A charitable bequest supports the work of IPR beyond your lifetime. A charitable bequest may be included at the time of writing a will or living trust – or it may be added later by a codicil. A bequest can be changed at any time (revocable), does not affect your current income and supports the organization you care about into the future. A bequest may donate a percentage of your estate or a specific dollar amount. If you have already included IPR in your will or estate plan, please let us know. We would love to welcome you to the IPR’s Heritage Society.
Click here for sample bequest language.
Life Insurance Policies
A gift of life insurance is an easy and appealing way to make a significant future gift to IPR. A review of insurance needs might disclose that some policies are no longer as useful as they once were. You may transfer ownership of an existing policy and receive an income tax charitable deduction for the cash value. It is also possible to name the IPR as a beneficiary of all or a percentage of a new or existing life insurance policy. Ball State employees may donate their Ball State provided insurance too. A gift of insurance is easily done with a change of ownership or beneficiary form! Please contact us for more information on how to do this.
Retirement fund benefits are the most heavily taxed asset in many estates due to the liability of heirs for income and estate tax. Over half of your retirement plan assets can be reduced by taxes at your death. By naming IPR to receive all or a portion of your qualified retirement plan such as an IRA, TIAA-CREF, 401(k) or Keogh plan, you can offset some of the taxes your loved ones have to pay and preserve more of your estate for the people and organizations that matter the most in your life. A retirement plan gift is easily done with a change of beneficiary form! Please contact us for more information.
Alena McKenzie, MA
Major Gifts and Planned Giving Coordinator
Indiana Public Radio