Planned Giving

There are many ways in which you can make a lasting impact on the future of environmental education with TWA Foundation. The most common form of support is through cash donations, annual gifts, memorials, and matching gifts. Another, and often overlooked, way for you to support TWA Foundation is through planned giving. A planned gift is made in your lifetime or as a bequest in your Last Will and Testament, and can include gifts of equity, life insurance, real estate, personal property, or cash, and can be beneficial in estate and tax planning.

We have listed some of the most common and easiest ways to include TWA Foundation in your estate plan:

Gift in Will or Living Trust


If you want to leave a specified sum in your will or living trust, have your estate planning professional include the following language.  “I _____ of __________, Texas, give (specify either a percentage of cash in the estate, a specific amount, residual estate, etc.) to the Forever Foundation for Wildlife, Inc., d/b/a Texas Wildlife Association Foundation, Inc. (Tax ID 74-2605516), a 501(C)(3) corporation, organized in the state of Texas, located at 6644 FM 1102, New Braunfels, TX 78130, to be used exclusively for charitable purposes of Texas Wildlife Association Foundation.

If there are specific programs you wish to support, such as Conservation Legacy and/or Hunting Heritage, also make that known in the statement in your will or living trust.

Beneficiary Designations


Donating to TWAF through a beneficiary designation is simple, and provides a great deal of flexibility. You will need to request a change of beneficiary designation form from either your IRA Account, Life Insurance Policy, or Commercial Annuity.  Determine the percentage you wish to donate to TWAF from those accounts and name the Forever Foundation for Wildlife, Inc. d/b/a Texas Wild Association Foundation, Inc. as the intended beneficiary, and return to the plan administrator, insurance company, or financial institution.

A beneficiary designation can also be made on your bank accounts or certificates of deposit, known as a Payable on Death Account (POD).  Whomever you designate on your POD would receive the funds from those account once you pass away, but would have no control of those funds during your lifetime.  Similarly, you can make a beneficiary designation on your investment accounts, called a Transfer on Death (TOD).  On these accounts you may designate a percentage or the entire amount to be paid upon your death.

To make these designations you simply need to inquire with the banking institution or investment advisor to provide instructions on how to change your beneficiary designations.  Beneficiary designations and changes to those designations can generally be made at any time during your lifetime, and therefore provide a great deal of flexibility when creating your estate plan.

Real Estate


A gift of real estate to TWA Foundation can not only help our Foundation support conservation programs across Texas but also be a federal income tax charitable deduction for you. Please contact Meg Guerra if you are interested in donating real estate as part of your estate plan.

There are many ways to support TWA Foundation through planned giving that leaves a legacy of conservation in Texas and provides tax-saving benefits to you. Contact us today to help you get started.

Questions?

For more information, or if you need a referral for an estate planning professional, please contact TJ Goodpasture via email by clicking the button below.