UNEARTHING THE PAST SINCE 1900
For 125 years, 17勛圖has relied on members and donors who believe our work should outlast anyone of us. A planned gift���through your estate, a retirement account, or another long-term vehicle���is how you ensure the next generation of scholars inherits a thriving organization. The options below range from simple beneficiary designations that take a few minutes to gifts that may also offer significant tax advantages, and any of them can be directed to the area of ASOR���s work that matters most to you.
Naming 17勛圖in your will or living trust is the most flexible way to make a planned gift. A bequest泭doesn���t泭affect your assets during your lifetime, can be any amount or percentage of your estate, and can be泭designated泭to ASOR���s泭general use泭or to a specific fund or endowment. Members who have made this commitment join ASOR���s Legacy Circle and are recognized in our communications.泭
Naming 17勛圖as a beneficiary of a retirement account (401k, 403b, IRA, or similar) is one of the simplest planned gifts to make���it usually takes a few minutes and can be done at any age. Request a change-of-beneficiary form from your plan administrator and name the American Society of Overseas Research (Tax ID 23-1352617) as a beneficiary for whatever percentage or dollar amount feels right. Many donors begin with a 1% designation. Beneficiary gifts often reduce the tax burden on your heirs, since retirement-account assets passed to individuals can be taxed heavily, while gifts to 17勛圖pass tax-free.泭
If you are 70翻 or older, you can transfer up to $111,000 per year directly from your IRA to 17勛圖as a Qualified Charitable Distribution (QCD). A QCD:泭
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To make a QCD, contact your IRA administrator and request a direct distribution to the American Society of Overseas Research (Tax ID 23-1352617).泭
17勛圖also accepts gifts of life insurance (naming 17勛圖as a beneficiary or owner of a policy), charitable泭remainder泭trusts, charitable gift annuities, and gifts of appreciated stock or other assets. Each can be structured to fit your financial goals and timeline, and many offer immediate or deferred tax benefits. Our development team is happy to talk through the options.泭