Planned Giving

For more than six decades, the World Affairs Council has been the preeminent organization in Northern California dedicated to informing, engaging and connecting a community of global citizens with the most critical global issues of our day. Today more than ever, the landscape of pressing political, economic and social challenges we face at home and abroad demands international understanding and cooperation.

The work we do at the Council can change lives. It is through the renewed and lasting commitment in the form of bequests, charitable gift annuities and other life-income gifts that the future success and vitality of the Council is ensured.

GIFTS OF STOCK

Gifts of Stock may generate favorable tax benefits. If you make a gift to the World Affairs Council of publicly traded securities that have been held for at least a year and have risen in value since their purchase, you avoid paying capital gains tax and you receive a charitable deduction on your federal income tax equal to the fair market value of the donated securities.

Consult your attorney or accountant to discuss your tax situation and the advantages of making a gift of securities to World Affairs Council. The procedure for making a gift of stock varies depending on whether you are transferring securities electronically or contributing physically held shares.

CHARITABLE REMAINDER TRUST

Establish a tax-exempt irrevocable trust from which you, or a beneficiary of your choice, will receive income for life or for a term of years, following which the remainder of the trust goes to the World Affairs Council. This vehicle can provide an immediate income tax deduction, a gift or estate tax deduction, and capital gains tax deferral.

CHARITABLE LEAD TRUST

The reverse of a charitable remainder trust, it provides regular charitable distributions to the World Affairs Council for one or more years or a specified period of time, after which the remainder of the irrevocable trust reverts to you or is transferred to your heirs. This vehicle may also provide an income tax and transfer tax deduction.

BENEFICIARY DESIGNATION

Designate the Council as the beneficiary of your retirement assets or life insurance policy. Leaving retirement assets to the World Affairs Council will prevent their double taxation (income and estate), allowing you to direct more tax-favorable assets to your other beneficiaries. Designating the Council as the beneficiary of a whole or portion of your life insurance policy might enable you to make a larger gift than would otherwise be possible.

WILLS AND BEQUESTS

Provide a future gift to the World Affairs Council by including a bequest provision in your will or revocable trust. A bequest is one of the simplest and most popular ways to make a planned gift. You may designate a specific dollar amount or percentage of your estate or trust through a codicil or trust amendment without having to redraft your entire will.

TYPES OF BEQUESTS

SPECIFIC BEQUEST:

A gift of a specific dollar amount or other specific assets, such as real estate, securities or personal property.

RESIDUAL BEQUEST:

The remainder of your estate after providing for family and friends and paying all debts.

PROPORTIONAL BEQUEST:

A gift of a percentage of your estate.

ALTERNATIVE BEQUEST:

Allows a designated individual or organization to benefit from your estate, in the event that your named beneficiaries predecease you or cannot accept your bequest.

For additional information about including the World Affairs Council in your estate plans or planned giving, please do not hesitate to contact us.

The World Affairs Council of Northern California is a 501(c) (3) not-for-profit organization.
Federal Tax I.D. Number: 94-1156356