Planned Giving

Planned Giving or Endowment Options

Established in 1972, The Buddy Program connects mentors and youth and provides support services in The Roaring Fork Valley community. There are numerous ways to plan for a future charitable donation to The Buddy Program. An individual may name The Buddy Program as a beneficiary in a will, trust, insurance policy, retirement plan, IRA account, bank account or brokerage account. Please contact Kelly Voss, Director of Marketing and Development at 970.927.1001 or Kelly@buddyprogram.org. Be sure to consult your financial advisor regarding the solutions that best address your planned giving objectives.

Wills or Trusts

Name The Buddy Program as the primary beneficiary of:

• Specific assets, a portion of your estate, or your residual estate after payment of other bequests. Gifts may be contingent and revocable; and your taxable estate is reduced by the amount received by The Buddy Program.

Payable on Death (P.O.D.) or Transfer on Death (T.O.D.) Accounts

• Establish a bank account, brokerage account, savings account or certificate of deposit in a form which provides for payment to The Buddy Program upon your death. Accounts are subject to your complete control and may be changed during your lifetime.

• Payable immediately upon your death and it reduces your taxable estate.

Retirement Plans

• Name The Buddy Program as a beneficiary of part or all that remains of your Individual Retirement Account (IRA), Keogh Plan, 401(k), 403(b) or other qualified retirement plan. Proceeds of these plans are distributed outside of probate and are free from federal and state estate and income taxes.

Life Insurance

• Name The Buddy Program as the primary or contingent beneficiary of all or part of the proceeds of a life insurance policy. The proceeds received are excluded from your taxable state.

Appreciated Assets (Stocks or Real Estate)

• Gifts of stock or real estate provide an income tax deduction for the full fair market value of the gift.

• Personal residence or farm may be irrevocably deeded to a charitable organization while the donor retains the right to continue to live in the residence during the donor’s lifetime.

• The real estate will pass directly to the charitable organization avoiding delays and estate settlement expenses.

Charitable Remainder Trusts (CRT)

• Irrevocable trusts provide you with annual annuity payments over your lifetime. Upon your death, the remaining assets of the trust are distributed to The Buddy Program.

• No estate taxes are applied on the value of the remainder interest distributed to The Buddy Program.

• A trustee selected by you, which can be a Bank or Financial Institution, administers the trust during your lifetime.

Start planning today!

I would like more information about planned giving options and estate planning

I have remembered The Buddy Program in my will

[Click here for printable form]

Send to:

Kelly Voss, Director of Marketing and Development

The Buddy Program

110 East Hallam Street, Suite 125

Aspen CO 81611