Your legacy can live on for the homeless animals in our community when you include the SPCA in your will. Making a gift to the SPCA through your estate is one of the most charitable and effective ways to ensure that we can carry on our mission to save animals' lives far into the future.
Gifts through your Will or Living Trust
By including a bequest to the SPCA in your will, you enable us to continue our work of providing Service Dogs to disabled people in our area who need them the mopst but can never afford the high cost. You will also help us to keep loved pets in the homes of the people who love them by seeing to it these pets never enter an animal shelter to be placed with a new family or home. You will help us to research even more programs and services for pet owners and people who love pets as we continue to try to help in new ways and be leader in the animal welfare community through example of programs that are worthwhile and that work through real solutions.
All bequests left to the SPCA, no matter what the size, provide much needed resources and may allow you to take advantage of favorable charitable deduction tax laws. A bequest does not have to be cash, but may take other forms including, life insurance, securities, mineral rights and real estate.
A gift to the SPCA through your will or living trust is a powerful statement of your concern for our companion animal friends and of your support for the SPCA mission to provide quality dogs and cats to those who need them the most, disabled people in our own area, and people undergoing both physical and psychological therapy.
You may also specify how you want your gift to be used such as to support the efforts of our Intern Program which educates young people by giving them skills and the qualities needed to go on into profressional careers in animal welfare such as becoming a veterinarian, a vet tech, or even into advanced fields such as Biology, Paleontology, etc.
The most common planned gift is a bequest of cash through your will or living trust. You can arrange for a gift of a specific amount, a percentage of your estate, or even all or part of the residuary of your estate. If you would like to make such a gift, your attorney may wish to include language similar to the following:
"I hereby give and bequeath to the North Arkansas Central SPCA, a nonprofit Arkansas corporation now or formerly located at 51 Carmelkat Ln, Flippin, AR 72634, Federal Tax ID number 80-0104376, the sum of $ ____ in cash (or "x" percent of the rest, residue, and remainder of my estate), to be used for its general purposes." (or specify a specific purpose or program).
If you already have a will, you can add a codicil with a bequest to the SPCA. Your attorney will need to know the SPCA is a 501(c)(3) nonprofit Arkansas charitable organization with the place of business located at 51 Carmelkat Ln, Flippin, AR 72634.
Our Federal Tax ID is #80-0104376.
If you do not have an attorney and would like to discuss the possibility of writing a simple will, we may be able to consult with you.
Other Planned Giving Opportunities
A gift of Life Insurance or Retirement Plan Beneficiary Designation to the SPCA is a simple and smart way to provide for the programs provided at the SPCA and may result in favorable tax benefits for your heirs. The SPCA can be named owner and beneficiary of an existing fully paid policy, or you may purchase a new policy naming the SPCA as owner and beneficiary. Discuss the possibilities of planned giving through life insurance with your life insurance consultant.
Retirement Plans
Retirement plan assets are among the best assets to use for charitable gifts. You can create a legacy by naming the SPCA as beneficiary or contingent beneficiary of an IRA, 401(k), 403 (b), Keogh account, or other qualified retirement plan. Upon your death, all or a portion of the unused balance in your account is transferred to the SPCA as a charitable gift.
When a retirement account is left to a charity, the organization does not pay the income tax otherwise due if left to a friend or non-spouse family member. To make such a gift requires merely completing a Change of Beneficiary form, which may be obtained from the plan administrator.
Charitable Remainder Trusts can provide an income stream for life for you and also give you favorable tax treatment. The gift in trust can be cash, stock or other property and it is administered by a designated trustee. As the income beneficiary, you receive the income for life and then at the time of your death, the remaining principal goes to the designated charity. There are also other types of trusts that can benefit you as well as the SPCA. Talk with your financial planner or contact us for more information.
Gifts of stock offer two-fold tax savings. First, you avoid paying capital gains tax on the increase in value of your stock. Also, you receive a tax deduction for the full market value of the stock on the date of the gift.
Donations of real estate may provide particular advantages and tax savings. If you have owned a piece of real estate for many years, it may have appreciated in value to the point that capital gains taxes will be exceptionally high if it is sold. By donating this property to the SPCA, you may avoid the capital gains tax burden, yet realize a charitable deduction for the fair market value of the property. Favorable tax treatment may also be afforded with a gift of long-term appreciated securities. Please discuss this with your tax advisor.
A Lasting Legacy of Love
More and more people are concerned with providing care for their companion animals should their pets outlive them. We would be happy to discuss your pets' future with you and talk about ways the SPCA might be able to help.
By making a bequest to the SPCA, we will be able to continue our mission of providing real services and real solutions to pet owners and pet lovers experiencing persoanl crisis in their lives. By participating in our programs, these folks are able to sleep at noght knowing their beloved animal family members will still be there when the time comes to reclaim them. A primary goal of the SPCA is to see to it that these loved pets never become wards in an animal shelter.
Your love for animals is evident in life, and your legacy can live on long after you're gone.
The SPCA would be honored to be included in your estate planning. We would be happy to meet with you and your accountant, attorney or financial planner to explore planned giving opportunities that will benefit you and the many helpful programs we provide to people just like you. For more details on any of these opportunities, or to schedule an appointment, please Email us.. or call 870-453-7249.
Thank You for caring about pets!