If you are like most people, you probably will not use all of your retirement funds during your lifetime.
Making a planned gift to PAWS by allocating unused retirement assets from your IRA, 401(k), 403(b), pension, or other tax-deferred plan is an excellent way to help further our mission.
Typically, retirement plan balances are subject to both income and estate taxes. However, because PAWS is a 501(c)3 nonprofit organization, we won’t pay income tax on the distribution, nor will the gift be subject to estate tax. Your retirement assets may be pledged to PAWS by completing a beneficiary designation form provided by your plan custodian. Your estate planner, financial advisor, or accounting professional can advise you on the tax benefits, financial considerations, and savings associated with making a planned gift to PAWS.
Philadelphia Animal Welfare Society’s (PAWS’) Federal Tax ID# is 26-3862631.
If you have any questions, please contact Lauren Hanak, Director of Development, at 267-320-6429 or lauren.hanak@phillypaws.org.
