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Planned Giving

Creating Lasting Change

Elaine HolderElaine Holder first became familiar with Save the Children in 1973 when her children suggested they sponsor a child and that they would contribute some from their allowances. Her youngest daughter, Linda, was the one who bonded most with their first sponsored girl from Honduras. Elaine recalls, "They really got to know each other. They were close pen pals."

As the years went on, Elaine and her family added five additional sponsored children in countries where the need was greatest. Elaine says "I think Save the Children does a good job focusing on the long term development in the country which is what I liked best. In other words, they help residents of a particular community to support programs that will last. Teach a man to fish, right?"

Elaine recounts one of many reasons why she was drawn to Save the Children. "I remember hearing about this community that had plenty of protein because of a specific root growing in their village. Other areas in the region didn't have enough supply of this protein so Save the Children helped people who had protein-rich roots set up a factory to supply the product to other people who needed it."

While Elaine may be retired from her professional career as a Professor of Psychology at California Polytechnic State University, San Luis Obispo, she is by no means retired from her work for Save the Children. Elaine states, "I think it's important to give back to the community. I don't have much, but what I do have I want to give to others who need help."

Elaine has extended her long commitment to Save the Children through planned giving. She says, "Save the Children is doing a good job at helping people take care of themselves by setting up long term programs instead of quick band-aid fixes."

Elaine grew up in Boulder, Colorado. She received a B.A. at the University of Colorado, Boulder, and Master degree at New Mexico State University, Las Cruces, and a Ph.D. at the University of Missouri, Columbia. She lost a believed son, Steven, in 2010, and she has three surviving children—Wayne, Elaine and Linda—four grandchildren-and three great—granddaughters.

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A charitable bequest is one or two sentences in your will or living trust that leave to Save the Children a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

"I, [name], of [city, state ZIP], give, devise and bequeath to Save the Children, tax ID number 06-0726487, [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Save the Children or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Save the Children as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Save the Children as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Save the Children where you agree to make a gift to Save the Children and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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