How to Help
Membership fee is $25.00
Membership / Memorials / Donations / Planned Gifts
Please Help Us Continue Our Work Helping Feral Cats
Your tax-deductible contribution ensures our continued success with this program.
(Printer Friendly Version)
YES! I would like to become a member of Friends of Felines
State:___________ Zip Code:__________________
I am already a member but I would like to make a general donation of: _________
I would like to make a special donation (circle one) in memory of / in honor of:
Name of person or pet: ___________________________
If pet, description/type: ___________________________
Total tax-deductible gift enclosed: ______________
Cat Food $20.00 ______________
Frontline Flea Spray $30.00 ______________
Carrier $30.00 each ______________
Trap $70.00 each ______________
Please mail to:
Friends of Felines
P.O. Box 475
Castle Hayne, NC 28429
Planned Gifts: Leaving a Legacy of Love
There are many ways a planned gift can help you accomplish your financial goals while providing important support for efforts to protect stray and feral cats. Planned gifts allow you to leave a powerful legacy of cat protection. These types of gifts can also help you to reduce capital gain tax, provide income tax deductions, and even generate a stream of income for life. A planned gift allows you to make a donation that may initially seem beyond your means. And, depending on your individual circumstances, a planned gift may provide state and federal tax advantages. In addition to tax benefits, life income gifts offer you a fixed or variable income (such as the charitable gift annuity, charitable remainder annuity trust, or charitable remainder unitrust) for life.
A charitable lead trust can be an excellent way to pass assets to your heirs, while providing gifts to Friends of Felines for a term of many years. There are many types of Trusts’, such as:
When a donor decides to leave assets to charity in a will, this is called making a bequest. The donor's estate will receive a charitable estate tax deduction, when the gift is made to charity.
A gift annuity is a contract between a charity and a donor. In return for a donation of cash or other assets, the charity agrees to pay a fixed payment for life to the donor or to a friend or family member of the donor's choosing. The donor also can claim a charitable tax deduction. If a donor funds a gift annuity with long-term capital gain property, the donor will have to report only some of the gain, and may be able to report it in installments over many years. Income from a gift annuity can be deferred for a period of years. Deferred gift annuities are often set up by younger donors to supplement retirement income.
Charitable Remainder Trusts
This trust makes payments, either a fixed amount (annuity trust) or a percentage
of trust principal (unitrust), to whomever the donor chooses to receive income. The donor may claim a charitable income tax deduction and may not have to pay any capital gains tax if the gift is of appreciated property. At the end of the trust term, your charity receives whatever amount is left in the trust. Charitable remainder unitrusts provide some flexibility in the distribution of income, and thus can be helpful in retirement planning.
Charitable Lead Trusts
This trust makes payments, either a fixed amount (annuity trust) or a percentage of trust principal (unitrust), to your charity during its term. At the end of the trust term, the principal can either go back to the donor (a grantor lead trust) or to heirs named by the donor (a non-grantor lead trust). The donor may claim a charitable income tax deduction for funding a grantor lead trust or a charitable gift tax deduction for funding a non-grantor lead trust. Since lead trusts are typically used to pass assets to heirs, non-grantor lead trusts are far more common than grantor lead trusts .
Life Insurance Policies
You can name your charity as the sole or partial beneficiary of a life insurance policy. Or, you can purchase a small life insurance policy that can produce a large death benefit for your charity. If a charity is the sole beneficiary, then the premiums are tax-deductible. To learn more about using your life insurance policy for your charity, please contact your financial advisor.
Retained Life Estates
A donor may make a gift of his personal residence or farm to Friends of Felines and retains the right to live there for the remainder of his or her life. The donor receives an immediate income tax deduction for the gift. At the donor's death, the charity can use or sell the property.
In addition to these options, you can also bequeath all or part of your 401K or IRA to the charity of your choice. Information on these plans can be found with your lawyer or from your personal financial advisor. Whatever your choice, leaving a legacy of love through charitable trusts and other financial aid will help carry on the work of saving cats long after you have passed on.
Top of Page