Disaster Response
Child Development
Clean Water
Hunger Relief
Medical Care
Give Through a Beneficiary Designation
Donating all or part of your unused retirement assets, such as your IRA, 401(K), 403(b), pension, or other tax-deferred plan, is a great way to bless the hurting through Operation Blessing and Orphan’s Promise. These gifts not only help children and families in need, but in some cases, they also can provide tax relief for your loved ones.
Benefits
- Avoid potential estate tax on retirement assets
- Your heirs avoid income tax on pre-tax retirement assets if the assets are donated to Operation Blessing or Orphan’s Promise
- You retain ownership and control of your assets during your lifetime since they won’t go to Operation Blessing or Orphan’s Promise until after your passing
- Receive potential estate tax savings from an estate tax deduction
- You can change your beneficiary designation at any time during your lifetime
How to Make a Gift of Retirement Assets
To leave a retirement asset to Operation Blessing or Orphan’s Promise, fill out the beneficiary form provided by your retirement plan custodian. Provide the legal name for Operation Blessing and Orphan’s Promise (Operation Blessing International Relief and Development Corporation) and tax ID number (54-1382657). Your gift will be tax-free for the charity, and the value of the gift may qualify for an estate tax charitable deduction.
Make a lasting impact by giving retirement assets in a tax-wise way.
Download your free brochure here.
Address: Operation Blessing International Relief and Development Corporation
Planned Giving – CSB 112
977 Centerville Turnpike
Virginia Beach, VA 23463
Legal Name: Operation Blessing International Relief and Development Corporation
Tax ID: 54-138657
Disclaimer: Information contained herein was accurate at the time of posting. This site is informational and educational only. Every individual’s situation is unique. The information on this website does not provide and is not intended to provide estate planning, legal, or tax advice. For such advice, please consult your personal attorney, CPA, or other qualified professional advisor. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.