Legacy Giving
Planned gifts require no cost today, yet they create a lasting impact for the future. Most of these gifts are arranged through a will or trust.
Trusts AND WILLS
Giving after your lifetime means that your generosity will touch generations upon generations of children and families and rescue them from extreme poverty.
Revocable Living Trust
Gifting to African Vision of Hope through a Revocable Living Trust lets you take care of the people and causes you love and then give in a variety of ways. You can give a designated amount or provide a percentage of your estate.
Charitable Remainder Trust
With this type of Trust, you provide assets to the Trust which pays an income to you or anyone you choose. You can designate payments for a certain period of time (up to 20 years) or for your lifetime(s). When the last person receiving payments passes away, the remaining balance of the trust is donated to African Vision of Hope.
Charitable Lead Trust
This type of Trust is designed to provide charities with current income from the Trust in the form of interest and asset appreciation payouts. After a specified period (or at death), the balance of the Trust is transferred back to your beneficiaries. This offers the current benefit of donations to charity, and the reduction of taxable income for your beneficiaries.
WILLS
Giving to African Vision of Hope through a Will allows you to give a designated amount or provide a percentage of your estate to African Vision of Hope.
BENEFICIARY DESIGNATIONS
Assets that aren’t part of your will are known as non-probate assets. These can include 401(k)s, IRAs, life insurance policies, and similar accounts. By naming African Vision of Hope as a beneficiary, you can make a significant impact while also helping your heirs avoid unnecessary taxes.
Your Next Steps
- Contact the African Vision of Hope Office at 618-288-7695 or info@africanvisionofhope.org to discuss this type of legacy giving.
- Seek the advice of your financial or legal advisor.
- If you include African Vision of Hope in your estate plans, use our legal name and Federal Tax ID.
Legal Name: African Vision of Hope
Address: 17 Professional Park Drive, Maryville, IL 62062
Federal Tax ID Number: 71-0929252
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.