Planned Gifts
When you include Journey Found in your will or estate plans, your generosity will support people with intellectual and developmental disabilities for generations to come. By supporting Journey Found in this way, you are ensuring safe and secure homes and care while enriching the lives of those who need help most.
Types of Planned Gifts
Bequests and endowment
A bequest in your will naming Journey Found as a beneficiary is an easy way to support our future efforts to give individuals with intellectual and developmental disabilities the opportunity to live a life without limitations. A bequest can be a gift of cash, securities, or another specified asset.
Retirement Accounts or Life Insurance
Naming Journey Found as a beneficiary of a life insurance policy or a 401(K), 403(B), pension, IRA or other retirement account is a simple way to provide provide homes and care to individuals in need.
Taxwise Giving
Charitable IRA Distributions: If you are age 70 ½ or older, you and your spouse can each direct up to $100,000 from your IRA to charity, without paying federal income tax on the withdrawal. This gift option provides tax savings to donors even if they do not itemize deductions.
Gifts can be used to satisfy your required minimum distribution.
Instead of taking a charitable income tax deduction or the gift, you can exclude the distribution from your income. The funds must be transferred directly to Journey Found—it is important not to withdraw the funds before making a gift.
If you wish to direct your gift to Journey Found, please contact your IRA plan administrator and request a direct qualified charitable distribution from your IRA account to Journey Found, a 501(c)3 organization.
Give Appreciated Securities
Giving appreciated stocks, bonds, or mutual fund shares can be a tax-advantaged way to provide immediate support to Journey Found. By giving Journey Found appreciated securities that you’ve held for more than a year, you receive a double tax benefit:
You avoid capital gains tax on the appreciation that would be due upon sale;
You can receive a charitable income tax deduction for the current fair market value of the property—up to 30 percent of adjusted gross income;
You can carry forward any unclaimed portion of the deduction for up to five additional years, subject to the annual limit.
To find out more or make a gift today:
Contact Jason Ricketts at (860) 643-9844 x137 or jricketts@journeyfound.org for additional information. Seek the advice of your financial or legal counselor if you have questions about whether the strategies above make sense for you.
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