Why Make a Planned Gift to Building One Community?
Our country is built on the determination and hard work of immigrants. Now more than ever, they are an increasingly important part of the fabric of our society and the role they play in our community will continue to grow.
Building One Community (B1C) is successfully advancing the integration of immigrants and their families as they make Connecticut their home. You can be proud of your support for B1C knowing you are providing skills training, educating, ensuring fair treatment, and supporting hardworking individuals at the point where they uniquely need it most. This is life-changing work, and we can’t do it without you.
With a planned gift to B1C, you can integrate your financial and philanthropic goals. Continue to support immigrants and their families while building a strong, equitable and diverse community for years to come.
Visionary Leaders
B1C Visionaries are those philanthropic leaders who make a bequest or other planned gift commitment, or contribute an outright gift of endowment to B1C.
- By becoming a B1C Visionary, you will:
- Make an Impact. With a bequest or other planned gift, your philanthropy can play a significant role in advancing progress for immigrants in our community in a sustained way.
- Inspire the Community. As a recognized B1C Visionary, your leadership and commitment will help to inspire others to follow in your footsteps. With your permission, we will share your name in our annual report and other materials.
- Participate in special leadership events. If interested, deeply engage with our staff and partners to explore important trends, policies and developments impacting Fairfield County’s immigrant community through events and seminars as a guest of B1C.
- Achieve your philanthropic goals. Through a close relationship with you and our network of experienced professional advisors, we can help to ensure that your financial planning meets your philanthropic vision and goals.
Ways of Giving
One of the easiest ways to make a significant impact is with an Estate Gift. A bequest or other form of planned gift supports programs or facilities, adds capacity or supports key initiatives to benefit immigrant individuals and families. You may designate your planned gift for a particular purpose or program, for endowment, or without restriction for B1C to use in its discretion for needs that must be met at the time we receive the payment from your estate.
- Make a bequest.
Leave a gift of cash, securities or other assets such as real property by making a bequest in your will or trust. This allows you to make a generous gift, which will not compromise your lifestyle. - Name us as a beneficiary.
Name B1C as a beneficiary of your life insurance or retirement plan. It’s easy – and can minimize the impact of estate and income taxes.
MAKE A BEQUEST
MAKE A BEQUEST
Bequests are the easiest and most popular types of planned gifts. By including B1C in your will you can make a real and lasting impact to the lives of immigrants across Fairfield County while preserving your assets and cash flow.
BENEFITS
- Retain your assets during your lifetime.
- No immediate cost to you.
- Make a gift larger than possible during your lifetime.
- Support a cause you care about – forever.
- Potentially, secure significant tax advantages.
- Adjust your bequest if your situation changes.
- Become a member of B1C Visionaries, enjoy its benefits and inspire others.
TYPES OF BEQUESTS
- Give a fixed amount of cash, or specified asset(s).
- Make a residual bequest gifting the balance (or a percentage) of your estate remaining after expenses and other bequests.
- Name us as a contingent beneficiary to receive a gift if another bequest cannot be fulfilled.
- Customize beneficiary language to support your charitable goals
WHAT CAN I GIVE?
- Cash
- Appreciated securities
- Real estate
- Personal property
- Business interests
- Intellectual property
Some gifts can provide considerable tax advantages. Talk with your legal and financial advisors to learn more.
GET STARTED
Please meet with us before creating a bequest. Together, we can identify how to best support your philanthropic goals and direct your gift.
If you would like to include B1C as a beneficiary of a bequest and/or need additional guidance, please contact Elena Perez Moreno, Development & External Relations Director, at development@b1c.org or (203)-674-8585 Ext. 105. Where appropriate, please consult a tax or legal professional.
GIFT YOUR RETIREMENT ASSETS
GIFT YOUR RETIREMENT ASSETS
By naming B1C as a beneficiary of your retirement plan, you can enjoy retirement now – and then give back to your favorite causes for generations to come. This gift also minimizes the tax impact to your heirs.
BENEFITS
- Continue taking regular lifetime withdrawals.
- Give generously to charity in the future.
- Ability to adjust your beneficiary designation if your family’s needs change.
- Become a member of B1C Visionaries, enjoy its benefits and inspire others.
WHAT CAN I GIVE?
- IRA
- 401(k)
- Other qualified retirement assets
Talk with us and your legal and financial advisors to learn more.
THINGS TO CONSIDER
- You may choose to gift the full balance or a percentage of your retirement assets.
- Because tax laws change, please consult with your financial and legal advisors.
GET STARTED
To make a gift of retirement assets, contact your plan administrator or financial/legal advisor and request a Change of Beneficiary/Ownership Form. Then, designate Building One Community as a beneficiary to receive the balance or a percentage of your plan.
Before taking any action please contact Elena Perez Moreno, Development & External Relations Director, at development@b1c.org or (203)-674-8585 Ext. 105.
GIFT YOUR LIFE INSURANCE
GIFT YOUR LIFE INSURANCE
If you have more life insurance than you need, naming B1C as the owner and beneficiary of your paid-up policy is a generous gift that’s easy to give...and can make a larger impact than you might think.
BENEFITS
- Give generously, using an asset your family no longer needs.
- For policies that are fully paid-up or have an internal value, you may claim an income tax deduction of approximately the cash surrender value.
- Become a member of B1C Visionaries, enjoy its benefits and inspire others.
THINGS TO CONSIDER
- We have the option to hold the paid-up policy, or cash it in.
- This type of gift is irrevocable.
- Tax laws change, so please consult with your financial and legal advisors.
GET STARTED
To gift your life insurance, simply contact your insurer and request a Change of Beneficiary/Ownership Form. Then, designate B1C as the new owner and beneficiary.
Before taking any action please contact Elena Perez Moreno, Development & External Relations Director, at development@b1c.org or (203)-674-8585 Ext. 105.
