PAWS FOR PURPLE HEARTS

PLANNED GIVING

IT’S EASIER THAN YOU MAY THINK!

There are many ways to help Paws for Purple Hearts accomplish our important mission.  Planned Giving allows you to contribute over the long term, including after you pass away, according to your circumstances and desires. We have options that can benefit you, your family and the Warriors we serve, and because we are a 501(c)(3) organization, there are tax benefits for donating.
Consider establishing a great legacy for years to come!

IT’S EASIER THAN YOU MAY THINK

BEQUEST

You can choose to leave all or a portion of your estate to Paws for Purple Hearts when you pass away.  You can also leave what is called the “rest, residue and remainder” or set up other conditions as you prefer. It is sometimes advantageous to establish the bequest within a codicil to the will. Once your bequest is established, your attorney notifies us via a “beneficiary letter” and provides us with a “release” document for us to sign to signify our acceptance of your generous gift.  Your attorney can set this up for you according to your wishes.

GIFT OF SPECIAL ASSETS

  • You can donate a house, a building or land outright, or in part via a “bargain sale” arrangement. Consult with your attorney and Tax Professional (e.g., Enrolled Agent, Tax Attorney).  Please involve us in the discussion so we can help you achieve the optimum outcome. Our number and a contact form are provided at the bottom of this page.

  • You may wish to donate precious items such as jewelry, paintings and antiques. These can be donated outright, or in part via a “bargain sale” arrangement. Consult with your attorney and Tax Professional.  Please involve us in the discussion so we can help you achieve the optimum outcome. Our number and a contact form are provided at the bottom of this page.

  • Cars, trucks, motorcycles, recreational vehicles and boats can be donated.  To donate them outright, just follow the instructions here: https://careasy.org/Paws-for-Purple-Hearts. To donate them in part via a “bargain sale” arrangement, please consult with your attorney and Tax Professional.  Please involve us in the discussion so we can help you achieve the optimum outcome. Our number and a contact form are provided at the bottom of this page.

  • You can designate Paws for Purple Hearts as the full or as a partial beneficiary on any life insurance policy.  You can also donate the cash value of “whole” and “universal” policies.  The insurance company that issues you your policy can set this up for you.

  • Donating shares of stock (aka “closely held stock”) is easy.  Just contact us so we can help you through the process. Our number and a contact form are provided at the bottom of this page.

  • You can name Paws for Purple Hearts as the beneficiary (full or partial) of the remaining assets of your account when you pass away.  You can also set up a qualified charitable distribution (QCD) in which you donate all or a portion of your distribution, for example an amount in excess of your required minimum distribution (RMD).  Just contact us so we can help you through the process.  Our number and a contact form are provided at the bottom of this page.

CHARITABLE GIFT ANNUITY

There are two basic versions:

  1. Remainder.
    This version pays you guaranteed fixed payments; “income for life.”  When you pass away, Paws for Purple Hearts is the beneficiary of the remainder.

  2. Lead.
    This version pays Paws for Purple Hearts the “income for life” payments and then when you pass away, the remainder goes to your designated heirs.

The Remainder version of charitable gift annuity can be set up in several ways, including:

  1. Single Life – payments are made to only one person or entity.

  2. Two Life (Joint or Survivor) – payments are made to two people simultaneously. When one passes away, the other receives both payments.

  3. Two Life (Successive) – payments are made to one person, and when that person dies, a named surviving annuitant receives the payments.

We can work with you and your attorney to help you get the annuity established according to your wishes. Our number and a contact form are provided at the bottom of this page.

CHARITABLE TRUST

Trusts allow you to make sizable contributions over time, all at once, or a combination using a legally defined structure that specifies allocation and distribution terms established according to your wishes.  A trust can be configured in numerous ways and may involve a variety of asset classes, including cash, securities and/or other property.

To set up a trust, you would establish a relationship with a Trustee, who acts on your behalf to manage the investment of your assets, reinvest any gains and make income distribution payments to your designated recipient(s).  The Trustee may use an Agent (usually a bank or Trust Company) to execute transactions and provide account functions.

There are two basic charitable trust structures:

  1. Remainder
    Remainder trusts are a great way to set aside assets that are committed to be donated to Paws for Purple Hearts after a number of years.  During those years, your assets are placed in an investment account so that they can earn income.  You retain the right to receive income generated by those invested assets, or to have that income given to a designated beneficiary or set of beneficiaries.  The exact income payment amounts depend on the structure of the trust and the performance of its constituent asset(s) as investments.   After a certain number of years, or under certain circumstances (all defined when the trust is established), the remaining trust assets are distributed to Paws for Purple Hearts.  This is why this type of trust is called a “remainder” trust.

  2. Lead
    A lead trust has the reverse sequence of a remainder trust.  Here, the income payments are provided to Paws for Purple Hearts during the life of the trust, and the remainder goes to designated payees (e.g., heirs, beneficiaries) when the trust terminates.

There are various types of lead and remainder trusts, including:

  • This is a more conservative structure. It features fixed income distributions determined at trust creation.  It is intended to grow assets and protect against downside risk.  This approach is designed to leave more assets for the post-termination recipient – Paws for Purple Hearts.

  • This is a moderate approach to risk.  It is deigned to achieve “reasonable” income while growing the value of the underlying assets.  This approach is designed to leave more assets for the post-termination recipient – Paws for Purple Hearts.

  • This is a more aggressive approach.  The goal here is to achieve maximum returns (payouts) during the life of the trust.  This approach is not designed to leave more assets for the post-termination recipient.

  • This type of trust starts out as a net income unitrust then switches (flips) to a standard unitrust upon a specified event such as the sale of trust assets like real estate or closely held stock.

Contact us so we can prepare you so you are ready to meet with your attorney to get your trust established according to your wishes. Our number and a contact form are provided at the bottom of this page.

ENDOWMENT

An endowment allows you to establish a structure to contribute to Paws for Purple Hearts over the long term.

An endowment is similar to a trust in that it involves a legal structure designed to provide investment-based value over a wide time horizon.  You can create an endowment to make a donation of money or property that uses any resulting investment income to benefit Paws for Purple Hearts.  It is designed to maintain the principal amount while using the investments to create sustained income for Paws for Purple Hearts.

Contact us so we can guide you through the process. Our number and a contact form are provided at the bottom of this page.

DONOR ADVISED FUND (DAF)

A donor advised fund allows you to combine most favorable tax benefits whiles supporting Paws for Purple Hearts.

Just let your participating financial advisory know you want to contribute to us via their DAF.

If you are with Fidelity Charitable, Schwab Charitable or BNY Mellon, please use the “DAF Direct” form to the right of this paragraph. Select your DAF provider, type in “Paws for Purple Hearts” and enter the amount you wish to contribute. The web form tool will forward you to your DAF provider’s website.

If you are not with Fidelity Charitable, Schwab Charitable or BNY Mellon, contact us so we can help get you set up. Our number is provided at the bottom of this page or you can use our contact form.

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DONATIONS HELP WITH:

  • Food And Dietary Supplements

    To learn nearly 100 service dog commands, each Paws for Purple Hearts dog needs proper nourishment. This includes premium food, supplements, and of course, treats to motivate learning. In the two-year service dog training period, nourishing each pup costs about $1,400.

    In addition, high quality nourishment is essential to helping PPH pups thrive. After all, thriving puppies today become tomorrow’s top tier service dogs for Veterans and active duty Service Members. And just as importantly, it helps them live long, healthy, and productive lives.

  • Medicine, Vaccines, And Veterinary Care

    At PPH, we aim to to raise the healthiest and happiest service dogs for our Warriors. Puppies are vulnerable to illness, parasites, and many medical issues, so routine vet checkups and preventive treatments are critical. Paws for Purple Hearts spends an average cost of $2,925 on vet visits, exams, vaccines, and preventative care to ensure each our of dogs are in great health.

  • Training Equipment & Simulation Materials

    It’s a marvel to see our amazing PPH service dogs perform tasks. Paws for Purple Hearts dogs can open and retrieve items from the refrigerator. They can pull a wheelchair bound Warrior up a ramp. They nose light switches and elevator buttons. Teaching service dogs for Veterans and active duty Service Members to help means training them where people do these tasks.

    This could be in a home-like environments created in our centers. For other tasks, we go to the right kind of location to work with them. On average, we spend about $2,500 per dog on training equipment for service dogs for Veterans and active duty Service Members.

  • Operating PPH Training Centers

    A PPH center is busy place! At any given time, we may have dogs at various levels of training, volunteers making treats or cleaning kennels, puppy parents doing pick-ups and drop-offs, or members of the community touring the facility.

    Paws for Purple Hearts centers also hold therapeutic intervention sessions. Each week, Warriors take part in Canine Assisted Warrior Therapy at our PPH centers where they work with our highly-skilled trainers to learn to train our dogs.

    Our centers are the hub for our important work – training service dogs for Veterans and active duty Service Members. While we try hard to control costs, each center costs around $300,000 to open and an addition $200,000 to operate per year.

PAWS FOR PURPLE HEARTS SUCCESSES

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Lives we’ve directly improved.

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Therapy session participation.*

*(session slots filled)

Many Warriors attend multiple sessions.

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Dogs we’ve deployed.