What is planned giving?
This is the best way to combine your personal financial objectives with your charitable goals. These gifts are made over time, and have several tax benefits that ensure a legacy of social change. A planned gift to Ashoka helps to ensure the future of the services and programs we provide in your community and worldwide, and can further your financial planning goals.
Planned gifts include contributions you can make through your will, charitable trust, insurance policy, or retirement plan.
How do I include Ashoka in my will?
Many of our supporters make charitable gifts by naming Ashoka: Innovators for the Public as a beneficiary in their wills. The federal government encourages these gifts or bequests by allowing an unlimited estate tax charitable deduction.
There are three ways to make a bequest:
You designate a specific dollar amount, specific percentage, or specific property to Ashoka.
Your estate will pay all debts, taxes, expenses, and specific bequests. The remaining amount—the residue—will be transferred to Ashoka.
You can ask that Ashoka receive all or a portion of your estate only under certain circumstances. For example, you can designate Ashoka: Innovators for the Public as a beneficiary of your estate only if there are no surviving close family members. Childless couples sometimes provide for the entire estate to go to the surviving spouse, or if the spouse does not survive, to Ashoka.
Other ways to give:
Through a Retirement Plan—by naming Ashoka as beneficiary of all, or a portion of, your retirement account assets such as your IRA, 401(k), 403(b), Keogh, or other qualified plan.
Through an Insurance Policy or Annuity—by naming Ashoka as first, second, or as contingent beneficiary of a life insurance policy or annuity.
Once you decide you would like to support Ashoka's work, simply provide your attorney with our legal designation language:
Ashoka: Innovators for the Public
1700 North Moore Street
Arlington, VA. 22209-1929
Ashoka is a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. Ashoka's tax identification number is 51-0255908.
The following language will also be helpful to your lawyer:
I give, devise, and bequeath to Ashoka: Innovators for the Public, the sum of _____ (or otherwise describe the gift or specify a percentage of the estate).
Have you already left a legacy to Ashoka?
Many people have already completed their estate plans and have remembered Ashoka.
If you have named us as a beneficiary of your will, living trust, life insurance, retirement plan or other estate plan, we hope that you will let us know. By doing this, you will help Ashoka plan for the future and help ensure that your wishes are carried out after your lifetime.
We appreciate your support for Ashoka and for helping to develop the profession of Social Entrepreneurship around the world.
If you have remembered Ashoka in your estate plans or would like more information about how to leave a legacy to Ashoka, please contact:
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