Designate and Donate — Introduction

Gifts Anyone Can Make

There are several simple and savvy ways that you can support without reducing your income or diminishing your savings.

Think about using assets that can be transferred to without legal expense. You may have bank investments, retirement, insurance, stock, or mutual-fund accounts that you can use to accomplish your charitable goals. All of these assets can be transferred by completing a POD (Pay on Death) or TOD (Transfer on Death) form. Some companies also call these beneficiary designation forms. This completed form tells the account custodian what to do with the account after your passing.

You can name in your long term plans today without a negative impact on cash flow or lifestyle. Keep it simple and savvy. Ask your bank for a POD form. Ask your retirement plan, investment account or insurance company for a TOD form. Designate and donate with any of these assets. It takes less than five minutes of your time.

Benefits of Naming In Your Long-Term Plans

• You can make a gift that costs you nothing during your lifetime.
• You can make a gift and leave your cash flow and current financial planning unchanged.
• You can make a gift with appreciated assets and save taxes.

Retirement Plans

Ask the plan custodian for a TOD (Transfer on Death) form. Some companies also call these forms beneficiary designation forms.

Learn more about designating and donating a portion or all of your retirement plan.

Stocks and Investments Fund Accounts

Ask the brokerage or mutual fund custodian for a TOD (Transfer on Death) form. Some companies also call these beneficiary designation forms.

Learn more about designating and donating appreciated stock or mutual fund account plan.

United States Savings Bonds

Learn more about designating and donating savings bonds.

Life Insurance

Ask the insurance company for a TOD (Transfer on Death) form. Some insurance companies also call these beneficiary designation forms.

Learn more about designating and donating a portion or all of your life insurance policies.

Bank Accounts

Ask the bank for a POD form (Pay on Death). After your passing, what remains in the checking or savings account will be transferred to .

Learn more about designating and donating your bank accounts.

Jointly-Held Accounts

You may have a loved one as the joint owner of an account. You can still designate and donate.

Learn more about designating and donating jointly-held accounts.