Planned Gift Options

There are many ways to plan a gift to CVT. Please consider one of these options.

Bequests through your will

A charitable bequest is a flexible way to support our work with torture survivors. You may prefer that a bequest be for a specific amount or represent a percentage of your estate, or create a bequest that helps CVT after you have provided for your family and friends.

Listed below is an explanation of the four different ways you can make a bequest, followed by suggested wording to incorporate this gift in your will:

  • A SPECIFIC BEQUEST is an outright gift of securities, real estate, or a specific amount of cash. In your will, you describe an item and your intention to give that particular item to the Center for Victims of Torture.

"I give, devise and bequeath to the Center for Victims of Torture, tax ID 36-3383933, located in St. Paul, Minnesota, $________ (state sum of money or otherwise describe security or property) to be used for its general uses and purposes."

  • A PERCENTAGE BEQUEST is a gift of a fixed percentage of your estate and does not provide for the source of payment of the bequest. Your executor will honor the bequest from any available source in your estate. A percentage bequest is more flexible than a specific bequest because it will change in size along with your estate.

"I give, devise and bequeath to the Center for Victims of Torture, tax ID 36-338-3933, located in St. Paul, Minnesota, ______% (state percentage of estate) of the property owned by me at my death, real and personal and wherever situate, to be used for its general uses and purposes."

  • A RESIDUARY BEQUEST is a gift of either all or a portion of what remains in your estate after all expenses, debts and taxes have been paid and all general and specific bequests have been honored. If you do not make arrangements for your residuary estate, any asset not mentioned specifically in the will is treated as if you died without a will.

"I give, devise and bequeath all (or ______%) of the residue of the property owned by me at my death, real and personal and wherever situate, to the Center for Victims of Torture, tax ID 36-3383933, located in St. Paul, Minnesota, for its general uses and purposes."

  • A CONTINGENT BEQUEST is when you name the Center for Victims of Torture beneficiary to inherit only in the event a primary beneficiary (such as a spouse or child) does not survive you. In other words, this type of bequest takes effect only in the event that another bequest, for whatever reason, fails.

"If any of the above named beneficiaries should predecease me, I hereby give his or her share of my estate to the Center for Victims of Torture, tax ID 36-338-3933, located in St. Paul, Minnesota, to be used for its general uses and purposes."

CODICIL TO YOUR WILL

If you already have a will that spells out your intentions, but would like to include the Center for Victims of Torture, you can do so by using a codicil to your will. A codicil is merely a supplement that modifies your will. Like a will, a codicil must be executed with certain formalities. Please consult your attorney or advisor before incorporating these new changes.

Charitable gift annuity

With a gift today to the Center for Victims of Torture, you can receive a tax deduction now and also receive regular income payments for the rest of your life.

Retirement plan gifts

Naming the Center for Victims of Torture as a beneficiary on a portion of retirement plan assets is easy, and can save your heirs estate and income taxes later.

Gifts of life insurance

Name the Center for Victims of Torture as a beneficiary, give a gift of an existing policy or purchase a new policy and the annual premium payments can be deductible.

Charitable trusts

There are a wide variety of tax-wise trust arrangements that can incorporate generous gifts to charity and offer tax savings.

For more information on making a planned gift to the Center for Victims of Torture, please contact Rachel Hughes at 612-436-4859 or rhughes [at] cvt [dot] org.

Healing

We heal victims of torture through unique services and professional care worldwide.

Read More

Training

We strengthen partners who heal torture survivors and work to prevent torture.

Read More

Advocacy

We advocate for the protection & care of torture survivors and an end to torture.

Read More