Need an Easy Way To Give to IJ?

September 28, 2017

A beneficiary designation gift is a type of charitable giving with many benefits. Naming IJ as a beneficiary of a retirement plan (including IRAs and 401(k) and Keogh plans), a life insurance policy or a savings account helps to ensure IJ’s future.

Beneficiary designation gifts do not require meeting with an attorney and they offer flexibility as they can be revoked or modified if your plans or circumstances change.

Because of the unfavorable tax consequences of leaving tax-deferred accounts to individual beneficiaries, these assets can be particularly good candidates for charitable giving. As a charitable gift, the full amount of the account goes to IJ and our fight for liberty with no tax penalty. You can consult with your tax adviser regarding the specific tax benefits for your situation.

Another option is making IJ a partial beneficiary of your plan. In that case, the plan administrator will withdraw IJ’s share, providing an immediate gift to us and leaving the balance to benefit your heirs.

Beneficiary designation gifts are easy to make. Simply contact your plan administrator and ask for a beneficiary designation form. To name IJ as a beneficiary, provide our full legal name, address, and tax ID number: Institute for Justice, Tax ID #52-1744337, located at 901 N. Glebe Road, Suite 900, Arlington, VA 22203.

These gifts also qualify you for membership in the Four Pillars Society and—for a limited time—for a matching gift to IJ in your name. For more information about the Four Pillars Society or the matching opportunity, please contact Lindsey Adkins, IJ’s Four Pillars Society manager, at LAdkins@ijstaging.wpengine.com.

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