Planned Giving
A planned gift to Washington Toxics Coalition is a powerful and thoughtful way to share your dedication to Washington's environmental health with future generations.
Bequests
One of the easiest ways to protect our environment is to leave a charitable bequest to Washington Toxics Coalition. A bequest is a gift to an individual, institution or charity from an individual's estate after the group has been named as a beneficiary in his or her will.
A bequest to Washington Toxics Coalition is free from federal and state taxes. The amount of the bequest is deducted from your estate total, offering substantial savings by decreasing the value of the estate subject to taxation. There is no limit to the amount of your estate that can be left to charitable organizations.
For gifts that take effect after your lifetime, we suggest you name Washington Toxics Coalition as follows: "...Washington Toxics Coalition, a nonprofit membership organization, incorporated by the laws of the State of Washington, having as its principal address 4649 Sunnyside Avenue North, Suite 540, Seattle, WA 98103."
Retirement Plans
You can name Washington Toxics Coalition as a beneficiary of your 401(k), IRA, or other retirement accounts. Gifts from pension plans are issued free of federal taxes.
Life Insurance
Life insurance policies allow several ways to give. You can donate a paid policy that you no longer need (smaller policies are often set up during child-raising years to provide support for spouses) by naming Washington Toxics Coalition as the beneficiary and policy owner. In return, you will receive an immediate tax deduction based on your cost basis in the policy, and it will reduce the value of your estate by the full face value of the policy, potentially reducing estate taxes. Upon your death, the life insurance proceeds will be passed on to Washington Toxics Coalition.
Questions?
We suggest that you involve a legal advisor in making changes to your estate. If you have any questions about how these gifts are accepted or used at Washington Toxics Coalition, please contact Gylan Green, Finance Director, at (206) 632-1545 ext 110 or email ggreen@watoxics.org. Thank you!
