CWOB understands that your pets are part of your family and that you are committed to caring for them for life. We understand that it is important to you to get a plan in place should the unexpected happen, if you become seriously ill or even if they outlive you.

Loved for Life is a special offering for supporters who have pledged a commitment to animals by including CWOB in their estate plans or a minimum cumulative contribution of $5,000.

By enrolling in this program you can ensure that your pet will find a loving home and be cared for no matter what. *Qualifications apply.

Loved for Life Legacy Members fill out a Pet profile, which includes a written letter to the animal’s new caregiver, which helps CWOB staff find the best possible match for your pet CWOB will pick up your animal as long as they are within a 60 mile radius of Santa Rosa, CA. If outside this area, alternate arrangements will have to be made.

Steps for enrolling your pet:

• Include a minimum of gift of $5,000 to CWOB or include us in your estate planning
• Complete the Pet Enrollment form
• Fill out a detailed Pet Profile for each animal (up to four pets) and include photos
• Write a letter to the new caregiver (optional)
• Return the above materials to CWOB
• Once received, we will contact you about meeting the pet in person at our shelter.

Advantages of Creating a Beneficiary Designation IRA:

1. Tax Benefits: Designating Compassion Without Borders as a beneficiary of your IRA can provide potential tax benefits to your estate. Consult a financial advisor or tax professional to understand the specific advantages in your situation.
2. Flexibility: You retain full control of your IRA assets during your lifetime, and you can adjust your beneficiary designation at any time if your circumstances change.
3. Legacy: Your decision to leave a charitable gift through a Beneficiary Designation IRA reflects your commitment to our mission and values, leaving a lasting impact on the lives of those in need.

Steps to Create a Beneficiary Designation IRA:

1. Review Your IRA Account: Contact your IRA custodian or financial institution to review your account and beneficiary designation options. They can provide you with the necessary forms and guidance.
2. Consult Professionals: It's advisable to consult with a financial advisor, attorney, or estate planner to ensure that your charitable giving aligns with your overall estate planning goals.
3. Choose Compassion Without Borders: When designating a charitable beneficiary, provide the full legal name of our organization: Compassion Without Borders. Our Tax ID (EIN) is 20-4698227.
4. Specify the Percentage: Determine the percentage of your IRA assets that you wish to designate to Compassion Without Borders. This can be a specific amount or a percentage of the total.
5. Complete the Forms: Fill out the required beneficiary designation forms provided by your IRA custodian. Ensure that all information is accurate and up to date.
6. Submit the Forms: Submit the completed forms to your IRA custodian according to their instructions. Keep copies for your records.
7. Inform Us: We deeply appreciate your decision to support us through a Beneficiary Designation IRA. Please inform us of your generous intent, so we can properly acknowledge your commitment and include you in our recognition programs if you desire.

With a recent change in tax law, you can now give any amount (up to a maximum of $100,000 per person/per each spouse) per year from your IRA directly to a qualified charity such as Compassion Without Borders without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit. This useful option is called the IRA charitable rollover, also referred to as a qualified charitable distribution, or QCD. For donors at least 72 years old, QCDs count toward the IRA owner's required minimum distribution (RMD) for the year.

Highlights

• You pay no income taxes on a QCD gift (though it is not a tax deduction)
• Medicare premiums and Social Security tax liability may be positively affected by an IRA QCD – check with your tax advisor.
• You can see your donation in action by making a living gift
• If you are not yet at the age of penalty-free IRA donations, you can still designate Compassion Without Borders as beneficiary of all or part of your IRA and it will go to Compassion Without Borders tax-free upon your passing if you notify your IRA administrator of your wishes and/or complete the appropriate beneficiary form.

Speak with your financial planner, retirement advisor or tax consultant for details on donating from retirement savings during or after your lifetime.

Community Foundations (assist in donation planning and setting up donation vehicles)

Learn more:IRA publication concerning QCD gifts

Note: Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. State law may further impact your individual results. Compassion Without Borders provides these resources for informational purposes only and does not endorse or recommend any of these listings. We suggest you review these or others and/or seek advice of a professional advisor. This is not a comprehensive list.

A Donor-Advised Fund (DAF) is a convenient and tax-efficient way to support the causes you care about. Similar to a charitable giving account, a DAF allows you to recommend grants to Compassion Without Borders and other qualified nonprofits whenever it is most meaningful for you. You can make a one-time gift to provide immediate support for animals in need or schedule recurring grants that sustain our lifesaving work throughout the year. Giving through a donor-advised fund is an easy way to make a lasting impact while simplifying your charitable giving.

You can also extend your compassion for generations by naming Compassion Without Borders as the beneficiary of all or a portion of your donor-advised fund. If you choose to designate only a percentage of your fund, you can name family members as successor advisors, allowing them to continue recommending grants to the charitable organizations that matter most to them.

To include Compassion Without Borders as a beneficiary of your donor-advised fund, simply contact your fund administrator to request a beneficiary designation form.

Planning for the future is an opportunity to create the legacy you want to leave behind. By including Compassion Without Borders in your will or living trust through a charitable bequest, you can ensure your love for animals continues to make a difference for years to come. Your gift can be a specific dollar amount, a percentage of your estate, or the remainder of your estate after providing for your loved ones.

Our federal tax ID number is: Tax ID# 20-4698227

For an unrestricted gift allowing Compassion Without Borders to determine how to use the funds based on the most pressing needs, use the following language for your will and/or trust:

"I give to Compassion Without Borders, a nonprofit corporation currently located at 1130 Butler Ave. Santa Rosa CA. 95404 , or its successor thereto, _________ [written amount or percentage of the estate or description of property] for its unrestricted charitable use and purpose."

To designate your provision for a particular purpose:

"I give to Compassion Without Borders, a nonprofit corporation currently located at 1130 Butler Ave. Santa Rosa CA. 95404 , or its successor thereto, _________ [written amount or percentage of the estate or description of property]. This gift should be used for (state purpose) if and so long as Compassion Without Borders determines that the need exists. If Compassion Without Borders shall determine at the outset or at a later time that the need does not exist, or no longer exists or for some reason it is not possible (or prudent) to administer my gift as originally intended, then Compassion Without Borders may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above."

Resources to help you create your Donor Advised Fund

• Schwab Charitable
• Fidelity Charitable
• Vanguard Charitable
• Sonoma County Community Foundation

Estate Planning Attorneys, CPAs, Financial Advisors and Community Foundations

• National Association of Estate Planners and Councils
• American College of Trust and Estate Counsel
• Find a financial advisor
• Find a CPA in California

Community Foundations (assist in donation planning and setting up donation vehicles)

• Search for a Community Foundation in your hometown
• Sonoma County Community Foundation

Do It Yourself Resources

• Freewill – online will tools
• LegalZoom – online will and trust documents for purchase
• Nolo sells Quicken Willmaker Software and online estate planning articles
• Rocket Lawyer has online forms to create a basic will/trust
• Trust and Will online service

Note: Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. State law may further impact your individual results. Compassion Without Borders provides these resources for informational purposes only and does not endorse or recommend any of these listings. We suggest you review these or others and/or seek advice of a professional advisor. This is not a comprehensive list.