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International House Times 11 Philanthropy Matters T here are many ways you can support International House that are "tax savvy" and that help us continue to prepare new generations of global leaders.* In addition to making regular, annual sustaining gifts, many alumni and friends choose to plan a special gift, often many times larger than their annual donations. These may come from assets like cash and marketable securities, though they may also come at the time of a liquidity event such as the sale of a business or real estate, or a change in lifestyle such as retirement. Among the many tax-smart giving techniques, making a gift of your appreciated assets (instead of cash) can provide tax savings for you while maximizing your gift to I-House. Qualified Charitable Distributions (QCDs), otherwise known as IRA rollovers in the U.S., can allow an individual donor to transfer up to $100,000 per year directly to I-House, free of tax and without increasing their adjusted gross income. This is a great way for supporters who are 70.5 and older to use their IRAs to support our mission. Stock gifts present another opportunity to support I-House— we receive the full value of the stock, while you avoid paying capital gains tax. You may leave your gift unrestricted, or choose to support room and board scholarships, preservation and improvements to our historic building, or diverse intercultural programs— all of which benefit our nearly 600 residents each year. n *Please be advised that I-House board members, staff, consultants, and volunteers gratefully encourage gifts to I-House, but cannot give specific tax or legal advice. We encourage you to consult your own tax and legal advisors with respect to any gifts you make. "Why do I give to I-House? To celebrate those life-long friendships that opened my eyes and the wonderful people from many cultures who were trying in their own way to make things better. Now that I'm retired, why not send those Required Minimum Distributions tax-free to a favorite charity?" -Florence Yee (IH 1964-66) For those interested in leaving part of their estate to I-House, it doesn't need to be a complicated process. Bequest language can be this simple: " I give ______ ($ or % of my estate) to International House, a 501(c)(3) non-profit, public-benefit corporation, registered in California with tax ID 94-1167403." " My gift(s) shall be (specify): • Unrestricted—to be used where the need is greatest; (or/and) • Restricted—to be used to support (please indicate scholarships, building preservation/ improvements, or intercultural programs)." Beneficiary designations of insurance policies, IRAs, or donor-advised funds are other straightforward and useful tools for planning your gift. However you choose to give, you will help enhance I-House's excellence—and support its vision of a world of greater intercultural understanding and peace. Making a Bequest - It's Not as Difficult as You Think For more information on including International House in your philanthropic planning, please contact our office at (510) 642-4128 or ihalumni@berkeley.edu. All gifts, including estate gifts, can also be routed to I-House via the University of California Berkeley. The International House federal tax ID number is 94-1167403.