Planned and Legacy Giving

Your will or trust is a  simple way to support and care for loved ones and create a legacy of giving for causes that are important to you. Ask the Lord to inspire your heart and guide your steps with principles from His Word.

To make an impact that reaches future generations through your will or trust:

• Get Inspired. Seek the Lord’s wisdom.
• Create Your Will. Create a will that reflects your personal, and family goals and values. For information on how to update your will or our complimentary estate planning services, reach out to our legacy office.
• Create Your Trust. Create a Living Trust to care for your loved ones, protect your estate’s privacy, and pass on your legacy and values to your family.
• Have Peace. Tell your family about your plan to leave this long-lasting legacy.
• Let us know. Contact us at [email protected] to let us know you’ve remembered Water Mission in your will or trust. We’d love the opportunity to say thank you and share about the ways your gift will save lives through safe water.

The following language and legal address may be useful when updating your will:

“I give, devise, and bequeath to Water Missions International, doing business as Water Mission, 1150 Molly Greene Way, Bldg. 1605, N. Charleston, SC 29405, the sum of $__________ or the following described property, or ____ percent of the rest, residue, and remainder of my estate.”  

Tax ID Number: 57-1116978 

What is a Donor Advised Fund (DAF)?

A donor-advised fund is a separately identified fund or account that is maintained and operated by a sponsoring charitable organization (such as a community foundation or other charitable gift fund). Each account is composed of contributions made by individual donors. DAFs can accept cash and non-cash assets (stock, real estate, mutual funds, etc.) as contributions. The public charity that holds the DAF provides the donor with a tax receipt for their donations to the DAF. The donor decides the investment strategy and retains advisory privileges regarding the qualified charities to which the DAF grants funds.

A donor-advised fund allows donors to make easy, direct contributions to charities from their fund and is one of the easiest, most effective ways to give to charity.

Make Your Contribution Today

If you have a donor-advised fund, it’s easy to contribute directly from that fund to Water Mission. Please send an email to [email protected] and we will send you the information needed to make this type of gift.

You can designate a charity, like Water Mission, as a beneficiary of your retirement account. This gift is not taxable to your heirs and will help bring safe and Living Water to people around the world. You can include Water Mission for a percentage or specific amount on your beneficiary form.

Real Estate
By giving real estate to Water Mission, you will be impacting future generations with safe and Living Water. Donating real estate unhindered by debt can also yield tax advantages. Donors can potentially receive a charitable deduction based on the property’s fair market value while avoiding capital gains taxes.

Appreciated Securities
You can transfer appreciated stocks, bonds, and mutual funds from a taxable investment portfolio to Water Mission. Giving long-term appreciated securities rather than cash can avoid potential capital gains taxes, allowing you to give more at the same net cost. With certain limitations, you may receive a fair-market-value tax deduction on securities donated. 

Vehicles
Donating a vehicle to Water Mission is a great way to free up garage space and help provide safe water to people around the world. We partner with CARS, an organization that will take care of everything from pick-up and sale to sending the donation receipt and necessary tax documents. Thanks to vehicle donors like you, CARS has returned more than $450 million to nonprofits like Water Mission. 

Business Interests
To give a business interest to Water Mission, you can directly donate a portion of your ownership stake in a company. This will require an appraisal to determine the fair market value of the interest, as well as proper legal procedures to transfer the ownership. This is often done through a donor-advised fund or by consulting with a charitable giving advisor to ensure compliance with IRS regulations. 

Mineral Interests
Do you own mineral interests such as oil, gas, coal, iron, sulfur, or precious metals, that give you the right to mine or produce minerals? If so, you can donate your interests to Water Mission. We will hold the interest and collect the royalties, or sell it for immediate impact. This is a simple way to support our work without impacting your cash flow, allowing you to receive an immediate tax deduction and possibly reduce estate tax liability. 

Grain
In the same way you nurture your crops, you can nurture the next generation by helping people have safe water. By giving grain to Water Mission, you avoid reporting the grain as farm income, which can offer tax benefits. You generally will not receive a charitable income tax deduction, but you can still deduct the cost of growing the crops, helping reduce your taxes. 

You can transfer appreciated stocks, bonds, and mutual funds in a taxable investment portfolio to Water Mission and bless your global neighbors. Giving stocks can provide a significant opportunity to avoid capital gains tax, receive a tax deduction, and give in a simple way that aligns with your values. Compared with selling your appreciated securities and contributing the after-tax proceeds, you may be able to increase your gift and tax deduction by donating stock to charity.

Life Insurance Policies
Designating Water Mission as a beneficiary of your life insurance policy is an easy way to help transform the lives of men, women, and children in developing countries and disaster areas through safe and Living Water.

When you set up a permanent life insurance policy with the insurance company of your choice, simply name Water Mission as a beneficiary. Alternately, you may assign the policy to Water Missions International, doing business as Water Mission, and use the cash value as a charitable deduction.

Please let us know that you’ve decided to bless the ministry through a life insurance policy by contacting us at [email protected]. We’d love the opportunity to say thank you and share about the ways your gift will save lives through safe water!

Retirement Plans
You can designate a charity, like Water Mission, as a beneficiary of your retirement account. This gift is not taxable to your heirs and will help bring safe and Living Water to people around the world.  

Please let us know that you are blessing the ministry through your retirement plan by contacting us at [email protected]. We’d love the opportunity to say thank you and share how your gift transforms lives through safe and Living Water. 

People who hold Individual Retirement Accounts must take a required minimum distribution (RMDs) each year beginning at age 73, increasing the IRA holder’s total taxable income. However, those aged 70 1/2 or older can reduce taxes by directing up to  $108,000 (per plan owner) of their RMD to charity through a Qualified Charitable Distribution (QCD), which is not taxable. While 401(k) or 403(b) plans are not eligible, rolling them into a traditional IRA allows you to give to charities like Water Mission via a QCD.

If you would like to make a QCD, please send an email to [email protected] and we will send you the information needed to make this type of gift.

Charitable gift annuities are a simple arrangement that involves a contract between a 501(c)(3) public charity and an annuitant.  The contract with the charity is that they will provide lifetime income to the annuitant/annuitants (two-life annuity).  A portion of the funds to start the annuity are tax deductible as well as tax favored income for life At the end of  the annuitant(s) life/lives or an agreed upon term, the charitable gift goes to support our work. Although Water Mission does not currently offer charitable gift annuities, you might be able to establish a gift annuity through a community foundation or National Christian Foundation so that it will benefit Water Mission.  

Please let us know that you’ve decided to bless the ministry in this way by contacting us at [email protected]. We’d love the opportunity to say thank you and share about the ways your gift will save lives through safe water!