About HFES

Planned Giving Opportunities

Consider Providing HFES a Gift of Appreciated Securities

How It Works:

Contact your broker to arrange a gift of appreciated securities to HFES after notifying us of your intent (insert link to notification form).  Your broker should use the following UBS brokerage information to transfer the securities: 

Incoming DTC Instructions

Receiving Bank:      UBS Financial Services

DTC Number:          0221


Further Credit to –

Account Name:       HFES

Account Number:    Wsxxxxx

 

HFES will need the following information from you:

  • Name of stock
  • Number of shares
  • Designation
  • Timeframe expected
  • Name of brokerage account

You will need to provide instructions to your broker to initiate the transfer to one of the accounts held at UBS. It is important that you authorize the broker to disclose to HFES your name and the details pertaining to the stock transfer. This will allow us to identify the gift when it arrives.

Benefits:

  • You may receive a federal income-tax deduction for the full fair-market value of the securities
  • You avoid long-term capital-gain tax on any appreciation in the value of the stock
  • Your gift will support HFES as you designate

 

Gifts from Retirement Plans

How It Works:

  1. You take a distribution from your qualified retirement plan or IRA that is includable in your gross income
  2. You make a gift of the distribution or of other assets equal in value to the distribution
  3. You receive an offsetting charitable deduction
  4. If you are 70½ or older, read ahead about the IRA rollover opportunity available to you

Benefits:

  • You may draw on perhaps your largest source of assets, with no adverse tax consequences, to support the programs that are important to you at HFES
  • The distribution offsets your minimum required distribution
  • If you use appreciated securities instead of cash from your distribution to make your gift, you'll avoid the capital-gain tax on the appreciation

 

Gifts from Retirement Plans Upon Death

How It Works:

  1. You name HFES as beneficiary for part or all of your retirement-plan benefits
  2. Funds are transferred by plan administrator at your death

Benefits:

  • No federal income tax is due on the funds that pass to HFES
  • No federal estate tax on the funds
  • You make a significant gift for the programs you support at HFES

 

Qualified Charitable Distribution (QCD) or “IRA Rollover” Gifts for Donors Aged 70½ or Older

How It Works:

  1. You are 70½ or older and instruct your plan administrator to make a direct transfer of up to $100,000 to HFES
  2. Plan administrator makes transfer as directed to HFES

Benefits

  • Your gift is transferred directly to HFES; since you do not receive the funds, they are not included in your gross income*
  • Your gift will count towards your minimum distribution requirement, which, under the 2019 SECURE Act, begins at the age of 72
  • You support the programs that are important to you at HFES

*No income-tax deduction is allowed for the transfer.

 

Gifts by Will and Living Trusts

How It Works:

  1. You include a bequest provision in your will or revocable trust
  2. At your death HFES receives the bequest you specified

Benefits:

  • You may change your bequest or trust designation at any time
  • You control the funding property during your lifetime
  • Your bequest or trust designation will not be subject to any potential federal estate tax
  • You provide future support for HFES

Bequests

If you are considering making an outright bequest to HFES, we recommend the following language:

Bequest of a Specific Dollar Amount

I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to HFES, a nonprofit organization located at 2001 K Street NW, 3rd Floor North, Washington, DC 20006, Federal Tax ID #95-2151714, for HFES's general use and purpose.


Percentage Bequest

If you are considering making a bequest of a percentage of your estate to HFES, we recommend the following language:

I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to HFES, a nonprofit organization located at 2001 K Street NW, 3rd Floor North, Washington, DC 20006, Federal Tax ID #95-2151714, for HFES's general use and purpose.

 

Contingent Bequest

If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to HFES, a nonprofit organization located at 2001 K Street NW, 3rd Floor North, Washington, DC 20006, Federal Tax ID #95-2151714, for HFES's general use and purpose.

Disclaimer:  Prospective donors are urged to consult their tax and financial advisors concerning the consequences of making gifts to HFES.  HFES is a 501(c)(3) corporation.