way to make a substantial gift to Elmbrook Humane Society, Inc.  One of the easiest ways is to name Elmbrook Humane Society Inc. as a beneficiary of an existing insurance policy. As with a will, you may give a percent of the value of the policy or the entire policy.

If you have an existing policy which is no longer needed you may want to consider transferring the ownership of the policy to Elmbrook Humane Society Inc.  If the policy premiums are paid in full there is no cost to you or Elmbrook Humane Society Inc. and you generally are eligible for an income tax deduction.

There are other ways to use life insurance as a part of your gift planning. You may discuss the options with your financial advisor, attorney or a representative from Elmbrook Humane Society’s Development Department.

Qualified Retirement Plans

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Using a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, TIAA/CREF or other pension plan may provide another gift option. Since, after your death, these assets are heavily taxed when they are transferred to anyone other than your spouse, gifts to the individuals you designate are greatly diminished. You may prefer to name Elmbrook Humane Society Inc. as a beneficiary of a portion of your remaining plan assets. This would enable you to make a charitable gift – free of estate and income taxes – after your death.

Endowments

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Endowed funds may be established by individual donors, families or companies to honor or remember someone special to them. A minimum gift of $10,000 is required. Once in place, the fund will be a part of Elmbrook Humane Society Inc. endowment program and will be carefully managed to provide in perpetuity an annual income for a program of special interest to the donor or the person being honored or remembered.

 

Luigi 06.02.17Elmbrook Humane Society Inc. has created several permanent endowments which provide ongoing support for specified needs:

  • Elmbrook Humane Society Inc. Endowment
    This permanent endowment is used to support the operations and capital needs of Elmbrook Humane Society Inc.
  • Education Endowment
    This permanent endowment is used to support internal and external education programs, as well as community outreach.

 

Questions?  Contact Anita Alfaro at anita@ebhs.org or 262-782-9261