Planned Giving

Support the mission to inspire passion for wildlife in every person, every day!  Your support of the Tulsa Zoo through a planned gift will allow us to continue to inspire those who have a passion for wildlife, conservation, and education. 

 

Through our partnership with Tulsa Community Foundation (read more) and as a service for our donors and friends, Tulsa Zoo provides complimentary, confidential, charitable tax and financial planning services.

 

What are Planned Gifts?

           

Planned gifts are a variety of charitable giving methods that allow you to express your personal values by merging your family, financial, and charitable goals. Planned gifts can be made with cash, but many are made by donating assets such as stocks, real estate, art pieces, or business interests—the possibilities are endless.

 

A misconception is that giving through your estate is only for the "wealthy." The truth is, even people of modest means can make a difference through planning.  Planned gifts can provide valuable tax benefits and/or lifetime income for you, your spouse or other loved ones. The most frequently-made planned gifts are bequests, made through your will. Other popular planned gifts include charitable trusts and charitable gift annuities.

 

Making a planned gift usually requires the assistance of a development professional and/or a knowledgeable advisor such as an attorney, financial planner, or CPA to help structure the gift. Tulsa Zoo is able to offer the services of a professional estate planning specialist at no cost to you. We provide advice and complete in-depth information for your Charitable Tax and Financial Planning, and work directly with your lawyer, accountant, or estate planner if necessary.  Your personal and financial information will remain confidential.

Please click on the links below to find out more information on the types of gifts that are possible as a result of the planning process :

a.       The Heart of Planned Giving

b.      The Art of Planned Giving

c.       Transfer Your Value and Values

d.      Taking Refuge in a Trust

e.       Charitable Gift Annuities

 

Beneficiary Designation Gifts

 

Gifts can also be made to Tulsa Zoo when a donor designates Tulsa Zoo as the beneficiary on their life insurance, IRA, or Pension Plan.  Talk with you plan administrator about a “change of beneficiary form”.  To include Tulsa Zoo, provide the following legal name and tax ID number –

            Tulsa Zoo Management, Inc.

            73-0930870

 

Bequest Giving

 

You may include a bequest to support Tulsa Zoo when preparing your will or by adding a codicil to your present will. Bequests may be of cash, securities, real estate or other property. Bequests of all sizes are welcome, whether they are outright, contingent or residual.

 

Your request should be directed to Tulsa Zoo Management, Inc. The following language may be useful to your professional advisor:

Unrestricted Bequest

Specific Bequest – “I give Tulsa Zoo Management, Inc., Tulsa, OK, 74115, the sum of $__________ to be used for the general support of Tulsa Zoo.”

Residual Bequest – “I give Tulsa Zoo Management, Inc., Tulsa, OK, 74115, _______ percent of the residue of my estate to be used for the general support of Tulsa Zoo.”

Contingent Bequest – “In the event that ______________________ predeceases me, I give Tulsa Zoo Management, Inc., Tulsa, OK, 74115, the sum of $___________(or, alternatively, __________ percent of the residue of my estate) to be used for the general support of Tulsa Zoo.”

Mark Loeber is an expert on charitable gift and estate planning.  He assists Tulsa Zoo in providing the best service for you and your family.  His biography is below.

For more information about how to start this process, please contact Lindsay Hutchison by email or call 918-669-6637.

 

Mark Loeber, Charitable Financial Planner

 

Mark has more than 20 years of experience in the area of charitable gift and estate planning. His skill and knowledge have helped thousands of donors as well as financial professionals and enrolled agents with the IRS on advanced charitable and estate planning issues.

He has a degree in Business Management with an emphasis in Economics. He audited courses in law school studying Charitable Gift & Estate Planning in Virginia, and is completing the Certified Financial Planning (CFP) and Certified Gift Planner (CGP) designations.

One of Mark's greatest passions is helping individuals discover which charitable tools and techniques can best provide for their needs and the needs of their families.

 

The following information is not intended as legal, tax or accounting advice.  For tax advice, please consult your financial professional.

 

PLANNING TOOL

WHAT IS IT? 

YOUR BENEFITS

Will

A legal document outlining how you want your assets distributed when you die.

- Selects guardians for your children

- Directs assets to beneficiaries

Revocable Living Trust

A trust that holds property for your benefit and then avoids probate at your death.

- Avoids guardianship for disability

- Avoids probate

- Directs assets to beneficiaries

- Provides estate tax savings

- Controls timing and amount of distribution to beneficiaries

Charitable Gift Annuity

A contract in which a charity pays you income payments based upon your age and the amount of your gift.

- Increases current income

- Creates income tax deduction

- Saves capital gains tax

Charitable Remainder Trust

A trust that pays you income before charity receives the remainder.     

- Increases current income

- Creates income tax deduction

- Avoids capital gains tax

- Eliminates income tax on retirement plans at death

Charitable Lead Trust

A trust that pays charity an income before you or your heirs receive the remainder.

- Creates income tax deduction

- Eliminates federal estate tax

Life Estate

A gift of real estate that allows you to keep the rights of ownership; the property is distributed to charity at your death.

- Creates income tax deduction

- Retain your right to live in the property during your life

Outright Gifts of Assets

Any gift given to charity such as cash, stocks, bonds, real estate, art, antiques, or life insurance.

- Creates income tax deduction

- Eliminates capital gains tax

- Eliminates estate tax