Everyone Has a Legacy: What Will Yours Be?

By making a planned gift, you can create a lasting legacy that will support our programs long into the future. Not only can planned giving maximize your philanthropy, it will help to sustain the Faith & Politics Institute’s work to cultivate mutual respect, moral reflection, increased understanding, and honest conversation among political leaders to advance productive discourse and constructive collaboration.

Join Our Legacy Society

Our Legacy Society honors and recognizes those who have named the Faith & Politics Institute in their wills, trusts or estate plans and informed the Institute of that commitment.

Special thanks to our Legacy Society members who will impact our nonpartisan work for generations to come.

All Legacy Society members receive lifetime benefits, including:

Priority invitations to events throughout the year
Special receptions for Legacy Society members
Recognition in newsletters and other Faith & Politics Institute media (if desired)

Making a Gift

Your planned gift shouldn’t just fit our needs – it should also work for your personal, financial and philanthropic goals. To become a member of our Legacy Society or explore what your planned gift could be, please contact Rob Wilson-Black at 202-368-9797 or Robwilsonblack@faithandpolitics.org.

Please note that the Faith & Politics Institute does not dispense legal or tax advice. We encourage you to discuss any of the options provided below with an attorney, certified public accountant or other qualified financial consultant.

If you wish to name The Faith & Politics Institute in your will or estate plan, we should be named as

The Faith and Politics Institute, a nonprofit corporation, organized and existing under the laws of the District of Columbia, with principal business address of 110 Maryland Ave NE Suite #504 Washington DC, 20002

Tax ID: Our tax identification number is: 52-1759052

Date of Incorporation: April 6, 1992

The Faith and Politics Institute is tax exempt under section 501(c)(3) of the Internal Revenue Code

Benefits of Planned Giving

Planned giving offers a unique opportunity to establish a legacy relationship that supports the work of the the Faith & Politics Institute. A planned gift also offers you many potential advantages: the opportunity to increase spendable income, the elimination or reduction of capital gain taxes and possibly federal and state estate tax savings.

There are a number of ways to plan your gift to the Faith & Politics Institute.

Types of planned giving

There are several types of gifts that first pay income to you and your family and then help the Faith & Politics Institute. These also can enable you to dispose of illiquid assets in exchange for income and tax benefits. Some examples are:
1. The lead trust is a gift arrangement that can help you transfer wealth to the next generation while sharply reducing gift and estate taxes.
2. You can make a gift to the Faith & Politics Institute through a trust or annuity that will pay you and/or another beneficiary annual income for life. At the death of the last income beneficiary, the remaining principal is transferred to the Faith & Politics Institute.
3. A charitable remainder trust is a separate tax-exempt account into which you transfer your gift. The Faith & Politics Institute will serve as trustee and thus handle the investment of the trust assets as well as legal and accounting administrative matters.
Your will can include gifts in the form of:
1. Cash
2. Stocks
3. Bonds
4. Appreciated Securities
5. Real estate
6. personal property.
7. Business Interests
8. Life insurance
Your bequest designated to the Faith & Politics Institute can be specified in your will, trust or estate plan as a specific amount, a percentage of what you will give or the amount remaining once you’ve paid your other bequests.
Sample Language for Your Will:
“I give to the Faith and Politics Institute, a District of Columbia nonprofit corporation, headquartered in Washington, DC, the sum of $_______ (or___% of my estate, or the property described herein) to be used for _________________ (specify the purpose, like unrestricted funds, a specific program, etc.).”
If you are interested in using your retirement savings to support the Faith & Politics Institute you can consider one of the following options:
1. You can name the Faith & Politics Institute as a beneficiary of your retirement fund – all or just a percentage.
2. If you’ve reached the age where you need to take required minimum distributions (RMDs) from your IRA, you can donate that money to the Faith & Politics Institute as a Qualified Charitable Distribution, which will be excluded from your taxable income.
Either can be arranged by contacting the administrator who oversees your retirement plan.
If you deed a house or seasonal home to the Faith & Politics Institute you and/or your spouse retain the right to live in the house for the remainder of your life. You receive an immediate income tax deduction for the gift. The Faith & Politics Institute will most likely sell the property when you or your spouse no longer need it. Be sure to work closely with your real estate advisor, accountant, attorney and the Faith & Politics Institute to establish your future gift.

Let Us Know

Please reach out and let us know of your interest in making a planned gift to the Faith & Politics Institute. This may include naming the Faith & Politics Institute in your will.

Also, we would appreciate your permission to recognize your planned giving in our newsletters, on our website, and in other social media. Recognition of your gift might encourage others to follow your lead. If you prefer to remain anonymous, your gift will be kept confidential.

Our staff will be happy to discuss planned giving with you. Please call Rob Wilson-Black, President & CEO at 202-368-9797 or email Robwilsonblack@faithandpolitics.org. We are honored by your consideration, and look forward to hearing from you.