Gifts That Cost You Nothing Now

Gifts in a Will and Gifts by Beneficiary Designation are two easy ways to make gifts that will have an impact for those in need for generations to come — and they don’t cost anything now.

A gift in your will is one of the easiest ways to create your legacy of impoverished children experiencing God's love and acceptance in tangible ways.

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NO COST

Costs you nothing now to give in this way.

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FLEXIBLE

You can alter your gift or change your mind at any time and for any reason.

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LASTING IMPACT

Your gift will create your legacy of honoring Jesus Christ through stewardship, compassion and commitment.

4 simple, “no-cost-now” ways to give in your will

General gift

Leaves a gift of a stated sum of money in your will or living trust. For example, you might decide to leave each of your grandchildren $10,000. It’s considered to be ‘general’ because it doesn’t specify from where the money comes.

Residual gift
Leaves what is left over after all other debts, taxes, and other expenses have been paid.
Specific gift
Leaves a specific dollar amount, percentage, fraction, or specific items (collections, art, books, jewelry, and so on).
Contingent gift
Leaves a stated amount or share only if a spouse, family member or other heir/beneficiary does not live longer than you. In other words, your gift is contingent upon whether or not they survive after you.

It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in creating a world informed and inspired by Compassion International — and it costs nothing now.

By naming Compassion International as a beneficiary of these assets, you power our approach to teach the lessons of Compassion International that will make a lasting impact. Your gift impacts the young and the old through Compassion International and becomes your personal legacy to the world.

Potential benefits of gifts by beneficiary designation:
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Reduce or eliminate taxes on retirement assets

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Reduce or avoid probate fees

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No cost to you now to give

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Create your legacy with Compassion International

To name Compassion International as a beneficiary of your retirement plan, contact your bank or insurance company to see whether a change of beneficiary form must be completed.

How to Change a Beneficiary Designation

Login to your account or request a Change of Beneficiary Form from your custodian (the business holding your money or assets).

Follow the links to change your beneficiary or fill out the form.

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Be sure to spell the name of our organization properly: Compassion International Inc.

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Include our tax identification number: 36-2423707

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Save or submit your information online or return your Change of Beneficiary Form.

Types of Gifts

A Gift of Retirement Funds (beneficiary of your retirement plan)

You can simply name Compassion International as a beneficiary of your retirement plan to help animals get the care they need.

A gift of funds remaining in your bank accounts, brokerage accounts or certificate of deposit (CD)

This is one of the easiest gifts to give and one of the most useful in accomplishing what you want – protecting children from extreme poverty. The next time you visit your bank, you can name Compassion International Inc. (Tax ID: 36-2423707) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward transforming the lives of children around the world for generations to come.

Donor Advised Fund (DAF) residuals

What remains in a Donor Advised Fund is governed by the contract you completed when you created your fund. When you name Compassion International as a “successor” of your account or a portion of your account value, you're taking a stand in the name of Jesus Christ and serving those in most need.

Savings Bonds

If you have bonds that have stopped earning interest and you plan to redeem them, you might owe income tax on the appreciation. That could result in your heirs receiving only a fraction of the value of the bonds in which you invested. Since Compassion International is a tax-exempt institution, naming us as a beneficiary means that 100% of your gift will go toward helping the world's most vulnerable children thrive into adulthood.

Complimentary Planning Resources are Just a Click Away!

I'm here to help.

Joseph Lovell

Joseph Lovell

National Director of Planned Giving

Compassion International
giftplanning@compassion.com
855-315-5019