PLANNED GIVING

What is the Ring Society? The Ring Society is our way of celebrating the generosity of friends who are providing for the future of the foundation through a planned gift. Your planned gift automatically makes you a member of The Ring Society, named after R. Warner Ring, former FICPA President who died in a car accident in the 1950’s. It was in his memory, that the Foundation was set up. This society honors you and the legacy you are leaving. You can choose to be a named or anonymous member (your gift amount always remains confidential). Please know that being a named member helps inspire others to also think about and create their own legacy. The Ring Society Annual Induction The Ring Society Annual Induction Luncheon will be held in gratitude of your legacy gift and a chance to celebrate the new, current and family members of the Society. How Do I Join The Ring Society? Anyone who agrees to make a planned gift to the FICPA Scholarship Foundation is entitled to membership in The Ring Society. No minimum amount is required. Membership is also open to those who provide to the FICPA Scholarship Foundation through other planned giving instruments, such as life insurance or a charitable gift annuity. There is a simple form to complete and provide to the Foundation. All information will be held in the strictest confidence. The form is needed so that we can maintain an accurate record of who has taken this deeply significant step to leaving a legacy.

Here are practical, simple gift ideas and estate planning tips on getting your plans in order, relevant to your stage in life, to protect your family and support the FICPA Scholarship Foundation. The goal of estate planning is to provide peace of mind and financial support for yourself and your loved ones. After your family is taken care of, you can extend your support by including a gift to the FICPA Scholarship Foundation in your long-term plans. I’m Under Age 40Planning for Your Loved Ones Create your first will. Put a living will in place. Include a durable power of attorney. Take full advantage of your retirement plans. Helping Others Include a gift to us in your will. Designate a percentage of your retirement plan assets to benefit the FICPA Scholarship Foundation after your lifetime. I’m Age 40-54Planning for Your Loved Ones Create your first will, or update an existing document. Put a living will in place. Include a durable power of attorney. Take full advantage of your retirement plans. Helping Others Include a gift to us in your will. Designate a percentage of your retirement plan assets to benefit the FICPA Scholarship Foundation after your lifetime. Donate appreciated stock you have owned for more than one year. I’m Age 55-69Planning for Your Loved Ones Make sure your will is up-to-date. Plan for a financially secure retirement. Helping Others Leave us a percentage of your assets through a gift in your will. Make a charitable gift to us and receive fixed payments for life. Designate a percentage of your retirement plan assets to benefit the FICPA Scholarship Foundation after your lifetime. Donate appreciated stock you have owned for more than one year. Donate your home or another piece of real estate. Arrange a charitable remainder trust to benefit the FICPA Scholarship Foundation. Set up a charitable lead trust that supports us and helps preserve your loved ones' inheritance. I’m Age 72 or OlderPlanning for Your Loved Ones Make sure your will is the best it can be. Helping Others Leave us a percentage of your assets through a gift in your will. Make a charitable gift to us and receive fixed payments for life. Designate a percentage of your retirement plan assets to benefit the FICPA Scholarship Foundation after your lifetime. Make tax-free gifts from your IRA. Donate appreciated stock you have owned for more than one year. Give savings bonds as a charitable gift through your will. Donate your home or another piece of real estate. Arrange a charitable remainder trust to benefit the FICPA Scholarship Foundation. Set up a charitable lead trust that supports us and helps preserve your loved ones' inheritance.

There are almost as many variations on ways to make a donation as there are needs to be met. Explore this section to discover new ways to make a gift that also take into consideration your personal circumstances and the needs of your heirs. Gifts That Pay You Income Charitable Gift Annuities Charitable Remainder Trusts Gifts You Make Today Charitable IRA Rollover Memorial and Honorary Gifts Charitable Lead Trusts Donor Advised Funds Gifts That Make an Impact after Your Lifetime Bequests Beneficiary Designations Endowed Gifts Give My Home, But Live There for Life

What is a Planned Gift? Planned gifts are gifts you plan today, to give in the future. They create extraordinary opportunities to support the Foundation and are a meaningful and powerful way to honor the heroes that had a vision. Examples of planned gifts are: Beneficiary through wills or trusts; Retirement plans such as IRA or 401(k); Gifts that pay you income: charitable trusts and annuities; Gifts of real estate or vacation homes. How do I make a bequest? A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to the FICPA Scholarship Foundation to use where most needed as part of your estate plan. What are my options to bequest? A bequest can be made in several ways including: You can gift a specific dollar amount or asset; You can gift a percentage of your estate; You can gift from the balance or residue of your estate; You can make a beneficiary designation of certain assets. What language should I use to state my bequest? Adding a bequest to your will or living trust can be as simple as adding a single sentence. Here's our preferred bequest language; take this to your attorney to use as a starting point. Contact us if you have any questions! I give the sum of $___ or ___% to the FICPA Scholarship Foundation (Federal Tax ID #59-6152454) to be used or disposed of as its Board of Trustees deems appropriate in its sole discretion. Why should I inform you of my Planned Gift? You have spent thoughtful time considering your legacy and we would like to be able to thank you in advance for your kind consideration