Planned Giving

The Five Pearls Foundation offers you the following creative options for helping to further our important work. It’s through the support of generous individuals that Five Pearls Foundation is able to provide its service to the community with pre-natal health care education, scholarships, youth development and other programs that improve the human condition.  To have the broadest reach in supporting the Five Pearls mission, we encourage unrestricted gifts.  Thank you for your support and remember, a gift to the Five Pearls Foundation is a gift to the future!


Monthly Giving

Our Monthly Donors provide The Five Pearls Foundation with a steady predictable source of income — which is vitally important to assist in our planning effort

Your commitment to a small monthly gift provides predictable and steady funding for our important programs. As a Sustaining Member, you will be regularly updated on the ongoing efforts Five Pearls Foundation is pursuing.

For your convenience, many supporters prefer to sign up online using a credit or debit card. By using the secure form below, you can become a monthly donor, today.

I would like to give to:*

 

 

Honorary or Memorial Donations

Give a gift to The Five Pearls Foundation in honor or in memory of a friend or loved one.

Your generous donation in the name of a friend or loved one will help support and expand Five Pearls Foundation's important work in the community

When we receive your online gift, we will mail a personalized card notifying the individual or family you have chosen to remember. Below are four important areas where you can direct your gift. Click on links below for more information.

I would like to give to:*

 

 

Bequests and Planned Gifts

Fund the future of The  Five Pearls Foundation through your estate planning or special gifts

Donate Stocks or Securities

The gift of an appreciated asset is a powerful way to support The Five Pearls Foundation's work.

Workplace Giving

Make a gift through your workplace giving program.

Bequests and Planned Gifts

Examples of this type of charitable giving include bequests through your will or living trust; gifts that give you income for life, including a charitable gift annuity, charitable remainder trust, or pooled income fund; and ways to leave a bequest without a will or trust, including retirement plans, insurance policies, and bank/investment accounts.

  • Bequests through your will or living trust

    The most common planned gift is a bequest through your will or living trust. You can arrange a gift of a specific amount, a percentage, or even all or part of the residuum of your estate. If you would like to make such a gift to Five Pearls Foundation, your attorney may wish to include language similar to the following:
    "I give, devise, and bequeath to Five Pearls Foundation, Inc., now or formerly in the City of New York, 2042 Madison Avenue, in the State of New York, (dollar amount or __ percent of the rest, residue, and remainder of my estate), to be used for its general purposes."

Ways to Leave a Bequest Without a Will or Trust

  • Giving retirement funds, insurance policies, and bank/brokerage accounts

    Many charitable people wish to create a legacy for Five Pearls Foundation, but have no interest in writing a will or trust. Here are three ways this can be achieved:

  • name Five Pearls Foundation as beneficiary of a retirement fund
  • name Five Pearls Foundation as beneficiary of an insurance policy, or
  • name Five Pearls Foundation as successor to your bank or investment account

Retirement Funds

You can create a legacy by naming Five Pearls Foundation as beneficiary or contingent beneficiary of an IRA, 401 (k), 403 (b), Keogh account, or other retirement plan. When a retirement account is left to a charity, the organization does not pay the income tax otherwise due if left to a friend or family member. For very high net worth individuals, assets in these accounts may be taxed twice if they are part of your estate, resulting in asset depletion. To make such a gift requires completing a change of beneficiary form. There should be no fees involved, and it does not require any work on the part of an accountant or attorney.

Note
If you are married, please note that changing beneficiaries may require the permission of your spouse. There also may be additional tax and financial planning issues, so when considering these assets in your plans, you should consult your legal or financial advisor.

Insurance Policies
Life insurance may be used to create a legacy by naming Five Pearls Foundation as beneficiary or contingent beneficiary of the policy. This requires that you complete a change of beneficiary form with the insurance company. You do not have to work with an attorney or accountant, nor are any fees involved to arrange such a gift. If you name Five Pearls Foundation as beneficiary, you can change your mind at any time by updating the change of beneficiary form. If you need help obtaining a change of beneficiary form, please contact us.

Bank and Investment Accounts
You may name Five Pearls Foundation as successor to your bank or investment account in most states. The arrangement is known as TOD/POD or Transfer-on-Death/Payable-on-Death. This requires that you complete a form directly with your financial institution. You do not have to work with an attorney or accountant, nor are any fees involved to arrange such a gift. TOD/POD gifts are completely revocable -- you may change your mind at any time by filling out a new form.

You may be asked for the following information on the form

Legal Name
Five Pearls Foundation, Inc.

Legal Address
Manhattanville Station; P.O. Box 5550 , New York, NY 10027

Tax I.D./Employer Identification Number
87-0731633

.

Subscribe Newsletter
*
*
volunteer