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"A society grows great when people plant trees who's shade they know they will never sit under." - Greek proverb

Give a Gift Beyond Your Lifetime

Please consider including Seabury Resources for Aging in your will or as a designated beneficiary. Including Seabury in your estate planning will include you in our 1924 Legacy Society, which has been supporting safe, affordable housing and services for over 100 years.

What is a Planned Gift?

Planned gifts include bequests, charitable trusts, gifts from a retirement account or life insurance policy, or tangible personal property like a home. Gifts can be made while you're living or through your estate. Many planned giving options can provide a financial benefit to you or your heirs.

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As a donor, planned giving allows you control over how you'd like to give, and your bequest can be modifed as needed at any time. Seabury is happy to work with you and your advisors to structure a gift that best suits your goals for giving.

It's never too soon to be intentional about your legacy. Learn more below, or contact us at 202-849-8082 or giving@seaburyresources.org to get started.

Types of Planned Gifts

Simple Bequest - The simplest form of planned giving involves giving a specific amount, a fixed percentage, or a gift of real property to a named beneficiary. Some sample language you might include is below:

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“I give (________________ dollars) or (a specific asset, such as securities, real estate or other property) or (________ percent of the rest, residue, and remainder of my estate) to Seabury Resources for Aging in Washington, D.C., Tax ID#: 53-0204693 for its general purposes (or) for the following purpose: ______________________________.

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Retirement Plans + Life Insurance Gifts

Giving from your retirement plan - A retirement plan can be a tax-efficient and simple way to include Seabury Resources for Aging in your estate plan. The best method is to name Seabury as a primary or secondary beneficiary. Most retirement plans are subject to incomes taxes - and possibly estate taxes - however, when a charity is named as a beneficiary, your estate may receive a tax deduction.

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Retirees can also make gifts to Seabury through their IRAs. A distribution from an IRA account normally incurs taxes. However, when a donor aged 70 and a half or older makes a contribution directly from their IRA they may donate up to $100,000 without it being considered a taxable event.

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Life insurance - You can make Seabury Resources for Aging the beneficiary of your life insurance policy, and your estate may receive a tax break for that gift. 

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Life Income Gifts

Gifts of Real Estate - If you own a home without a mortgage and your circumstances allow, you and your family may deed it to Seabury Resources for Aging. You can continue to live there for the rest of your life if so desired. You will receive a federal income-tax deduction in the year of your gift.

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While the asset is fully owned by Seabury Resources for Aging, an agreement will be entered into regarding insurance, property tax, and maintenance costs.

The first home was given by Mrs. Cornelia Jones, who remained as a resident in the home for several years.

Ready to Get Started?

If you would like to talk to someone about establishing a legacy gift or joining the 1924 Legacy Society, please fill out the form below.

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