Make a Gift in 3 Easy Steps
Not everyone wants to commit to making a gift in their wills or estates. Some prefer the increased flexibility that a beneficiary designation provides by using:
- IRAs and retirement plans
- Life insurance policies
- Commercial annuities
It only takes three simple steps to make this type of gift. Here's how to name Save the Children as a beneficiary:
- Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
- Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you chose, on the beneficiary form.
- Return the completed form to your plan administrator, insurance company, bank or financial institution.
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- Contact the Office of Planned Giving at 800.544.4470 or firstname.lastname@example.org for additional information on beneficiary designations and how they can help support Save the Children with our mission.
- Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
- If you name Save the Children in your plans, please use our legal name and federal tax ID.
Legal Name: Save the Children Federation, Inc.
Address: Fairfield, CT
Federal Tax ID Number: #06-0726487
An Example From Save the Children
Tony Lunn and Phyllis Teitelbaum began their philanthropic efforts in 1972 when they first married. At first, they sponsored a child through Save the Children. They'd always been aware of being among the fortunate of the world and decided they'd use their resources to help children who needed help. Over time they researched how to approach development work and expanded to supporting larger programs with Save the Children.
Tony and Phyllis have extended their long commitment to Save the Children through planned giving. They've made Save the Children the beneficiary of their IRAs and are planning to leave a sizable portion of the rest of their estate as well. They say, "You don't have to have a fortune the size of Warren Buffett's to think about giving a significant amount of your estate to the less advantaged!"