Planned Giving

One Mission, Countless Opportunities

Planned giving provides continued support and creates meaningful financial donor benefits.

Planned gifts are a meaningful way to give because they will help ensure the future of High Hopes for generations to come, while providing you or your estate with significant tax benefits. ​We welcome the opportunity to discuss a planned giving solution that meets both your financial and philanthropic goals. We suggest that you ​also consult with your financial advisor, attorney or accountant about ​specific planned gift​s and to determine which option might be best for you.

Giving at High Hopes

About Bequests

A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to High Hopes that will make a lasting impact. The benefits of a bequest include:

• Receive an estate tax charitable deduction
• Reduce the burden of taxes on your family
• Leave a lasting legacy to High Hopes

With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or High Hopes as part of your estate plan, or you can make a bequest using a beneficiary designation form. Here are some of the ways to leave a bequest to High Hopes:

• Include a bequest to High Hopes in your will or revocable trust
• Designate High Hopes as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
• Name High Hopes as a beneficiary of your life insurance policy

A bequest may be made in several ways, including: percentage bequest, making a gift of a percentage of your estate; specific bequest, making a gift of a specific dollar amount or a specific asset; or residual bequest, making a gift from the balance or residual of your estate. Looking for sample bequest language? Click here to download a PDF! If you have been so generous as to include a bequest to High Hopes as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.

About IRA Rollovers

Congress has enacted a permanent IRA charitable rollover. As a result, you can make an IRA rollover gift this year and in future years. If you are 70½ or older, you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue our work and benefit this year. Benefits of an IRA charitable rollover include:

• Avoid taxes on transfers of up to $108,000 from your IRA to High Hopes
• May satisfy your required minimum distribution (RMD) for the year if you are 73 or older
• Reduce your taxable income, even if you do not itemize deductions
• Make a gift that is not subject to the deduction limits on charitable gifts
• Help further the work and mission of High Hopes

How an IRA charitable rollover gift works: First, you would contact your IRA plan administrator to make a gift from your IRA to us. Then, your IRA funds will be directly transferred to High Hopes to help continue our programming and services. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction, and please contact us if you wish for your gift to be used for a specific purpose. If you are 70½ or older, you can use your IRA to fulfill your charitable goals. We will acknowledge your generous gifts as a qualified charitable distribution, which may satisfy your RMD, if you are 73 or older.

About Beneficiary Designation Gifts

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension, or other tax-deferred plan, is an excellent way to make a gift to High Hopes. If you are like most people, you probably will not use all of your retirement assets during your lifetime. You can make a gift of your unused retirement assets to help further our mission. Benefits of gifts of retirement assets include:

• Simplify your planning
• Support the causes that you care about
• Continue to use your account as long as you need to
• Heirs can instead receive tax-advantaged assets from the estate
• Receive potential estate tax savings from an estate tax deduction

How to make a gift of retirement assets: To leave your retirement assets to High Hopes, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate High Hopes as beneficiary, we will benefit from the full value of your gift because your retirement assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift. Did you know that 40%-60% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to High Hopes. As a non-profit, we are not taxed upon receiving an IRA or other retirement plan assets.

About Donor-Advised Funds

A donor-advised fund (or DAF) might be a great solution for you. You can use a DAF to distribute gifts to numerous charities. With a DAF, you can make gifts to charity during your lifetime, and when you pass away, your children can carry on your legacy of giving. You enjoy many benefits with giving via a donor-advised fund:

• Establish a flexible vehicle for annual charitable giving
• Benefit from a more tax and cost efficient alternative to a private foundation
• Obtain a charitable income tax deduction in the year of your gift

How a donor-advised fund works: You make an initial, irrevocable gift of cash or stock to fund a donor-advised fund at a sponsoring organization. The assets in your DAF grow tax-free. Then, you may make annual recommendations on gifts to be made from your DAF. Your donor advised fund has several advantages. You can make one larger gift to a DAF and then recommend grants to us and other nonprofits. You can use the “Make a Gift From My DAF” tool to contact your DAF provider and make a grant. We will acknowledge your generous gift as a DAF distribution.

About Charitable Remainder Unitrust Gifts

You may be concerned about the high cost of capital gains tax with the sale of an appreciated asset. Perhaps you recently sold property and are looking for a way to save on taxes this year and plan for retirement. A charitable remainder unitrust might offer the solutions you need! Benefits of a charitable remainder unitrust may include:

• Receive income for life, for a term of up to 20 years or life plus a term of up to 20 years
• Avoid capital gains on the sale of your appreciated assets
• Receive an immediate charitable income tax deduction for the charitable portion of the trust
• Establish a future legacy gift to High Hopes

How a charitable remainder unitrust works: First, you transfer cash or assets to fund a charitable remainder unitrust. In the case of a trust funded with appreciated assets, the trust will then sell the assets tax-free. Then, the trust is invested to pay income to you or any other trust beneficiaries you select based on a life, lives, a term of up to 20-years, or a life plus a term of up to 20-years. Afterwards, you receive an income tax deduction in the year you transfer the assets to the trust. High Hopes would benefit from what remains in the trust after all the trust payments have been made.

About Endowment Gifts

You can leave a legacy to perpetually support the causes you love with an endowment gift. An endowment is a fund you can create now or in the future to achieve the impact you desire. The income earned on your endowment will provide lasting annual support to your charitable causes. You may enjoy several benefits with an endowment gift, such as:

• Establish an endowment during your lifetime and see the impact each year
• Benefit from an income tax deduction in the year you make your gift
• Avoid capital gains tax on an endowment gift of appreciated property

How an endowment gift works: First, you make an initial gift to fund an endowment. At High Hopes, our endowment gift levels begin at $25,000. The assets in your endowment are then invested to earn income. After time, the income is distributed annually to achieve your desired impact. You can continue to make additions to your endowment fund during your lifetime, or supplement your endowment with your estate plan. At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.

About Gifts of Stocks and Bonds

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to High Hopes. The benefits of gifts of stocks and bonds include:

• Avoid paying capital gains tax on the sale of appreciated stock
• Receive a charitable income tax deduction
• Further our mission today

How to make a gift of stocks and bonds: You may make a gifts of stocks or bonds via electronic transfer from your brokerage or investment account, or via certified mail for securities held in certificate form. For securities held in certificate form, you must include a signed stock power for each certificate, which may be obtained through your broker or bank. There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.

About Gifts of Real Estate

Donating appreciated real estate, such as home, vacation property, undeveloped land, farmland, or commercial property may make a great gift to High Hopes. Benefits of gifts of real estate may include:

• Avoid paying capital gains tax on the sale of the real estate
• Receive a charitable income tax deduction based on the value of the gift
• Leave a lasting legacy to High Hopes

How to make a gift of real estate: Your real property may be given to High Hopes by executing or signing a deed transferring ownership. You may deed part or all of your real property to High Hopes. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.

About Gifts of Retirement Assets

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a gift to High Hopes. If you are like most people, you probably will not use all of your retirement assets during your lifetime. You can make a gift of your unused retirement assets to help further our mission. You may enjoy these benefits of gifts of retirement assets:

• Avoid potential estate tax on retirement assets
• Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis
• Receive potential estate tax savings from an estate tax deduction

How to make a gift of retirement assets: To leave your retirement assets to High Hopes, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate High Hopes as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift. Did you know that 40%-60% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to High Hopes. As a non-profit, we are not taxed upon receiving an IRA or other retirement plan assets.

About Gifts of Cash

A donation of cash is a simple and easy way for you to make a gift. Benefits of gifts of cash include:

• You will make an immediate impact on our mission
• You may take a charitable income tax deduction

How to make a gift of cash: Easy! Just click here and complete our online donation form, or you may send us a check or money order via mail. Please let us know if you want your gift used for a specific purpose by indicating that purpose on the memo line or in a letter to us. Did you know that you can mail a check on December 31st and, even if the check is not received and cashed by High Hopes until after the new year, the IRS will allow you to take a deduction in the year the check was mailed? Keep this in mind for year-end tax planning!

About Gifts of Insurance

A gift of your life insurance policy is an excellent way to make a gift to High Hopes. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to High Hopes. Benefits of gifts of life insurance may include:

• Receive a charitable income tax deduction
• If High Hopes retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
• If High Hopes cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
• If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to High Hopes so that we can use the proceeds to further our mission

How to make a gift of life insurance: To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include High Hopes Therapeutic Riding, Inc. as the beneficiary of your policy. Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.