NEVADA TEST SITE HISTORICAL FOUNDATION

 
 
 

OTHER WAYS TO SUPPORT THE NEVADA TEST SITE HISTORICAL FOUNDATION:

Gifts of Stock - this is almost as easy to do as gifts of cash.  When you transfer appreciated stock to NTSHF, you will be eligible to take an immediate income tax deduction and bypass tax of the appreciation (capital gains) of the stock.

Bequests - Bequests to NTSHF can reduce the taxes on an individual's estate.  If you are interested in making a bequest to NTSHF, you can either make a bequest of a specific amount of money or property (such as 100 shares of XYZ stock) or a bequest of a percentage of the estate.  Sample language for a bequest could be worded something like:

FOR A SPECIFIC BEQUEST:

"I, (name of donor), give (specific amount) to the Nevada
Test Site Historical Foundation, having its offices at 755 E. Flamingo Road, Las Vegas, NV, 89119 for its general purposes."

FOR A PERCENTAGE BEQUEST:

"I, (name of donor), give (a specific percentage) of my estate to the Nevada Test Site Historical Foundation, having its offices at 755 E. Flamingo Road, Las Vegas, NV, 89119 for its general purposes."

A third type of bequest is a residual bequest in which the donor leaves the remainder of the estate, after all other gifts and expenses are taken care of, to the Nevada Test Site Historical Foundation.

Life Insurance - Life insurance policies provide surviving beneficiaries with a death benefit.  If you wish to include NTSHF as a beneficiary of a life insurance policy, you may do so - in consultation with your financial advisor and family members.  There is no charitable deduction for this gift because the gift is only realized at the donor's passing.  You can also make NTSHF the owner and beneficiary of a life insurance policy.  Premiums paid by the donor may then be tax-deductible.

Other Deferred Gifts - Also known as Life Income Gifts, these gifts allow you to retain some interest in the asset you use to make the gift.  For example, you can establish a charitable remainder trust with cash, securities, or property.  During your lifetime or a within a certain period of time, the trust pays out a fixed percentage of annual earnings or amount from these earnings.  The "remainder," which ultimately passes to NTSHF, is tax-deductible at the time that the trust is established.  Tax deduction is based on such factors as the age of the income beneficiary, the amount or percentage to be paid out, and the dollar amount transferred to the trust.

As with any gift arrangement, please consult your financial advisor before making a gift to NTSHF.

If you are interested in learning more about how you can benefit NTSHF, please send your inquiry to [email protected] and we will arrange for you to speak with one of our NTSHF board members or the Director of the Atomic Testing Museum.

     
     
755 E. Flamingo Road, Las Vegas Nevada 89119-7363 Phone: 702-895-0479 Fax: 702-895-0502