Defender of Futures Fund

With a LITTLE planning, you can make a BIG impact. By making a planned gift to Big Brothers Big Sisters Kansas City to take effect at your death, you create a legacy of defending the futures of Kansas City’s youth.

Important information:

Legal Name: Big Brother Big Sisters Kansas City
Tax Exempt Status: Big Brothers Big Sisters Kansas City is a 501(c)(3) charitable organization.
Tax ID Number: 43-6068464
State of Incorporation: Missouri
Address: 1709 Walnut Street, Kansas City, MO 64108

Below are several options to structure your planned gifts:

GIVE THROUGH YOUR WILL OR REVOCABLE TRUST.

Naming Big Brothers Big Sisters Kansas City as a beneficiary in your will or revocable trust is way to continue investing in your values after your death. You may leave all or a part of your trust or estate to Big Brothers Big Sisters Kansas City. Your bequest can be for a specific dollar amount or a percentage of your estate or trust.

Sample language – Will: I give, devise, bequeath [$________/ ________%] of my estate to Big Brothers Big Sisters Kansas City, a Missouri nonprofit corporation, located in Kansas City, Missouri (Tax Identification Number 43-6068464) for its unrestricted use and purpose.

Sample language – Trust: The Trustee shall distribute [$________/ ________%] of the residuary estate to Big Brothers Big Sisters Kansas City, a Missouri nonprofit corporation, located in Kansas City, Missouri (Tax Identification Number 43-6068464) for its unrestricted use and purpose.

GIVE THROUGH BENEFICIARY DESIGNATIONS.

Designating Big Brothers Big Sisters Kansas City as a beneficiary on your financial accounts, life insurance policies, or retirement assets is one of the simplest ways to make a planned gift. Contact your financial institution, insurance company, and/or plan administrator to request and complete a beneficiary designation form.

GIVE THROUGH YOUR DONOR ADVISED FUND.

Naming Big Brothers Big Sisters Kansas City as a recipient charitable organization for you donor advised fund is a way to leave a legacy at your death. Contact the sponsoring organization of your donor advised fund to name Big Brothers Big Sisters as a recipient charitable organization in the event of your death.

GIVE STOCKS OR SECURITIES.

Transferring securities, including stocks and bonds, at death depends on the rules applicable to the specific stock or bond. In some instances, you may be able to designate Big Brothers Big Sisters Kansas City as a “payable-on-death” or “POD” beneficiary on the stock or security. Alternatively, you can add a bequest of your stocks and securities in your will or revocable trust (see above). Stocks or securities are promptly sold and the proceeds therefrom are used to support Big Brothers Big Sisters Kansas City.

GIVE CRYPTOCURRENCY.

Planning for Bitcoin or other cryptocurrency requires deliberate action. Without the private key, the digital wallet holding the cryptocurrency may be inaccessible. Should you desire to leave cryptocurrency to Big Brothers Big Sisters Kanas City at your death, it is advised that you engage legal counsel to document the private key and access instructions in your will or revocable trust. Bitcoin or other cryptocurrency will be promptly sold and the proceeds therefrom are used to support Big Brothers Big Sisters Kansas City.

GIVE REAL ESTATE.

Transferring real estate, such as a personal residence, vacation home, farm, commercial property or undeveloped land to Big Brothers Big Sisters Kansas City is a generous gift that helps us continue our work and benefits you. There are multiple ways to leave real estate to Big Brothers Big Sisters Kansas City at your death: you can transfer the real estate effective at death by the execution and recordation of the transfer-on-death or beneficiary deed; or you can add a bequest of your real estate in your will or trust (see above).

GIVE THROUGH CHARITABLE TRUSTS.

There are multiple types of trusts that can be utilized for charitable planning purposes. Many donors use a revocable trust to make charitable bequests that payout upon their death (see above). Some donors may wish to utilize a more specialized trust, such as a charitable lead trust or charitable remainder trust, to provide reliable payments for their family and effectuate their charitable intent. Please consult with your financial, legal, and tax counsel to determine if one of these types of charitable trusts will help you meet your financial and planned giving goals, and to understand the tax implications thereof.

NEXT STEPS:

Contact Us.

The best way to have a BIG impact on the futures of LITTLES is to have a conversation with Big Brothers Big Sisters Kansas City development team before you start creating your planned gift. Please contact Tiffany Stuck at (816) 777-2872 or [email protected] to get started.

Engage Professionals.

Prior to making a planned gift, you should your consult with your financial, legal, and tax professionals for advice specific to your situation. Big Brothers Big Sisters Kansas City does not provide financial, legal, or tax advice. The content of material set forth above has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, financial, legal, or tax advice. You may not rely upon the content contained herein for any decisions that you make with respect to any current or future donation or contribution to Big Brothers Big Sisters Kansas City.

Inform Us.

Please inform us of your planned gift so that we may ensure your gift is used according to your wishes. This information will enable us to plan for our future initiatives. You can notify us by sending us a signed [Declaration of Support Letter] or by contacting Tiffany Stuck at (816) 777-2872 or [email protected].

As a donor of a planned gift, you are part of our [LEGACY CLUB NAME]. Enjoy invitations to Big Brothers Big Sisters Kansas City events, meet other donors of planned gifts, and other benefits. We want to celebrate your generosity! However, if you prefer to remain anonymous, we will keep your name and gift in strict confidence.