Philanthropy

CASH

A gift of cash is an easy way for you to make a gift to TPT. You can make an immediate impact on our mission and benefit from a charitable income tax deduction. Checks should be made out to Twin Cities PBS and mailed to:

Development Office
Twin Cities PBS
172 E. 4th Street
St. Paul, MN 55101

STOCK

Donating appreciated securities is a great way for you to make a gift to TPT. You can deduct the full present fair market value and you owe no tax on the appreciation in value. Stockbrokers require delivery instructions in writing. To make a stock gift to TPT, you will need to give the following information to your broker:

• Firm: UBS Financial Services Inc.
• Primary Contact: Michael Block, (612) 303-5842, [email protected]
• Twin Cities Public Television, Account number: 7A30673
• DTC number: 0221

Please also contact Abbey Sepich, Development Assistant, at (651) 229-1548 or [email protected] with your name, type of stock and the number of shares so we can provide documentation for your tax deduction.

RETIREMENT PLAN ASSETS

Donating part or all of your unused retirement assets such as a gift from your IRA (IRA charitable Rollover), 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift. Benefits of gifts of retirement assets:

• Avoid potential estate tax on retirement assets
• Your heirs would avoid income tax on any retirement assets funded on pre-tax basis
• Receive potential estate tax savings from an estate tax deduction

To leave your retirement assets to TPT, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate TPT as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

IRA DISTRIBUTIONS

At age 70 ½, IRA owners are required by law to take mandatory minimum distributions. An increasingly popular way to make gifts tax-free, transfers to TPT must be made directly from the IRA or by writing a check from the IRA up to a $100,000 limit. Now that the IRA Charitable Rollover legislation is passed permanently, this enables donors to plan each year in advance.

LIFE INSURANCE

A gift of your life insurance is an excellent way to make a gift to TPT. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy. Contact your insurance provider, request a beneficiary designation form and include TPT as the beneficiary of your policy.

BEQUESTS

Including Twin Cities PBS in your will is an easy way to make a generous gift to TPT.

In your will you have choices about how you name TPT as a beneficiary.

• You may wish to leave a fixed dollar amount to TPT. You will need to specify exactly how much you would like the station to receive.
• Another popular option is to give Twin Cities PBS a percentage of your estate. This makes good sense if you don’t have a clear idea of how much your estate will be worth at your death.

Tell Your Attorney

Below is suggested language that you might use in your will to designate Twin Cities PBS as a beneficiary.

I give devise to Twin Cities Public Television, Inc., a not-for-profit corporation of the State of Minnesota, ____percent of my estate (or the residue or the sum of $_____; or the properties, securities, etc. described herein) to be used for its unrestricted purposes, or for its endowment.

If You Already Have a Will

It is very easy to add a codicil to your will, which designates TPT as one of your beneficiaries.

Full Legal Name of TPT: Twin Cities Public Television, Inc.
Federal Tax I.D. Number: 41-0769851

Please let us know if you have included TPT in your plans.

DONOR ADVISED FUNDS

Through Donor-Advised Funds, you make irrevocable contributions to a fund you establish, often in your name or to honor a family member. The most typical charitable sponsors are community foundations and funds affiliated with financial service firms. You then claim a charitable deduction for income tax purposes and recommend that money be granted to TPT. These organizations work closely with us to fulfill your charitable goals. Please allow 2-3 months for your recommendation to be fulfilled by calendar year end.

FAMILY FOUNDATIONS

Another option to match your philanthropic intent with TPT’s public media mission is to make a grant from your family foundation. A private family foundation by law must distribute a minimum of 5% of its assets yearly to charity. TPT often benefits from family foundations who give grants for general operations or to fund a specific content area or program. TPT works closely with family members and/or foundation appointed administrators to jointly fulfill the mission of donors and TPT.

CHARITABLE GIFT ANNUITY

The Charitable Gift Annuity (CGA) is one of the oldest and most popular ways to support a favorite charity. It is simple to complete and provides income for you or another individual of your choice as well as tax benefits.

In exchange for your gift of cash or marketable securities, TPT agrees to pay you (and/or a loved one) an annual sum for the remainder of your life(lives). The amount of the annuity is based on the age of the income beneficiary(ies): the older you are, the higher the rate you will receive.

A CGA is a simple contract between a donor and a charity, such as Twin Cities PBS. The contract specifies the amount of income to be paid annually (the “annuity”) to the donor; the name of the individual (or individuals) who will receive the income; and the charitable purpose of the gift after the life of the income recipient(s).

CGAs can be established with a gift of $10,000 or more and qualify you for an immediate income tax deduction. And, a portion of the yearly income is tax-free. You may also receive favorable capital gains tax treatment when making gifts of appreciated property.

CHARITABLE REMAINDER ANNUITY TRUSTS

A Charitable Remainder Annuity Trust (Annuity Trust) is a gift plan defined by federal tax law that allows you to provide income to yourself or others while making a generous gift to Twin Cities PBS. The income may continue for the lifetimes of the beneficiaries you name, a fixed term of not more than 20 years, or a combination of the two.

CHARITABLE LEAD TRUSTS

A Non-Grantor Charitable Lead Annuity Trust (Lead Annuity Trust) is a gift plan defined by federal tax law that allows you to transfer assets to family members at reduced tax cost while making a generous gift to Twin Cities PBS.

CASH

A gift of cash is an easy way for you to make a gift to TPT. You can make an immediate impact on our mission and benefit from a charitable income tax deduction. Checks should be made out to Twin Cities PBS and mailed to:

Development Office
Twin Cities PBS
172 E. 4th Street
St. Paul, MN 55101

STOCK

Donating appreciated securities is a great way for you to make a gift to TPT. You can deduct the full present fair market value and you owe no tax on the appreciation in value. Stockbrokers require delivery instructions in writing. To make a stock gift to TPT, you will need to give the following information to your broker:

• Firm: UBS Financial Services Inc.
• Primary Contact: Michael Block, (612) 303-5842, [email protected]
• Twin Cities Public Television, Account number: 7A30673
• DTC number: 0221

Please also contact Abbey Sepich, Development Assistant, at (651) 229-1548 or [email protected] with your name, type of stock and the number of shares so we can provide documentation for your tax deduction.

RETIREMENT PLAN ASSETS

Donating part or all of your unused retirement assets such as a gift from your IRA (IRA charitable Rollover), 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift. Benefits of gifts of retirement assets:

• Avoid potential estate tax on retirement assets
• Your heirs would avoid income tax on any retirement assets funded on pre-tax basis
• Receive potential estate tax savings from an estate tax deduction

To leave your retirement assets to TPT, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate TPT as beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

IRA DISTRIBUTIONS

At age 70 ½, IRA owners are required by law to take mandatory minimum distributions. An increasingly popular way to make gifts tax-free, transfers to TPT must be made directly from the IRA or by writing a check from the IRA up to a $100,000 limit. Now that the IRA Charitable Rollover legislation is passed permanently, this enables donors to plan each year in advance.

LIFE INSURANCE

A gift of your life insurance is an excellent way to make a gift to TPT. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy. Contact your insurance provider, request a beneficiary designation form and include TPT as the beneficiary of your policy.

BEQUESTS

Including Twin Cities PBS in your will is an easy way to make a generous gift to TPT.

In your will you have choices about how you name TPT as a beneficiary.

• You may wish to leave a fixed dollar amount to TPT. You will need to specify exactly how much you would like the station to receive.
• Another popular option is to give Twin Cities PBS a percentage of your estate. This makes good sense if you don’t have a clear idea of how much your estate will be worth at your death.

Tell Your Attorney

Below is suggested language that you might use in your will to designate Twin Cities PBS as a beneficiary.

I give devise to Twin Cities Public Television, Inc., a not-for-profit corporation of the State of Minnesota, ____percent of my estate (or the residue or the sum of $_____; or the properties, securities, etc. described herein) to be used for its unrestricted purposes, or for its endowment.

If You Already Have a Will

It is very easy to add a codicil to your will, which designates TPT as one of your beneficiaries.

Full Legal Name of TPT: Twin Cities Public Television, Inc.
Federal Tax I.D. Number: 41-0769851

Please let us know if you have included TPT in your plans.

DONOR ADVISED FUNDS

Through Donor-Advised Funds, you make irrevocable contributions to a fund you establish, often in your name or to honor a family member. The most typical charitable sponsors are community foundations and funds affiliated with financial service firms. You then claim a charitable deduction for income tax purposes and recommend that money be granted to TPT. These organizations work closely with us to fulfill your charitable goals. Please allow 2-3 months for your recommendation to be fulfilled by calendar year end.

FAMILY FOUNDATIONS

Another option to match your philanthropic intent with TPT’s public media mission is to make a grant from your family foundation. A private family foundation by law must distribute a minimum of 5% of its assets yearly to charity. TPT often benefits from family foundations who give grants for general operations or to fund a specific content area or program. TPT works closely with family members and/or foundation appointed administrators to jointly fulfill the mission of donors and TPT.

CHARITABLE GIFT ANNUITY

The Charitable Gift Annuity (CGA) is one of the oldest and most popular ways to support a favorite charity. It is simple to complete and provides income for you or another individual of your choice as well as tax benefits.

In exchange for your gift of cash or marketable securities, TPT agrees to pay you (and/or a loved one) an annual sum for the remainder of your life(lives). The amount of the annuity is based on the age of the income beneficiary(ies): the older you are, the higher the rate you will receive.

A CGA is a simple contract between a donor and a charity, such as Twin Cities PBS. The contract specifies the amount of income to be paid annually (the “annuity”) to the donor; the name of the individual (or individuals) who will receive the income; and the charitable purpose of the gift after the life of the income recipient(s).

CGAs can be established with a gift of $10,000 or more and qualify you for an immediate income tax deduction. And, a portion of the yearly income is tax-free. You may also receive favorable capital gains tax treatment when making gifts of appreciated property.

CHARITABLE REMAINDER ANNUITY TRUSTS

A Charitable Remainder Annuity Trust (Annuity Trust) is a gift plan defined by federal tax law that allows you to provide income to yourself or others while making a generous gift to Twin Cities PBS. The income may continue for the lifetimes of the beneficiaries you name, a fixed term of not more than 20 years, or a combination of the two.

CHARITABLE LEAD TRUSTS

A Non-Grantor Charitable Lead Annuity Trust (Lead Annuity Trust) is a gift plan defined by federal tax law that allows you to transfer assets to family members at reduced tax cost while making a generous gift to Twin Cities PBS.