- Donate Now
- Wills & Bequests
- Make a Planned Gift Through Your Retirement Assets
- Make a Gift of Life Insurance
- Employer Matched Gifts
- Honor-Memorial Giving
Wills & Bequests
Leaving a legacy gift to the Jim Collins Foundation could be one of the most powerful ways to help the transgender community. Legacy gifts can provide significant tax benefits, income for retirement and the peace of mind knowing that you have directly helped transgender people most in need.
The Jim Collins Foundation has received generous bequests from several transgender people who have gifted their legacy to others in need, making our work possible. For example, Krysallis Anne Hembrough generously gifted her legacy to the Jim Collins Foundation, which created a separate matching grant in her name that has already impacted transgender people’s lives.
Many of our supporters have chosen to include the Jim Collins Foundation in their will as a way of making a meaningful impact on the lives of transgender people without having to give up crucial assets needed during their lifetimes.
A charitable bequest to the Jim Collins Foundation made in your will can take many forms. You can make a bequest to the Jim Collins Foundation by designating a specific sum of money or property/real estate, a percentage of your estate, or the remainder of your estate after other beneficiaries receive the portion you designate. Through a contingent bequest, you can make the Jim Collins Foundation the beneficiary of your estate if your partner or other beneficiary passes away before you. You can also create a charitable trust through your will that will benefit individuals you choose during their lifetimes with the remainder after they die passing to the Jim Collins Foundation.
While you receive no immediate tax benefits from a bequest to the Jim Collins Foundation, every dollar contributed is deductible for estate tax purposes, relieving your partner and loved ones of added estate tax burdens.
Make a Planned Gift Through Your Retirement Assets
Retirement assets can often be subject to high estate and income taxes. When left to the Jim Collins Foundation, the full value of your remaining retirement assets will go directly toward helping transgender people in need of medically necessary health care.
To make a gift of retirement assets, you can simply name the Jim Collins Foundation as the beneficiary or contingent beneficiary of all, or part of, your retirement plan. When you pass away, or if your beneficiary does not survive you, the remaining assets will pass to the Jim Collins Foundation.
You can name the Jim Collins Foundation to receive all or a percentage of the unused balance of a retirement account. Simply request a beneficiary designation form from your financial institution and complete it as follows.
The Jim Collins Foundation | PO Box 7097 | New York, NY 10150
Tax ID# [enter this if asked for the beneficiary’s social security #, employer identification # (EIN) or taxpayer identification #]: 26-3792423.
Please remember to check once a year with your financial institution to confirm that your beneficiaries are accurate and up-to-date.
Make a Gift of Life Insurance
Life insurance is an excellent planned giving vehicle. It enables supporters to leverage relatively modest premium payments into a significant contribution that will significantly impact transgender people most in need.
To make a gift of life insurance to the Jim Collins Foundation, you can name the Jim Collins Foundation as the beneficiary of all, or a portion, of the proceeds of your policy or you can transfer ownership of the policy to the Jim Collins Foundation outright. You can also name the Jim Collins Foundation as the contingent beneficiary of your policy or name a charitable remainder trust the beneficiary.
TAX BENEFITS: When you donate your life insurance policy to the Jim Collins Foundation, you may be able to claim an immediate income tax deduction for the current value of the policy and you may be able to deduct your future premium payments.
This information is not intended as legal advice. Be sure to consult with a professional who is familiar with the laws in your state.
Employer Matched Gifts
Ask your employer about matched gifts. Our supporters can earn the Jim Collins Foundation life-saving funds by having their gifts matched by their employers. You can often have your gift doubled, tripled or sometimes even quadrupled by your company.
Talk to your Human Resources Department to find out if your company will match gifts. The Jim Collins Foundation is a registered 501(c)(3) nonprofit (EIN# 26-3792423) and is eligible for most programs.
Making a gift to the Jim Collins Foundation in memory or in honor of someone you know—whether for a special occasion or to honor a life—you are letting them know that you care about them and the fight for transgender health care. Your gifts literally save lives.