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 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 are happy to help you. Get in touch with our Resource Development Director to learn more.

Candace Clarke
Resource Development 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 that perhaps you don’t really need, and burdened by the associated taxes? If so, you can change the world for a deserving family, and perhaps ease your tax pain at the same time. You may be able to request a direct rollover of your distribution directly to Habitat Bucks. As an alternative, you could also write a check to Habitat for Humanity of Bucks County for the same amount as your required IRA distribution, and if you itemize, you may be able to eliminate some or all of our tax liability for the distribution.

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.