Including New Mexico Voices for Children in your planned giving provides you the opportunity of creating a legacy of helping New Mexico’s children and families. Generally, planned gifts are made through a bequest in a will; a charitable trust or annuity; or a gift of real estate, personal property (stocks or bonds), or life insurance. Often, a planned gift provides a means for an individual to make a larger gift than originally thought possible. And often, current income and estate taxes can be reduced.
Planned gifts can be directed by the donor to New Mexico Voices for Children or through our Endowment with the Albuquerque Community Foundation (505-883-6240).
Gifts of Life Insurance
When the original purpose of life insurance policy no longer exists, donating it to the New Mexico Voices for Children endowment can be a sound part of a financial plan. By naming NM Voices as the owner/beneficiary of a new or existing life insurance policy, the costs of the premiums for such a gift may be deducted from your taxable income.
Gifts through a Will
Including New Mexico Voices for Children in your will can be a convenient way to leave a legacy.
Gifts through a Charitable Gift Annuity
You can avoid capital gains tax, receive a one-time tax deduction, and receive an income from the gift for life. Cash and appreciated assets (like stocks and securities) may be used to fund these trust.
Gifts though a Living Trust
Many individuals establish trusts to provide for the management and final distribution of their assets.
Gifts through a Charitable Remainder Trust
A gift through a charitable remainder trust has dual benefits. First, the annual income goes to you or your designee for the remainder of your life or theirs. Second, this type of gift yields an income tax deduction in the year of its completion.
Gifts through a Charitable Lead Trust
A charitable lead trust can provide immediate endowment funding. Interest payments are devoted to the endowment for a period of time you choose. When the time has elapsed, the assets return to you or your designee.
For more information on planned giving alternatives, please contact our Fund Development Director Farah Council at 505-244-9505, ext. 111.
New Mexico Voices for Children is a 501(c)3 organization. Contributions are tax deductible to the extent allowed by law.
*Please contact your personal financial advisor to discuss the planned giving option most appropriate for you.