The impact of planned gifts cannot be overstated. Estate gifts propel our progress and allow us to continue to provide progressive, life-saving programs that meet current and emerging needs of abandoned, neglected and abused pets. We invite you to help us keep our vision alive by making a lasting contribution for the future benefit of pets in need.
Some of the largest charitable gifts Animal Humane receives come in the form of distributions from estates. Each of these gifts allows us to fulfill our mission to improve the lives of New Mexico’s companion animals through sheltering, adoption, community education, providing quality veterinary services to families in need and programs that reduce pet homelessness.
There are many ways you may structure your gift to Animal Humane. Your bequest may be:
- A stated dollar amount, or a percentage of the value of your estate
- A gift of securities (stocks, bonds, or mutual funds)
- A gift of property, such as real estate, collections, art, or jewelry
- A share of the residual or the amount that remains after providing for your heirs and paying all debts and costs
- The remainder or share of the remainder of a living trust or charitable remainder trust
You may also make gifts outside your Will.
Our legal name and physical address (to our Main Campus)
Animal Humane Association of New Mexico, Inc.
615 Virginia Street SE
Albuquerque, New Mexico 87108-4297
501(c)(3) No. 85-0207652
Should you seek additional details, please contact:
Senior Director of Development & Marketing
The term “planned giving” refers to a charitable gift that requires some planning before it is made. When a donor decides to leave assets to Animal Humane in his or her Will, they are making a bequest. The donor’s estate will receive a charitable estate tax deduction at his or her death, when the gift is made to Animal Humane.
Revocable Living Trust: As the name implies, these trusts are created during the lifetime of the donor and may be changed or revoked at any time by the person who created the trust. Upon death, ownership of property transferred to the trust is determined immediately as set forth in the trust document. Trust property may forego the probate process—opposed to property distributed through a will—ensuring that your charitable wishes are carried out in a timely and cost-effective manner. A gift of this nature may also lower estate taxes owed at the time of your passing.
Charitable Remainder Trust: This trust makes payments, either a fixed amount (annuity trust) or a percentage of trust principal (unitrust), to Animal Humane to receive income. The donor may claim a charitable income tax deduction and may not have to pay any capital gains tax if the gift is of appreciated property. At the end of the trust term, Animal Humane receives the remaining funds in the trust. Charitable remainder unitrusts provide some flexibility in the distribution of income, and thus can be helpful with retirement planning. Provisions may be included in your trust that allows income to be redirected back to you as needed at a future date.
Charitable Lead Trust: This trust makes payments, either a fixed amount (annuity trust) or a percentage of trust principal (unitrust), to Animal Humane during its term. At the end of the trust term, the remaining assets can revert back to the donor (a grantor lead trust) or to heirs named by the donor (a non-grantor lead trust.) The donor may claim a charitable income tax deduction for funding a grantor lead trust or a charitable gift tax deduction for funding a non-grantor lead trust. Since lead trusts are typically used to pass assets to heirs, non-grantor lead trusts are far more common than grantor lead trusts. In this case, assets forego estate taxes at your passing, given that they have been removed from your taxable and probate estate.
Retained Life Estate: A donor may make a gift of his or her personal residence, farm or vacation property to Animal Humane and retain the right to live there for the remainder of his or her life. The donor receives an immediate income tax deduction for the gift. At the donor’s death, Animal Humane may use the property or sell the property in a manner that best serves the organization.
Real Estate: Appreciated real estate may allow a donor to avoid sizeable capital gains taxes. Depending on the appreciation, the tax savings may exceed the original cost of the property. Conversely, if real estate values have decreased over time, donors will benefit more by: 1. selling their depreciated property; 2. taking a capital loss; and, 3. receiving a charitable deduction for their cash gift.
You do not have to make or change a Will to benefit Animal Humane at the time of your death. Virtually any financial arrangement that allows you to designate a death beneficiary may be adapted as a wonderful “bequest” to benefit pets in our care.
Life Insurance: You may name Animal Humane as the beneficiary, co-beneficiary, or a contingent beneficiary, of your life insurance policies.
Financial Accounts: Most financial accounts may be made payable upon death to a named beneficiary, including a nonprofit organization such as Animal Humane.
Retirement Savings: IRAs, pensions, 401K plans, and other retirement savings arrangements provide for death beneficiaries—which may be a nonprofit organization.
Revocable Living Trusts: Property placed in such a trust may be transferred to Animal Humane quickly given that these processions are not subject to the probate process.
Animal Humane offers two tailored bequest options for pet owners wishing to secure the future of their companion cats and dogs. These unique programs allow us to re-home your beloved pets or care for them for the remainder of their lives. Animal Humane requests minimum estate contributions of $15,000 per pet for the following care plans.
Foster2Home (F2H) is an innovative program that places dogs and cats in tranquil home settings where highly trained volunteer foster parents provide TLC while making your pet’s placement in a new loving home their top priority. Unlike our short-term Foster Care program where foster pets return to our Virginia Street campus to be adopted, F2H pets are re-homed directly from their foster homes with their foster parents acting as their adoption agents.
When it is time for your pet(s) to transition to our care, we request that your personal representative, executor, family or friends contact our offices to schedule a private admission appointment. During this time our Adoption Advisors will collect pertinent details on your pet’s behavior, health, favorite past times, etc. Toys, beds, leashes and collars are welcome, as they will ease your pet’s transition into a new, loving home. Following admissions, your pet(s) will receive a medical evaluation by our Chief Veterinary Officer. Any and all required treatments will be performed at our campus Donor-subsidized Veterinary Clinic.
In the case where your pet is deemed to be in the final stages of their life—but does not display signs of suffering to the point where humane euthanasia should be considered, they will be placed in Animal Humane’s Fospice program. In this instance, your companion pet would live with a highly trained staff member or volunteer who is committed to caring for your pet for the remainder of their life. Any necessary medical attention would be expertly delivered by our devoted Clinic Team. When the quality of your pet’s life declines to the point where euthanasia will relieve their suffering, our Clinic Team will compassionately perform this act with your pet’s fospice caretaker by their side. Afterwards, your pet will be cremated and their remains scattered in our campus Memorial Bequest Garden.
Beyond our lifetimes…
We have been so pleased to have been involved with Animal Humane for many years as donors and adopters. When Kris joined the Board of Directors, our involvement increased considerably, which we consider to be a blessing to us. Animal Humane is doing such important work and does it with clarity of mission and exemplary effectiveness.
Recently, we reviewed and updated our estate plans. In doing this, we considered which organizations we would like to include in our bequest planning. Animal Humane’s strong and important mission, its history and ethic of effectiveness, and our identification with the organization and its people made it clear to us that it should be included in our estate. Now we know that we can help them to continue to achieve their mission beyond our lifetimes.
— Kris & John Stichman & Miloh
It is so easy to do…
My husband and I have always loved animals. When my husband Dean passed away, I came across a life insurance policy I bought 30 odd years ago. At the time of purchase, the policy was valued at $1,000, but when found it had increased in value 7x.
Not only was I not depending on the policy for financial stability, I had never listed a beneficiary on the form. Thinking about what my husband would also want, I listed Animal Humane as the beneficiary.
We love our pets in this life and we can help take care of pets for others after we are gone. While attending to my husband’s estate, I learned that there are many options for listing beneficiaries, from Individual Retirement Accounts to checking and saving account balances—all can save more lives. It’s so easy to do.
— Billie Jo Crouse & Star Sapphire, in our campus Memorial Bequest Garden
Providing loving care for pets beyond my living years
I had a wonderful Cocker Spaniel named Abby for 17 years 5 months and 10 days while growing up, and I wouldn’t trade that incredible experience for anything else in the world. There is nothing I could have ever wanted or needed that would have given me more joy as a child than the pleasure of having a pet.
Shortly after Abby’s passing in 2006, I rescued my Brown Tabby, Ally, from behind an elementary school. I consider saving her to be one of the best things I have ever done. Years later, she still demonstrates that sense of appreciation for taking her in that nothing else can match.
I want my life’s legacy to be a combination of the impact I had helping students while working in the education field, and providing help to animals throughout my life and for years after I am gone. By including Animal Humane in my estate plans, I have no doubt that my wishes will be realized as demonstrated by their ongoing growth and development and the thousands of lives they have saved though my giving.
— Brian Vineyard & Ally
Your financial situation is unique. We strongly recommend that you consult your tax attorney, accountant, or financial advisor to help you include Animal Humane in your estate planning. Should you or your financial advisor seeks additional details, please have them contact Stefanie English, Senior Director of Development & Marketing at 505.938.7885 or [email protected] at their convenience.
Animal Humane announces our Free Financial & Pet Planning Series. For more information, visit https://animalhumanenm.org/financial-pet-planning-series/