Continue Supporting LGBTQ Rights After Your Lifetime with a Beneficiary Designation from an IRA or Insurance Plan.
Committed to supporting Horizons Foundation and our mission to meet the needs, secure the rights and celebrate the lives of LGBTQ people even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name Horizons as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.
And not only is it an easy way to give, but it's also flexible—you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.
Legacy Giving in Action
Jimena and Carol have always valued hard work. They have been able to provide financial assistance to their loved ones, and give generously to Horizons and the LGBTQ community over the years. Now that their nieces and nephews are grown, Jimena and Carol changed their estate plan so it could work harder for the people and causes they love.
The couple recently updated their will to leave stocks and real estate to their family members, and transfer the remaining assets in their IRAs to Horizons. Because Horizons is tax-exempt, 100% of those assets will help support our work with the LGBTQ community.
If their will had left $75,000 in IRAs to their nieces and nephews, approximately $18,000* would have gone to pay federal income taxes—leaving only $54,000 for their family's use. Jimena and Carol are happy knowing that their updated estate plan helps them make the most of their hard-earned money to take care of the people and the community they care about.
*Based on an assumption of a 24 percent marginal income tax bracket.
See How It Works
Learn How to Fund It
You can name us beneficiary of the following assets:
- Contact Deb Stallings at 415.398.2333 x103 or firstname.lastname@example.org for additional information on beneficiary designations and how they can help support Horizons.
- Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
- If you name Horizons in your plans, please use our legal name and Federal Tax ID.
Legal Name: Horizons Foundation
Address: 550 Montgomery Street, Suite 700 San Francisco, CA 94111
Federal Tax ID Number: 94-2686530