Make Part of your Legacy About Helping Horses
Leave a legacy of helping horses through planned giving to an organization with a proven track record. Thoroughbred Placement Resources, Inc. (“TPR”) exists to improve the lives of Thoroughbred racehorses. Since 2007, we have helped to retrain and rehome over 1,000 Thoroughbred racehorses.
TPR has been recognized as a GuideStar Gold Participant, which is the highest level that a charity can receive, and is accredited by the Global Federation of Animal Sanctuaries and by the Thoroughbred Aftercare Alliance.
While TPR always accepts monetary donations and gifts in kind, we also accept the following forms of planned giving:
Individuals can support TPR through a bequest, which is a provision in a will or trust that allocates certain funds to a designated charity. There are different types of bequests:
1. An individual may bequeath a certain percentage of their estate to TPR. Sample language for this type of bequest is as follows:
I give, devise, and bequeath to Thoroughbred Placement Resources, Inc., a registered 501(c)(3) nonprofit organized in the State of Maryland, having EIN 26-3266757, or its successor-in-interest, an amount equal to ______ percent (__%) of my adjusted gross estate as finally determined for federal estate tax purposes for its general purposes.
2. An individual may also bequeath the remainder of their estate, after all debts and expenses are paid, to TPR. Sample language for this type of bequest is as follows:
I give, devise, and bequeath all (or a percentage) of the residue and remainder of my estate, both real and personal and wheresoever situate, to Thoroughbred Placement Resources, Inc., a registered 501(c)(3) nonprofit organized in the State of Maryland, having EIN 26-3266757, or its successor-in-interest, for its general purposes.
Charitable Lead Trusts
A charitable lead trust is a trust from which annual payments are made to a designated charity and the principal reverts to the donor or their beneficiaries at the end of the trust term. The amount paid to TPR may be either a fixed sum or a percentage of the trust assets valued each year. Moreover, charitable lead trusts may be established during the donor’s lifetime or upon his death pursuant to his Will or Revocable Trust. TPR will not act as a Trustee of the trust.
Charitable Remainder Trusts
A charitable remainder trust provides for a certain distribution, at least annually, to one or more beneficiaries. The distribution is usually paid annually and over a certain period of time. Then, at the end of that time, an irrevocable remainder interest is paid to the designated qualified charity. TPR will not act as a Trustee of the trust.
To find out more about planned gifts to TPR, please review our Gift Acceptance Policy, which is available here: Gift Acceptance Policy (2014)
NOTE: The Board of Directors of TPR strongly suggests that you review any possible planned giving with your personal lawyer and financial adviser to ensure that the gift complies with your personal estate plan and all applicable laws.