Legacy Donations

Become a Dream Builder through planned giving and help continue the Habitat mission for generations to come. There are many ways to give during and beyond your lifetime, and gifts of all sizes are appreciated.

Important Information

Legal Name:
Habitat for Humanity of Bucks County

If you do not include “of Bucks County,” your gift will be sent to Habitat for Humanity International.

Habitat for Humanity of Bucks County is a tax-exempt 501(c)3 organization.

Federal EIN: 23-2607106

Need more information before making your gift?

We’re here to help!

Candace Clarke
Donor Relations Director

Bequests

A gift in your will can be a specific dollar amount, a percentage of your estate, or all or part of the residue of your estate (what’s left after your loved ones have been provided for). It may help to reduce your estate taxes.

When making or updating your will, an estate-planning attorney can assist you in adding one of the following paragraphs to your will:

“I hereby give and bequeath $_________ to Habitat for Humanity of Bucks County to be used (for its general purposes) (for [specific purpose]).”

-or-

“I hereby give, devise and bequeath (the residue) (__% of the residue) of my estate to Habitat for Humanity of Bucks County to be used (for its general purposes) (for [specific purpose]).”

Beneficiary Designations/Life Insurance

Many families own life insurance policies that have outlived their original purpose, and which can aggravate estate taxes if not treated with care. These old policies can be used to create a new life for a Habitat family. Also, new life insurance policies can sometimes be used to make giving a larger gift to Habitat more convenient and affordable. You can name Habitat Bucks as a beneficiary of your life insurance or insurance annuity assets, and choose to give all or a portion of the proceeds of your plan.

Minimum Distribution at Age 70 ½

Are you required to take a mandatory distribution from your IRA account each year, and burdened by the associated taxes? Many people feel that the direct transfer of funds from an IRA is a great way to help Habitat families and make it a part of their legacy.

Here’s how it works:
  • You must be 70 1/2 or older
  • An individual may transfer up to a total of $100,000 per year and a married couple may give up to $200,000
  • Your gift must be transferred directly from the IRA account to Habitat for Humanity of Bucks County
  • Your gift is a direct transfer of funds, so it does not create taxable income for you and is not considered a charitable tax deduction
  • The transfer of funds counts toward your annual required minimum distribution from your IRA
If you are interested in this popular way to support Habitat Bucks, download a sample letter for your IRA administrator.

IRA & Retirement Plans

Most retirement plans are income tax-deferred, meaning that income tax is not paid until funds are distributed to you in life, or upon your death. This may be costly for your loved ones. On the other hand, naming a charity such as Habitat Bucks as the beneficiary of retirement assets upon death generates no income taxes. Consult an estate planning attorney to allocate funds for Habitat Bucks from your retirement plan.

Charitable Gift Annuities

You’d like to help, but need the income. Or you may have highly-appreciated stock that pays a low dividend, but you don’t want to trigger the capital gain. Whether funded with cash or stock, a gift annuity will provide a handsome cash flow that may be partly tax-free. You’ll also get a partial tax deduction now. If you transfer your stock to the gift annuity, you can significantly reduce the capital gain, and spread the rest of it out over a number of years. The best part is, after you’re gone, what’s left over will help build and repair homes for Habitat families.