Gifts that May Reduce Your Taxes


Gifts that May Reduce Your Taxes

There are a variety of gifts to Sierra Club Foundation that may help reduce income taxes, estate taxes and capital gains taxes.

Retirement Plan Gift

Retirement assets are among the most heavily taxed, making them an ideal opportunity for charitable giving once you no longer need the assets yourself. As the charitable affiliate of Sierra Club, Sierra Club Foundation is exempt from paying the taxes that otherwise might be owed. Consider making Sierra Club Foundation a beneficiary of your retirement assets while leaving other less-heavily taxed assets to loved ones.

Life Insurance Gift

Life insurance is an affordable way to leave a gift for Sierra Club while you receive tax savings benefits during your lifetime.

With a life insurance gift:

  • A significant gift from disposable income at a fraction of the value.
  • Tax saving can be immediately realized.
  • Your donation could reduce final taxes of your estate.
  • Insurance gifts transfer outside the estate.

View Sample Beneficiary Designation Language

If you have questions or would like additional information, please get in touch with Lori Sullivan, Director of Gift Planning, at giftplanning@sierraclub.org or at 800-932-4270. I would be happy to work with you to meet your personal and philanthropic objectives.