Planned Legacy Giving

Literacy In The H.O.O.D. is invested in creating lifelong readers by creating a culture of reading in Cleveland’s low-income neighborhoods. Through painstaking work, Literacy in the H.O.O.D. develops trust and explains to parents they can help their children thwart the school-to-prison pipeline and the urban achievement gap by helping them become confident readers. You can be the spark that can brighten a child’s future. Join our group of legacy donors who, like you, believe that parents, caregivers, and children deserve access to free books. You can be part of the future for these vulnerable young people. Making a bequest to Literacy In The H.O.O.D is a simple way to ensure that we can continue this vital work on behalf of the next generation.

You can name Literacy In The H.O.O.D. as a beneficiary of your will, trust, retirement plan, life insurance policy, or financial account, or fund a charitable gift annuity or trust that may provide you with tax benefits and income.

How Can You Do This?

You can name Literacy In The H.O.O.D. in your long-range plans including:

  • Your will or trust

  • IRA or retirement plan beneficiary

  • Life insurance beneficiary

  • Financial account

  • Charitable IRA Distribution: If you are age 70 ½ or older, you may be eligible to transfer up to $100,000 in gifts directly from your IRA to Literacy In The H.O.O.D. and exclude the amount of your gift from taxable income. If you have questions or would like to discuss the benefits of IRA charitable distributions please contact your tax advisor.

You may include a bequest to support Literacy In The H.O.O.D when preparing your will or living trust, or by adding a codicil to your present will or living trust. Bequests may be of cash, securities, bonds, real estate, copyrights, royalties, or other property. Bequests of all sizes are welcome, whether they are outright, contingent, or residual. We recommend that you consult with a qualified estate planning attorney when drafting your will or living trust.

Our Tax ID is # 4053166. Before finalizing your charitable plans we encourage you to seek the counsel of your legal or financial advisor.

CONTACT US

Please let us know if you have included School on Wheels in your estate plans. Email Us at LiteracyInTheHood@gmail.com.