WEC has been protecting Washington’s environment for nearly fifty years and we plan to be here for at least 150 more! If you are looking to help ensure the future for environmental protection in our state while furthering your own personal objectives, a planned gift is the perfect way to help.
Planned gifts can support Washington Environmental Council’s endowment, which in turn supports our mission to protect, restore, and sustain Washington’s environment now and for future generations. There are several types of planned gifts to consider. It’s easy and no gift is too small. To ensure that your estate plans meet your long-term income and family needs, be sure to consult with your attorney or financial advisor.
If you decide to include WEC in your estate plans, please let us know. We value the opportunity to express our gratitude in person. To learn more about making a planned gift to Washington Environmental Council, please contact our Development Director Kathy Malley at 206.631.2640 or kathy at wecprotects.org. She’d be happy to send you information on types of planned gifts to consider or schedule time to meet with you personally.
There are several different ways to make a planned gift to Washington Environmental Council. We will be very happy to work with you and your advisor to determine the one that is just right for you.
Bequest: leave a gift to WEC in your will
Bequests are the most popular type of deferred gift. You can include a gift in your original will or living trust or add one later by an amendment. The gift can be for a specific amount of money, specific piece of property, or a percentage of your estate. A bequest gift is very flexible and allows you to retain control over your assets should you need them during your lifetime. As you consider a bequest to Washington Environmental Council, you and your attorney may find it helpful to have the following wording for different types of bequest provisions. Sample bequest language is below.
Specific sum of money
“I give to Washington Environmental Council, or its successor organization, the sum of [insert here the exact dollar amount].”
Specific property such as real estate, stocks, bonds, works of art, or other items
“I give to Washington Environmental Council, or its successor organization, [insert here a description of the particular property].”
Rest and residue of estate after paying debts, taxes, expenses, and other bequests
“I give to Washington Environmental Council, or its successor organization, all [or a stated percentage] of the rest, residue, and remainder of my estate.”
Contingent bequest if you are not survived by certain individuals
“If [name/s of primary beneficiary/ies] do/es not survive me, or shall die within ninety (90) days from the date of my death, or as a result of a common disaster, then I give to Washington Environmental Council, or its successor organization, [insert here the exact dollar amount, description of property, or percentage of residual estate].”
Please note: This wording is intended to be used as sample wording only and is provided solely as a courtesy for our donors to share with their attorney. It should not be relied upon as a substitute for professional advice.
An outright gift may include a gift of real estate, closely held stock, life insurance, commercial annuity, and other valuable, useful, or historically significant property.
Tangible Personal Property
WEC can receive gifts of personal property – such as artwork, books, and coin collections, etc.
Retirement Plan Assets
You can designate WEC as the beneficiary of your IRA or other retirement assets such as 401(k) and 403(b) plans and WEC will receive the funds upon your passing, or you can make outright gifts during your lifetime from these same assets that WEC can use immediately. You can leave just a portion to WEC or the entire balance. Because of income tax considerations, this is one of the most tax-wise ways you can make a gift.
Life Insurance Gifts
You might have a paid-up life insurance policy that you no longer need. You can make a gift by transferring the policy outright to WEC or naming WEC as a beneficiary, similar to retirement assets. Or you might think about taking out a new policy benefiting WEC and receive tax benefits with each premium paid.
Charitable Lead Trust
A charitable lead trust pays WEC an income for a designated period of time. After that time, the trust principal reverts to you or other beneficiaries. With a lead trust, your gift makes a difference now while potentially reducing the cost of transferring assets to your family or another beneficiary.
Charitable Remainder Trust
A charitable trust is another way to make a gift and receive income for life. Your payments can be either fixed or variable in amount.
Our commitment to accountability
WEC maintains a four-star rating from Charity Navigator, the highest possible ranking. The Washington Environmental Council is a 501(c)(3) not-for-profit organization, all contributions are tax-deductible to the extent allowed by law. Our tax number is EIN – 91-0839385.