A Variety of Ways To Donate

There are many ways to make a donation to PRASAD to sustain and advance our work. Consult with your financial planner, accountant and/or attorney to determine which categories below best fit your individual and family situation. Then please contact our office at+91 2522302691 or email prasad@prasadchikitsa.org so we can facilitate the process of giving in this manner. Thank you!

Planned Giving

The information provided here is general. Please contact your professional tax advisor or legal counsel to discuss the best option for your individual circumstances.

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Bequests

Gifts by bequest can take many forms: a specified dollar amount, bequests of a percentage of the estate or a residual bequest of the remainder of an estate after all other obligations have been met. It is important that the bequest be worded correctly in your will, and we are happy to provide you and your legal counsel with suggested terminology.

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Charitable Remainder Trusts

You may wish to consider establishing a charitable remainder trust during your lifetime or through your estate plan. These arrangements have special tax advantages and can provide income for you or other beneficiaries while benefiting PRASAD.

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In-Kind Gifts

Many individuals and businesses may be able to provide substantial assistance by gifting goods that can be used in PRASAD’s work. If you are considering giving an in-kind gift to PRASAD, it is important to review your plans with PRASAD Chikitsa office to determine if the gift can be used at this time and if it meets certain acceptance guidelines or specifications. There are special rules surrounding the tax deductibility of goods gifted for charitable purposes. The general rule is that goods are contributed at the cost basis paid for them by the donor.

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Life Insurance

You may choose to make a gift of a new policy, a paid-up policy or an existing policy that is no longer needed to secure the future of your loved ones.

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Retirement Fund Assets

Today, IRAs, Keoghs, 401(K) plans and profit-sharing plans make up a large part of many estates. If PRASAD is named as the beneficiary or contingent beneficiary of all or a specified percentage of your plan, both income and estate taxes are avoided.

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