Planned Giving

LEAVE A LEGACY

JOIN OUR LEGACY CIRCLE

Whatever your stage in life, leaving a charitable legacy gift (also called a planned gift) can benefit you and your loved ones while strengthening House of Mercy today and for generations to come. Some planned gifts have an impact now, some after your lifetime. Many offer tax savings, and some even provide you with income for life. Explore your options here, or reach out – we’re happy to help you every step of the way. Your commitment to building a healthy and brighter future for everyone in our community can be your lasting legacy.

House of Mercy Legacy Circle

BEQUESTS

Making a gift through your will or living trust is one of the easiest ways to give into the future. With your legal advisor’s assistance, you can include language designating your favorite charities such as House of Mercy as part of your estate plan.

DONOR-ADVISED FUNDS

Donor-advised funds are one of the fastest-growing, easiest and most tax-advantageous ways to support a charity. They allow donors to make a charitable contribution, receive an immediate tax deduction, and then direct donations wherever they choose. There is a lot of flexibility with this type of fund, and you can contribute to the fund as frequently as you like.

GIFTS OF STOCK

Maximize your gift and income tax deduction by donating stock. By donating stock directly to House of Mercy, you can avoid recognition of capital gain and eliminate any income tax resulting from the sale of the stock.

IRA QUALIFIED CHARITABLE DISTRIBUTION

If you are 70 ½ years old or older, every year you can ask your IRA Administrator to transfer up to $100,000 to go directly to a non-profit organization of your choice. Because your gift goes directly to a qualified charity, the IRA distribution is excluded from your adjusted gross income and will offer tax benefits for you.

BENEFICIARY DESIGNATIONS

Most retirement plans, annuities, and life insurance policies let you decide in advance how your assets will be distributed after your death. They do this by asking you to designate beneficiaries, such as Food Bank of Iowa on a beneficiary designation form.

DON’T WANT TO DONATE ONLINE?

Mail your contribution to:
House of Mercy
8170 Flannery Court
Manassas, VA 20110