Planned and Other Giving
Some of these estate and gift planning may even help you reduce taxes, avoid capital gains tax, or even pass along appreciated assets at a reduced tax cost.
If you choose to include us in your Estate Plans, kindly notify us of your nonbinding intent with our Notification of Future Intent form so that we can plan accordingly.
Any information on this website is not intended as legal, tax, or financial advice. For such advice, please consult an attorney, tax advisor, or financial advisor.
Wills / Bequests
Giving to the South Florida SPCA through your will or trust is called a “bequest”, and can include cash, securities, property or other assets as a percentage or dollar amount. Contact your attorney to assist with the documentation, and please use our legal name and federal tax ID within any documentation:
- Charity Name: South Florida SPCA Society For The Prevention Of Cruelty to Animals, Inc.
- Location: Homestead, FL
- Florida Charity Registration #: CH9651
- EIN: 65-0338657
Beneficiary Designations
Name the South Florida SPCA as a beneficiary in your retirement plan, bank or brokerage account, or life insurance policy. Allocate some or all of the percentage of the total within the beneficiary form. Legal name for any documentation:
- Charity Name: South Florida SPCA Society For The Prevention Of Cruelty to Animals, Inc.
- Location: Homestead, FL
- Florida Charity Registration #: CH9651
- EIN: 65-0338657
Donor Advised Funds
A Donor Advised Fund (DAF) is like a charitable investment account, where donors make a charitable contribution to a DAF sponsor, and can take an immediate tax deduction for the DAF contribution, and then recommend grants to IRS-qualified 501(c)(3) charities such as the South Florida SPCA in future periods. Funds within the DAF are invested and then grow tax free, which may provide more funds to support nonprofits in future years.
You can recommend grants to the South Florida SPCA from your existing DAF, or create a new DAF and benefit from its tax advantages,
including combining multiple years of donations through a DAF contribution and increased deductions during higher income years. Consult your tax advisor for your specific tax situation, and the benefits for you to open a DAF. The South Florida SPCA can also be named as the successor organization for your DAF, should the DAF outlast you. We can not create a DAF for you, but more information can be found
through the following DAF sponsors:
The Miami Community Foundation: https://miamifoundation.org/fordonors/
Minimums: New account $5,000
Fees: Philanthropic fee of 1% or $400, whichever is greater + investment fees
Investment options: various professional managed investment pools.
Fidelity Charitable: https://www.fidelitycharitable.org/giving-account/giving-account-details.html
Minimums: New account $0; Charitable grant $50
Fees: Administrative fees based on tiered schedule, including 0.60% up to $500,000 account balance; Investment fees between 0.015% to 0.99%, depending on investment option
Investment options: various asset allocation investment pools and single asset class pools
Vanguard Charitable: https://www.vanguardcharitable.org/giving-with-vc
Minimums: New account $25,000; Additional contribution $5,000; Charitable grant $500
Fees: Administrative fees based on tiered schedule, including 0.60% up to $500,000 account balance; Investment fees between 0.02% to 0.11%, depending on investment option, and 1.15% for alternative asset investment
Investment options: various asset portfolios and individual asset mutual funds
Any information on this website is not intended as legal, tax, or financial advice. For such advice, please consult an attorney, tax advisor, or financial advisor.
Other Beneficial Interests
If you are looking for income during your lifetime but wish to leave the remaining principal to a charity, talk to your legal and tax advisors about establishing an income trust or annuity, such as a Charitable Remainder Trust or Charitable Gift Annuity, with the South Florida SPCA as the remainder interest or beneficiary.
Any information on this website is not intended as legal, tax, or financial advice. For such advice, please consult an attorney, tax advisor, or financial advisor.
Give a gift of stock, mutual funds, or other securities
Giving assets such as securities is often a simple way to make a sizable gift to the South Florida SPCA while potentially avoiding capital gain and
other taxes. When donating securities held through your brokerage account directly to the South Florida SPCA, you can maximize your donation and eliminate capital gains tax on appreciated assets held for greater than one year. Specifically, when you donate securities directly, you receive the fair market value of the assets as the donation amount, instead of donating proceeds after a sale in your brokerage account, which may be subject to capital gains tax.
For tax planning purposes, if your securities are depreciated, or have a fair market value that is lower than your cost, it may be to your advantage to sell these securities within your brokerage account before donating to the South Florida SPCA, so that you can benefit from any capital losses. Any information on this website is not intended to be legal, tax, or financial advice, or apply to every tax situation. Please consult with your legal, tax, and financial advisors for advice that is specific to your needs.
Please contact chris@helpthehorses.org for further information and securities or cash transfer instructions.
Donate IRA required minimum distributions directly
If you are over 70½ years old, you can donate from your taxable IRA directly to the South Florida SPCA with a qualified charitable distribution, in an amount up to $100,000 annually. By doing so, you can avoid income taxes on the amount distributed from your taxable IRA for this qualified charitable distribution, versus other distributions. Maximize your impact for the ranch while minimizing your taxes!
For more resources on QCDs, sometimes called Direct Rollovers of IRA contributions, considering reading more here:
https://www.fidelitycharitable.org/guidance/philanthropy/qualified-charitable-distribution.html
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras-distributions-withdrawals
Any information on this website is not intended as legal, tax, or financial advice. For such advice, please consult an attorney, tax advisor, or financial advisor.
IMPORTANT: In accordance with Chapter 496.411, Florida Statutes, the Solicitations of Contributions Act, the following information is provided: Charity Name/Location: South Florida SPCA Society For The Prevention Of Cruelty to Animals, Inc./Homestead, FL; Florida Charity Registration #: CH9651. EIN: 65-0338657.
A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE 1-800-435-7352 WITHIN THE STATE OR OUTSIDE FLORIDA AT 850-410-3800. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. Also see: www.FloridaConsumerHelp.com.