Make a Plan to Donate Today
Legacy Circle Gift Planning Program
Gift planning is a process using tax and financial planning methods to allow you, the donor, to achieve personal and charitable objectives. There are several methods of gift planning. Our gift planning program is called Legacy Circle. We have financial advisors who would be happy to assist you in setting up your Legacy Circle Gift. Thank you for your contributions!
Bequest In A Will
You can designate Holy Ground Shelter for Homeless, Inc. (DBA: Holy Ground PBC) as the recipient of all or part of your estate. However, this is best accomplished through a will or other estate planning documents. Please see below for how to name Holy Ground in your will.
Retirement/IRA account
You can transfer your IRA at your death to a qualified charity as a beneficiary. Holy Ground PBC would not incur any income tax on the proceeds because of its tax-exempt status.
Life insurance
Life insurance provides many options for you to choose from. You may choose to designate Holy Ground PBC as the beneficiary, or partial beneficiary, of a life insurance policy. There is no income tax benefit with this option but a possible estate tax benefit. You may also donate existing policies that are no longer needed. Tax deductions may be equal to the policy’s cash replacement value. You may also purchase a policy and name Holy Ground PBC as the owner and beneficiary; the premiums you pay are fully tax deductible. At your death, Holy Ground would receive the insurance proceeds.
charitable remainder trust
Either cash or other assets (appreciated stocks) can be put into a remainder trust, which is irrevocable. During your lifetime, you can receive payments, at least quarterly, amounting to 5% or greater, depending on your age. At your death, the remaining balance would transfer to Holy Ground PBC.
charitable lead trust
You can create a trust naming a charitable beneficiary and specifying the trust terms, then transfer the property to the trust. The trustee who administers the trust is responsible for the investment of the assets and administration of the trust. The trustee pays the required amount to Holy Ground PBC at specified times and then distributes the remaining balance to the beneficiaries at the end of the trust term.
Charitable gift annuity
You can transfer a specified amount of money or other property to Holy Ground PBC. In return, Holy Ground would pay you a certain amount (annuity) each year for a specified term or for the remainder of your life. At your death (the recipient of the annuity), Holy Ground PBC would use the principal in accordance with the terms of the gift.
How to Name Holy Ground PBC in Your Will
Legal name: Holy Ground Shelter for Homeless, Inc. (DBA: Holy Ground PBC)
Address: 200 W. 20th Street, Riviera Beach, FL 33404
Federal tax ID#: 26-3342975
How to Notify Holy Ground PBC of Your Gift
We hope you’ll let us know when you have named Holy Ground PBC in your will or trust so that we can thank you and include you on our website (if desired) as a member of our Legacy Circle. Please use the form below to notify us of your intentions:
Deepest Gratitude to Our Current Legacy Circle Members
