Legacy gifts
Legacy gifts to the Jeannette Rankin Foundation have significant impact and increase our capacity to award more Scholar Grants to women across the country. Gift options are abundant and can be made by an individual or on behalf of a loved one, friend or mentor.
Legacy gift options for today
Appreciated Securities: A form of stocks or mutual fund, appreciated securities provide donors’ tax benefits and are a valuable benefit to Jeannette Rankin Foundation.
Certificate of Deposit: A certificate of deposit is a brokerage account that lists Jeannette Rankin Foundation as the beneficiary. Financial institutions or advisers can assist with this easy process.
Real Estate or Tangible Personal Property: Real estate may be deeded to the Jeannette Rankin Foundation or left by a bequest. JRF advisers review and approve real estate and gifts of personal property to ensure the gift is suitable to both you and the Jeannette Rankin Foundation.
Charitable Remainder Trust: This is an irrevocable gift of assets into a charitable trust that provides donors with a fixed or variable income for a set term or for life. At the trust’s termination, the assets become a generous gift to the Jeannette Rankin Foundation. This avenue may also provide donors’ potential tax benefits.
Charitable Lead Trust: A charitable lead trust is a gift of cash or property to an irrevocable trust, in which the beneficiary’s income payments are distributed to the Jeannette Rankin Foundation for a predetermined period of time and then transferred back to the grantor or the beneficiary. Charitable trusts are flexible and powerful tools that reduce tax burden, increase current or future income and provide vital support to JRF.
Legacy gift options for tomorrow
Bequests: One of the simplest ways to give to the Jeannette Rankin Foundation is to include a bequest in your will. A bequest is a gift through a will or revocable trust that enables donors to retain the asset during their life and gift the asset once they pass on. Making a bequest may decrease estate taxes.
Beneficiary Designations: Naming the Jeannette Rankin Foundation as a beneficiary under a retirement fund, life insurance policy, donor advised fund or commercial annuity can help avoid heavy estate taxes, enabling the asset to pass tax free to JRF. Donors may also name JRF a percentage beneficiary or a contingent beneficiary of a retirement plan.