There are many easy ways to make a planned gift. Dependent upon the gift and your personal situation, you may wish to involve family members, your financial advisor, or your attorney in the decision.
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A gift in a will or living trust (bequest) - a simple designation that costs you nothing now, but sustains our programs beyond your lifetime.
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To make a charitable bequest, ask your attorney to include the following in your will: “I (name) give, devise and bequeath to Bidwell Riverside Center, a not-for-profit corporation, existing under the laws of the State of Iowa, and located in Des Moines, Iowa, __________________(percent of my estate, dollars, property, securities, etc.) to be used for general purposes at Bidwell Riverside Center.”
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Beneficiary designation in your life insurance or individual retirement account - naming Bidwell as beneficiary of these assets is as easy as a phone call to your retirement plan administrator or insurance company, and updating your beneficiary form.
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Gifts that pay you income (Charitable gift annuities) - one way to have dependable income in your retirement years, this can provide you with regular payments while supporting our mission. A legal contract between the donor and the Bidwell Riverside Center, through which the donor exchanges cash, stocks, or other assets for an agreed-upon income for life.
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Benefits include:
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Significant tax savings in the year the gift annuity is established
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Secure, fixed income for life at interest rates typically higher than CDs, savings accounts and other investment options
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Partially tax-free income on annuity payments
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Tax-free gift of required minimum distributions from an IRA- If you are 70.5 years old or older, you can contribute up to $100,000 from your individual retirement account without being subject to federal income taxes on that distribution. This provides you a tax benefit, and allows us to use your contribution for our work today. Frequently asked questions on IRAs.
Important information:
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Legal Name: Bidwell Riverside Center
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Federal Tax-Identification Number: 420680259
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Bidwell Riverside is an Iowa nonprofit corporation exempted from federal income taxation as a section 501 (c) (3) publicly supported charity. IRS determination letter.
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Send a Message
Through your planned gift, you send a message that you value our mission to lift up those who need help, provide for basic needs, and educate children to help break the cycle of poverty.
If you are interested in supporting Bidwell Riverside through a planned gift, please fill out a statement of intent and mail or email it to:
Alison Hanner, Director of Development & Public Relations
Note: in all cases it is recommended that donors consult with their lawyer and financial planner for counsel and advice.
