Planned Gifts

By making a Planned Gift to the Institute for Healing of Memories – North America you are creating a more peaceful and just world for all.  You can pass on a better world to future generations where healing, reconciliation and just societies are the norm. Planned Gifts can be a way to make a bigger impact then you ever thought possible.

Types of Planned Gifts

Charitable IRA Rollover (also referred to as Qualified Minimum Distribution)

If you’re 70 ½ years or older, you can donate up to $100,000 from your IRA to charities of your choice without having to paying income tax on the donation. The funds must be transferred directly to the charity.

Life Insurance and Retirement Plans

You can choose to designate a portion of all of your Life Insurance or IRA/401 (k) or other retirement plans to a non-profit. It may provide the opportunity to make a larger gift and heirs benefit as well since both are exempt from estate tax.

Bequest

This is the most popular type of Planned Gift. A Bequest is a gift made through a will or living trust. A Bequest is usually a set dollar amount or percentage of an estate that goes to a nonprofit after the donor’s death.

Charitable Gift Annuities

A charitable gift annuity provides you a fixed income payment for life in return for transferring an irrevocable gift of cash or securities. While providing for yourself and your family, you are making a lasting impact to create peace in the world. You also qualify for tax-benefits including a federal income tax-deduction when you itemize.

If you have any questions, please contact Gloria Hage, Executive Director, at 646-397-7652 or ghage@healingofmemories-a.org

When including the Institute for Healing of Memories – North America in your giving plans, our Tax ID Number is 26-4684365.