NAMI Utah stands at the forefront of supporting those whose lives have been affected by serious mental illness and leads the way in transforming America's mental health care system.
Your financial support is vital to our mission. Simply put, we cannot do it without you.
NAMI is a non-profit, 501(c)(3) charitable organization. Donations to NAMI are tax-deductible within the limits provided by law.
Planned Giving and Bequests
Gifts through your Will or Living Trust
As a special friend of NAMI Utah you may choose a bequest in your will or living trust as your ultimate charitable gift to help continue the programs you have been supporting over your lifetime. Your will or trust document is an important part of an effective estate plan. It provides for a clear and specific understanding as to how you want to transfer your assets to those you love and to those charitable organizations that you have been committed to during your life.
For your convenience we have provided sample language to share with your attorney to include NAMI in your will.
Gifts of Appreciated Securities
If you own stocks, bonds, mutual funds, or other assets that have increased in value since the time of purchase, you may find it advantageous to give them to NAMI. Your outright gift of long-term, appreciated securities is exempt from capital gains taxes and, if you itemize, you may claim a charitable income tax deduction equal to the full fair market value of the securities at the time of transfer.
Charitable Gift Annuity
Through a charitable gift annuity, you may make a gift of $50,000 or more to NAMI, receive a charitable income tax deduction, and an income for life for you and/or another person. This option provides the greatest financial benefit to older donors because they receive the highest income rates. For example, an annuity established for the life of a single beneficiary aged 70 earns a rate of 6.7 percent; an 80-year-old, 8.3 percent; and 90 years and over, 11.5 percent.
Charitable Remainder Trust
The charitable remainder trust is a separately managed and highly personalized life income option. This vehicle provides for payments to the beneficiaries either for life or a term of years (not exceeding twenty). At death, or at the end of the term, the remaining trust assets (the remainder interest) are distributed to NAMI. In creating the trust, you, the donor, are able to appoint the trustee, designate the beneficiary and select the term of the trust. The rate may not be less than 5 percent, however, as the payout rate increases, the charitable income tax deduction to the donor decreases. The amount of the tax deduction is also affected by the number of beneficiaries and their ages.
For more information about these options for gifts and bequests, please e-mail NAMI Utah or contact your financial or tax advisor.
Other Planned Gifts
To request informational brochures on other types of planned gifts, e.g. life insurance, real estate, charitable lead trusts, please email NAMI Utahemail NAMI Utah or contact your financial or tax advisor.