Up With Trees has been Planning, Planting, Preserving & Promoting Tulsa’s Urban Forest since 1976! With your help, we can ensure that Tulsa’s Urban Forest continues to thrive for generations to come.
Partner with Up With Trees to help us keep Green Country green for the children and families of tomorrow!
Planned Gifts to Up With Trees’ Evergreen Society can be made through bequests in wills and trusts, gift annuities, insurance beneficiaries, and more. No matter your income level, Up With Trees Development staff can help you leave a lasting legacy for Tulsa! We provide Planned Giving services through the Tulsa Community Foundation Planned Giving Partnership Program. This means we can offer you complimentary, confidential, professional estate planning services to help you benefit your family, and the causes you’re most passionate about, for generations.
Contact Julie Etchison, Development Director, at (918) 610 - 8733 or firstname.lastname@example.org
or you may contact The Advancement Group at (918) 491-0079 and ask for Mindy, Debbie, or Chris.
What is Planned Giving?
Planned gifts are a variety of charitable giving methods that allow you to express your personal values by merging your family, financial, and charitable goals. Planned gifts can be made with cash, but many are made by donating assets such as stocks, real estate, art pieces, or business interests—there are multiple possibilities.
Planned gifts can provide valuable tax benefits and/or lifetime income for you, your spouse or other loved ones. The most frequently-made planned gifts are bequests to charities, made through your will. Other popular planned gifts include charitable trusts and charitable gift annuities.
Up With Trees, through our partnership with the local community foundation, is able to offer the services of a professional estate planning specialist at no cost to you. We provide advice and complete in-depth information for your charitable tax and financial planning needs, and work directly with your attorney, accountant, or estate planner if necessary.
A misconception is that giving through your estate is only for the "wealthy." The truth is, even people of modest means can make a difference through planning.
Gifts can also be made to Up With Trees when a donor designates Up With Trees as the beneficiary on their life insurance, IRA, or Pension Plan.
What to Give:
Stock that increased in value is one of the most popular assets used for charitable giving. Once the stock has been held for more than one year, it can be gifted.
Retirement Plan Assets
Funds in an employee retirement plan, IRA or tax-sheltered annuity contain income that has yet to be taxed. Your beneficiaries will owe the income tax at your death, sometimes as much as 35%. This may be a reason to provide your loved ones less heavily taxed assets and leaving your retirement plan to charity instead.
Your property provides a unique giving opportunity. Many types of real estate can be donated to charity while enjoying tax benefits and potentially setting up a lifetime of income.
Closely Held Stock
A gift of closely held stock can provide a way to make a sizable contribution while providing a valuable tax benefit.
The need for life insurance changes over time, providing an opportunity for its use a charitable gift. If you no longer need the coverage to protect your loved ones, consider changing the policy’s beneficiary to support the work of charity.
Four Steps to Creating Your Will:
- The Basics: start by getting yourself organized. Determine your objectives, the value of your property, inventory of your major assets, estimate of outstanding debts, and a list of family members and other beneficiaries to whom you want to pass assets.
- The Choice: if you have minor children or an adult child, a parent, or a spouse with special needs who is your dependent, you have to think about who will care for them when you are gone. Talk to your proposed guardian ahead of time about what you expect of them, and understand that if do not name a guardian, the courts will make the choice for you.
- The Executor: your executor undertakes such responsibilities as notifying all interested parties and agencies of your death, paying creditors and outstanding taxes, and distributing your assets according to your will. Without a will or executor, the courts will appoint one for you.
- The Professional: to make sure that you have taken care of heirs properly, seek the counsel of an estate planning professional to help you record your wishes in a legally sound will document.
If you are 70 1/2 or older, you can take advantage of an important incentive for charitable giving. Right now, there is a great opportunity for giving out of your IRA as a result of the PATH Act.
You can make a gift to Up With Trees and receive a benefit! This donation counts towards your required minimum distribution and is not taxable income.
Learn more today by calling our Planned Giving offices at (918) 491-0079.