Funding - Helping Wolf Into The Future

Helping Wolf Continue
Into The Future

What happens when the founders of an organization, such as Wolf, pass away? Will the organization continue on? What happens to the animals that are living at the Sanctuary at that time? Will any other animals ever be offered a safe place to live out their lives with dignity?

Although informal wills currently exist, Frank and Pat Wendland, cofounders of Wolf, are in the process of setting up a trust leaving their entire estates to Wolf. The estates are not large; the most valuable part of the estates will be the property where Wolf is located. The trust is being formed in order to insure the animals will always have a safe haven. The property is un-encumbered and will be made an asset of Wolf. It consists of 182 acres. There are other personal assets belonging to Frank and Pat, which will also be left to Wolf.

As a nonprofit corporation, Wolf is a legal entity that can continue without the original founders. Although Frank and Pat have been planning for years how to keep Wolf alive after the founders are gone, it occurred to them they needed to discuss it with you, the members and supporters of Wolf. Therefore, they decided it was time to discuss the means available to you, which will help Wolf survive after they are gone. Loving and caring for these animals is something that must continue, and it can only be accomplished with your help.

There are many different ways for individual members and supporters to help insure that Wolf will continue into the future. There are Endowments, Life Insurance Gifts, Annuities, Bequests, Charitable Remainder Trusts and Retirement Plan Gifts just to mention a few. A brief overview of the Gift and Legacy Plans mentioned above follows.

CHARITABLE GIFT ANNUNITIES:
A charitable gift annuity is a gift to Wolf from which you or a loved one (or more than one), will receive a fixed income, starting immediately or on a future date (deferred gift annuity). Annuities are easy to establish and usually offer a high rate of return. A charitable gift annuity can be established with cash, mutual funds or appreciated stock. One of the benefits to you would be an immediate income tax deduction for a large portion of your gift.

BEQUESTS:
If you include Wolf in your living trust, will or other estate plan, you can be assured of Wolf’s ability to continue to rescue and offer sanctuary to many more wolves and wolf-dogs over the years. There are various was to leave a bequest to Wolf. You can name Wolf as a beneficiary of a portion or all of your estate. You can also bequest a particular asset to Wolf. A bequest to Wolf, would pass through your estate, tax free, so the entire amount would be used to help the animals.

CHARITABLE REMAINDER TRUST:
This type of trust also can be used to establish and pay an income to one or more surviving loved ones. The trust can pay the income for the life of the surviving beneficiaries or for a particular period of time, after which Wolf would receive the principal. Many types of assets (including cash) can be donated to a charitable remainder trust, some of these items include; appreciated publicly traded stock, mutual fund shares, closely held C corporation stock, real estate, collectibles (art work or antiques), IRA’s or qualified retirement plans.

VACATION HOMES OR PERSONAL RESIDENCE:
Tangible property such as homes can be gifted to Wolf. If you have a remaining spouse or child for example, you can reserve the right for that person to remain in your home for the remainder of his or her life.

STOCKS, BONDS, MUTUAL FUNDS:
Portfolios can be willed, or put in a trust or an annuity naming Wolf as beneficiary.

CONTINGENT BEQUESTS:
It is very important to consider what will happen to assets that are earmarked for family members if they are no longer living at the time of your death. Wolf would be honored to be named a contingent beneficiary to receive assets designated for people who may not survive you.

LIFE INSURANCE:
A very easy way to make a substantial donation/gift would be by naming Wolf a beneficiary of a life insurance policy. Life insurance can be a very important part of helping Wolf continue well into the future as it does not pass through your estate. If you donate the policy itself to Wolf you will also get a tax deduction. If your policy is not fully paid up, you can make tax deductible donations to cover the cost of future premiums. To make Wolf a beneficiary of a life insurance policy already in existence simply fill out a change of beneficiary form.. Of course, you can always purchase a new, additional policy naming Wolf as the beneficiary and owner.

GIFTS OF RETIREMENT PLANS:
IRA or 401(k) plans can be gifted by making Wolf a beneficiary, or contingent beneficiary in the event you are predeceased by a loved one.

WOLF’S LEGAL DESIGNATION:
Below is the official legal designation for including Wolf in your will, trust, life insurance, retirement plan or other planned gift.

MATCHING GIFTS:
For those of you who enjoy instant gratification, check to see if the company you work with makes matching donations.

W.O.L.F., A Nonprofit Corporation
Organized under the laws of the State of Colorado,
With its principal office at
15711 Rist Canyon Road,
(County Road 52 E)
Bellvue, CO 80512

(not a mailing address)

WOLF’s tax identification or Federal Employers Identification is:
# 84-1314893

For more information please call us at 970-416-9531 or you may write to us at:
Wolf
Post Office Box 1544
La Porte, CO 80535-1544