Make a Planned Gift
As a global foundation, Astraea plays a unique role in the ongoing struggle for LGBTI rights, economic justice, racial equality and the eradication of the many "isms" that diminish people and our world. Astraea has a well-established track record as an innovative philanthropic entity that partners with individuals and other foundations who believe, as we do, that meaningful change can occur when collective resources are acutely focused.
Women Will and Friends Circle is a Giving Circle for women and allies who have made planned gifts and bequests to Astraea Foundation. It provides a way for Astraea to recognize and thank donors who have designated us as a beneficiary of their estate during their lifetime and to involve them more intimately in the Foundation's work.
Women Will and Friends Circle members will be recognized in Astraea publications and at special events.
There are many ways of making a planned gift to Astraea. Each option is expressive of a donor's particular interests and each has a distinct tax advantage. Moreover, a variety of assets may be appropriate for charitable gift purposes.
In many cases a deferred gift enables a donor to make a more significant contribution to Astraea than would be possible by an outright gift. Most often such gifts are funded with cash or stock and take the form of life income arrangements, which generate income for the donor during her lifetime or for a term of years. The principal then reverts to Astraea. The donor receives immediate tax benefits for the contribution while helping insure Astraea's future strength. The donor may name an income beneficiary other than herself, and she may also extend the income interest to include the life of a second or survivor beneficiary.
Charitable Remainder Trusts
Cash, securities or real estate are put into an irrevocable trust. This trust pays income annually to you (or another beneficiary that you choose) with the remainder of the trust benefiting Astraea upon your (or their) death. You qualify for tax advantages at the time the gift is made and the trust is exempt from estate taxes at the time of your death.
Charitable Lead Trusts
Cash, securities or real estate are placed into an irrevocable trust. In this case the trust pays income to Astraea for a certain period of time. At the end of the trust period, the entire trust principal plus any appreciation and undistributed income returns to the donor or the designated beneficiaries. A lead trust can work well for donors who have estates worth $1 million or more and fund the trust with a minimum of $100,000.
To designate Astraea as a beneficiary in your will, insurance policy or retirement fund, please contact Ariel Federow, Development Associate, at firstname.lastname@example.org or at 212-529-8021, ext. 817.