GENEROSITY

There are various ways you can currently leave a legacy or planned gift to FCM.

Gifts Through a Will or Revocable Trust
In your will or revocable trust, you can name FCM as a beneficiary of a fixed amount of cash, a specific asset, or a percentage of your estate at your death. You should seek counsel for wording appropriate to your situation, but the following offers you sample language:

Unrestricted Bequest
“I give to the Florida Community of Mindfulness, Inc. (FCM) now or formerly located at 6501 N. Nebraska Avenue, Tampa, FL 33604 (TIN: 59-3761318) for its general charitable purposes, the sum of $__________ .”

Percentage Bequest
“I give to the Florida Community of Mindfulness, Inc. (FCM) now or formerly located at 6501 N. Nebraska Avenue, Tampa, FL 33604 (TIN: 59-3761318) for its general charitable purposes, an amount equal to _____% of my residuary estate.”

Residual Bequest
“I give the residue of my estate to the Florida Community of Mindfulness, Inc. (FCM) now or formerly located at 6501 N. Nebraska Avenue, Tampa, FL 33604 (TIN: 59-3761318), for its general charitable purposes.”

Retirement Plan Gift
This is one of the simplest and most tax efficient ways to support FCM. Retirement plan assets may be subject to estate taxes if left to non-charitable beneficiaries. But unlike most other assets, traditional IRAs and other qualified retirement plans are also subject to income tax when distributions are made to non-charitable beneficiaries. Both estate taxes and income taxes can be avoided when these assets are passed to FCM.

Life Insurance Gift
Naming FCM as a beneficiary of your life insurance policy is an easy way to make a substantial gift. FCM can be the sole beneficiary, a beneficiary of a percentage of the proceeds, or the contingent beneficiary in case a loved one pre-deceases you. Gifts of paid-up life insurance policies that are no longer needed are also excellent ways to make a tax-deductible gift now without affecting your current income.

Note: Please include FCM’s taxpayer identification number (59-3761318) when designating retirement plan or life insurance gifts.

The Florida Community of Mindfulness and its employees and volunteers do not provide tax or legal advice. Prospective donors should consult with their legal and financial advisors.

If you’ve already named FCM in your will or estate, retirement account or life insurance policy, we’d love to hear from you and thank you for your generosity and commitment.

Please complete the gift form at this link and return it to us by mail or email it to legacy@floridamindfulness.orgl. You may also contact us at legacy@floridamindfulness.org with any questions that you may have. We will honor all requests for anonymity.