Planned and Legacy Giving
Leave a Legacy that Protects Wildlife for Generations to Come
Planned giving offers a unique opportunity to make a lasting impact on wildlife conservation while aligning with your financial and estate planning goals. By incorporating the South Dakota Parks and Wildlife Foundation (SDPWF) into your plans, you can leave a legacy that supports the wildlife and landscapes you cherish.
Bequests (Wills & Trusts)
What Is It?
Including SDPWF in your will or living trust by designating a specific dollar amount, percentage, asset, or residual value.
How to Do It:
Consult with your attorney to add language to your will or trust, such as “I give, devise, and bequeath [$X or X%] of my estate to South Dakota Parks and Wildlife Foundation, located at 523 E Capitol Ave, Pierre, SD 57501, Tax ID: 46-0387968.”
Why Do It:
Bequests are flexible and can be adjusted as your circumstances change. They allow you to make a significant future gift without affecting your current financial resources.
Life Insurance
What Is It?
Naming SDPWF as a beneficiary or transferring ownership of a paid-up life insurance policy.
How to Do It:
Contact your insurance provider to update the beneficiary designation or work with SDPWF to facilitate ownership transfers.
Why Do It:
Even small policies can make a large impact. Transferring ownership may offer immediate tax benefits.
Retirement Plans
What Is It?
Designating SDPWF as a beneficiary of your 401(k), IRA, or other retirement accounts.
How to Do It:
Request a beneficiary designation form from your plan administrator and specify the percentage or amount to donate.
Why Do It:
Retirement assets left to heirs are often subject to taxes, but gifts to SDPWF avoid these taxes and maximize your impact.
Charitable Gift Annuities
What Is It?
Making a gift to SDPWF in exchange for fixed lifetime income payments. The remaining balance supports wildlife conservation after your passing.
How to Do It:
Work with SDPWF to establish an annuity based on your age and contribution amount.
Why Do It:
Provides stable income during retirement while supporting a cause you care about.
Charitable Remainder Trusts (CRTs)
What Is It?
A trust providing income to you or beneficiaries for life or a term, with the remaining assets going to SDPWF.
How to Do It:
Consult with your financial advisor or attorney to create the trust and define the terms.
Why Do It:
Offers income, potential tax benefits, and a meaningful way to support SDPWF’s mission.
Charitable Lead Trusts (CLTs)
What Is It?
A trust that provides income to SDPWF for a set term, with the remaining assets returning to you or your heirs.
How to Do It:
Work with legal and financial advisors to establish the trust and set the terms.
Why Do It:
Supports SDPWF in the short term while providing significant tax savings and preserving wealth for your heirs.
Securities (Stocks, Bonds, Mutual Funds)
What Is It?
Donating appreciated assets such as stocks, bonds, or mutual funds.
How to Do It:
Contact SDPWF for transfer instructions and instruct your broker to transfer the assets directly.
Why Do It:
Avoid capital gains taxes while receiving a charitable deduction and making an impactful gift.
IRA Charitable Rollovers
What Is It?
Individuals aged 70½ or older can transfer up to $100,000 annually from their IRA directly to SDPWF.
How to Do It:
Contact your IRA custodian to initiate the transfer directly to SDPWF.
Why Do It:
Reduces taxable income and satisfies required minimum distributions.
Donor-Advised Funds (DAFs)
What Is It?
Recommending grants from your donor-advised fund to support SDPWF’s mission.
How to Do It:
Contact your DAF provider and recommend a grant to SDPWF.
Why Do It:
Allows for flexible giving while maximizing tax advantages.
Have Questions?
We’re here to help. Chat with the South Dakota Parks & Wildlife Foundation team to learn more about giving.
