Every planned gift builds strength for the future of Homeward Bound of Marin and our goal of “ending homelessness through training, housing and hope.” Many gift options provide tax advantages for supporters and/or their heirs.
We offer this overview as information only and encourage all supporters to consult an attorney or tax advisor with their estate plans. Homeward Bound of Marin gratefully accepts legacy gifts in several ways:
Bequests – A bequest to Homeward Bound made in a will or trust is easy to arrange and may be for a specific sum, the residue of the estate, or a percentage of the residue.
Donor-Advised Funds – You may already have established a donor-advised fund that directs grants to support our mission. In addition, your estate plans may designate Homeward Bound as a full or partial beneficiary of residual funds to extend your warm-hearted support.
IRA or Retirement Assets – You may name Homeward Bound as a beneficiary of your IRA or qualified retirement plan (for example, a 401(k), 403(b), Keogh or profit-sharing pension plan). To do so, simply contact your plan custodian for a Designation of Beneficiary Form.
Life Insurance Policies – You may designate Homeward Bound to receive proceeds from a life insurance policy by indicating your wishes with a Designation of Beneficiary Form.
Gifts of Real Estate or Other Personal Property – A gift of specific property to Homeward Bound of Marin may be included as a bequest in your estate plans.
Charitable Trusts – You can create a Charitable Lead Trust that provides a specific amount or percentage of assets to Homeward Bound of Marin, with the rest for other heirs. A Charitable Remainder Trust designates Homeward Bound to receive the residue after gifts to other heirs have been fulfilled.
Your legacy gift will be invested through our Homeward Bound Endowment Fund (at your request) or our Board-Designated Reserve Fund for future opportunities and rapid response needs.
While we prefer undesignated gifts to apply to the greatest need, we accept gifts designated to specific programs at Homeward Bound of Marin upon approval of our Board of Directors.
For more information about opportunities for planned giving at Homeward Bound of Marin or our gift acceptance guidelines, please contact our Development Department by email or phone 415-382-3363 x216.