Planned Giving

 

When you advise us of a planned gift, you will become a member of the ASIL Heritage Circle. Membership involves no dues, obligations, solicitations or current contributions. However, it does allow us to thank you today for the support you will be providing ASIL tomorrow and in the years to come. As a Heritage Circle Member, you will be recognized in our publications and be invited to exclusive donor and VIP events.

We are here to assist you with any gift that will support ASIL’s educational programs while helping you accomplish your financial and estate planning objectives. Examples of planned gifts include:

Cash is the easiest type of asset with which you can make a gift today in support of ASIL Endowment Fund. Consult with your tax advisor on the amount of your cash gift that can be deducted as a charitable donation from your federal income tax. If you are unable to use your entire deduction in one year, it may be carried forward up to five years.

Please consider a gift of appreciated stocks, bonds or other publicly traded securities directly to ASIL in support of ASIL Endowment Fund. Consult with your tax advisor on the amount of your securities gift that can be deducted as a charitable donation from your federal income tax. If you are unable to use your entire deduction in one year, it may be carried forward up to five years.

Please consider naming American Society of International Law as a beneficiary of all or a portion of your IRA, 401(k)/403(b) or other qualified retirement plan in support of ASIL Endowment Fund. Consult with your tax advisor on how such a gift may avoid both an estate tax and an income tax that would be due to non-spousal beneficiaries.

Please consider naming American Society of International Law as a beneficiary of all or a portion of a life insurance policy in support of ASIL Endowment Fund. In the alternative, if you have a policy you no longer need, you may want to consider transferring ownership of the policy to ASIL. You may also want to consider purchasing a new policy and assigning it to ASIL or naming ASIL as a full beneficiary. Consult with your tax advisor on tax benefits of donating life insurance proceeds and claiming insurance premiums as an additional charitable deduction.

Please consider naming American Society of International Law as a beneficiary in your will or living trust in support of ASIL Endowment Fund. There are several types of bequest. Most common are specific dollar amount or a percentage of the donor’s total estate (see sample). Two other examples are residual and contingent bequests, which are conditional upon distribution of estate assets or the death of a named primary beneficiary. Consult with your tax advisor on the amount of potential benefits of a charitable bequest that can reduce the size of your estate tax.

Please consider a gift of real estate in support of ASIL Endowment Fund. Consult with your tax advisor on how such a gift may avoid both an estate tax and an income tax that would be due to non-spousal beneficiaries. Such gifts are subject to acceptance in accordance with ASIL’s policies.

Please consider a gift of personal tangible property in support of ASIL Endowment Fund. Examples of personal property that can be donated are virtual currency, rare books, stamp or coin collections, art collections, jewelry, antiques, and patents or copyrights. Gifts of items valued in excess of $5,000 are required to have a qualified appraisal within 60 days of the donation. Consult with your tax advisor about benefits of donating personal property. Please note that such gifts are subject to acceptance in accordance with ASIL’s policies.


For information, please contact Jack Karako, Director of Development, jkarako@asil.org or (202) 939-6003.

Please consult your tax or financial advisor before making a gift. American Society of International Law is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Our tax identification number is 53-0242653.