Ways to Give Later
By making a contribution to The Denver Psychoanalytic Society, you are contributing to the creation and advancement of educational opportunities and to the expansion of the awareness and understanding of psychoanalytic and psychodynamic concepts. You are supporting the educational programs open to all members of the community on psychoanalytic subjects making psychoanalytic understanding accessible, and you promote intellectual discussion that demonstrate the relevance of psychoanalytic and psychodynamic understanding to every day life. The Denver Psychoanalytic Society is a 501(c)3 organization and able to accept tax deductible, charitable contributions. |
Planned giving is the thoughtful process of arranging a gift, focusing your philanthropic goals, and maximizing your tax savings and estate benefits. It is a gift that may be arranged in the present and received in the future to support our mission. It is a simple and affordable way to leave your lasting legacy to the Denver Psychoanalytic Society. |
Wills & TrustsPlanning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust can guarantee that your legacy endures.Your gift may be a specific dollar amount, a percentage of your estate or the remainder after all other provisions are specified. To the right is suggested language to take to your attorney for use in drafting your bequest. | Residual Gift LanguageA residual bequest comes to us after your estate expenses and specific bequests are paid. "I give and devise to The Denver Psychoanalytic Society, located in Aurora, Colorado, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support" (or for the support of a specific fund or program). | Specific Gift Language
"I give and devise to The Denver Psychoanalytic Society, a non-profit, charitable organization organized under Colorado law, located at 1890 N. Revere Court, Room 4118, Aurora, CO 80045, tax ID 23-7056731, the sum of $___________ (or asset) to be used for its general support" (or for the support of a specific fund or program). | Contingent Gift Language
"If (insert name) is not living at the time of my demise, I give and devise to The Denver Psychoanalytic Society of Aurora, Colorado, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program). |
Beneficiary DesignationsA simple way to make a legacy gift is to name a charitable organization a beneficiary of a retirement plan, life insurance, brokerage account or any account requiring a beneficiary. A beneficiary designation is advantageous to you because the IRS will want to collect the tax due on all pre-tax accounts, up to 70% of a plan’s value lost to taxes . If you left this money to an heir, they will be responsible for paying the tax, whereas a nonprofit is tax exempt. It is better for you to leave the cash and securities to your heir, or at least reduce the amount of tax your heir would owe by making your nonprofit donations from your pre-tax accounts. Denver Psychoanalytic Society EIN 23-7056731 | Retirement Plans Your IRA, 401k, 403b, SEP IRA, KEOGH or other retirement plan is a practical way to leave a legacy. You can name the Denver Psychoanalytic Society a full or partial beneficiary on a “change of beneficiary form.” This allows you to plan for what you feel you can afford now, and make adjustments in the future. | Life Insurance You can leave a legacy by donating a paid-up insurance policy you may have outgrown, or by naming the Denver Psychoanalytic Society as a beneficiary. Life insurance paid to a charity is not subject to Federal estate tax and you may receive a tax deduction for premium payments. |
Frequently Asked QuestionsShould my gift be an unrestricted or restricted gift? UNRESTRICTED FUNDSOur programs are funded by dues, registration fees, and the generous contributions from members and non-members in our community. The organization may use the donation where it is needed most. RESTRICTED FUNDSA restricted donation should have some ‘wiggle room’ when specifying how the money should be used because organizations need to keep up with the changing of time. The Society currently has a lecture and programming restricted fund that you may contribute to. Psychoanalysis or Psychodynamic Psychotherapy changed my life, if I made a donation, would my therapist know about it? We are so happy that you found psychoanalysis or psychodynamic psychotherapy a rewarding experience and that you want to make a contribution to support psychoanalysis in our community. All donations to the Society are processed, logged, and visible by staff. However, donations to the Board members and Society members are only reported in the aggregate. If a donor would like to be publicly acknowledged, let us know and we can discuss that. The IRS form 990 does require all donations over $5,000 to be reported to them with donor names and addresses. Will you receive 100% of my donation? By designating a nonprofit organization for part or all of your taxable retirement account, the non-profit will receive 100% of the funds designated for it, thus the IRS is matching your gift with what your beneficiaries would have paid in income taxes
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