Making a Planned Gift to the HARF Center

Thank you for your interest in including the HARF Center  in your estate plans. The HARF Center offers a variety of planned gift opportunities designed to meet individual financial needs. Planned gifts often provide lifetime monetary benefits to the donor and their family, along with considerable tax savings, and the satisfaction of knowing that they are helping to ensure the future of the HARF Center and its many programs for generations to come.

Find the Gift That’s Right for You

There are a wide range of giving opportunities available, some of which are outlined below.  To discuss your Planned Giving wishes, please do not hesitate to contact Dawn Pfendler, Chief Executive Officer, at 808-876-0022

Please us the following legal information to include the HARF Center into your legacy giving documents:

Legal Name: Hawaii Pet Network

Doing business as (DBA): Hawaii Animal Rescue Foundation

EIN Number: 45-2081227

The IRS has determined that Hawaii Pet Network, (DBA) Hawaii Animal Rescue Foundation is exempt from Federal Income Tax under section 501(c)3 on the Internal Revenue Code. Contributions to the HARF Center are deductible under section 170 of the Code.

Making a bequest in your will is one of the simplest ways to make a planned gift to the HARF Center.  If you have a will already prepared, your lawyer can usually add a codicil to include the HARF Center.  Giving through a bequest lowers your federal estate taxes because the assets donated  are deducted before the estate tax is calculated.

A gift of life insurance is an excellent way to make a sizable contribution that does not tie up current assets, that provides immediate tax savings and that helps ensure the HARF Center’s future. You may make the HARF Center AN owner and beneficiary of a life insurance policy that you no longer need. If the policy is fully paid up, your deduction equals the cost or replacement value of a new policy with comparable benefits. You may also take out a new policy that names the HARF Center as beneficiary. The premiums you pay are tax-deductible, and in time, the value of the policy will far exceed your net contributions.

Making a Qualified Charitable Distribution (QCDs), also know as IRA Charitable Rollovers, is a great way for individuals age 70 1/2 or older to use their IRAs to maximize their charitable impact and by doing so, you can help orphan pets at the HARF Center.

A Charitable Gift Annuity (CGA) can provide guaranteed income for life by providing the mature donor with lifetime payments through better yield on fixed income assets, such as CDs and bonds, and reduce portfolio risk.  In addition, the CGA will generate a tax deduction and allow remaining assets to be used to support the HARF Center.

A Charitable Remainder Trust (CRT) gives you the flexibility to design a trust to meet your individual financial goals and provides an income for life. By establishing a HARF Center CRT, all account values go to the benefit of the HARF Center to further its mission when the donor passes on. In short, the HARF Center CRT epitomizes the our philosophy of “people helping animals and animals helping people” by providing people with tax deductions and income for life, while also leaving a lump sum of money for the animals.

A popular alternative to a cash gift is a gift of appreciated securities, which generate a double tax benefit. In addition to receiving an income tax charitable deduction for the full market value of the property, the donor escapes any potential tax on the capital gain element in the gift property. In order to qualify for this double tax benefit, the property must have been held for more than one year.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for tax, legal, or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.