Ways To Give
For Corporations & Foundations
The Zell Miller Foundation welcomes gifts, grants, and sponsorships from and partnerships with businesses and corporations, as well as grant-making foundations. Gifts, grants, and sponsorships may support the Foundation’s general operations or designated to fund a specific Foundation program or initiative.
To learn more about available opportunities, please contact the Foundation directly at 404-977-6709.
Give by Mail/Phone/Wire
We welcome your gift and want to make it easy for you to give.
To Give by Mail
- Download Donation form, print, and complete.
- Complete your credit card information on the form or make your check payable to: Zell Miller Foundation.
- Please check to see if your employer or your spouse’s employer matches your charitable contributions.
Mail the completed Donation Form with check or credit card info to:
Zell Miller Foundation
P.O. Box 1588
Young Harris, GA 30582
*If you are unable to download or print the form please provide the following information in a cover letter along with your check so that we can properly acknowledge your gift:
- Full Name
- Full Address
- Contact Phone Number
- Email Address
Give by Phone
If you would like to make your gift by credit card and prefer to call in your number, please call 404-977-6709 (Monday – Friday 9 a.m. to 5 p.m. ET)
Give by Wire Transfer
If you would like to make your contribution to the Foundation through a wire transfer, please call 404-977-6709 for wire instructions.
Employer Matching Gifts
One of the easiest ways to increase your gift to the Zell Miller Foundation is through your employer’s (or your spouse’s employer’s) matching gift program.
To learn if your employer will match your donation to the Zell Miller Foundation, please check with your human resources department to learn about your company’s matching gift program.
Give a Gift in Honor or Memory of Someone
Make a donation to the Zell Miller Foundation in honor of a family member, friend, colleague, or a special event like a wedding, graduation, or birthday.
We will mail your designee a personalized letter, letting them know that you have made a gift in their name.
Make a Legacy Gift
We hope you will consider including the Zell Miller Foundation in your estate or financial plans. Through a planned Legacy Gift, you may realize significant financial or tax benefits while also helping the work of the Zell Miller Foundation continue for generations to come.
There are many options available to those who wish to include the Zell Miller Foundation in their long-range planning. The simplest is a bequest in your will. Or, you may choose to simply designate the Zell Miller Foundation as a beneficiary of your retirement plan, a life insurance policy, or of a bank account or security.
Donors may also choose to establish a trust that enables donors to contribute to the Zell Miller Foundation while providing them with current income, helping you meet current and long-term financial and philanthropic objectives.
For any questions, to discuss your Legacy Gift, or for additional information, please contact us at 404-977-6709.
Please let us know if you already have included the Zell Miller Foundation in your estate or financial plans. All requests for information will remain confidential.
Please consult your tax, legal, or financial advisors concerning the specific details and consequences of making a Legacy Gift to the Zell Miller Foundation and to help you determine which approach is best for you.
Bequests and Wills
One of the simplest ways to make a Legacy Gift is by naming the Foundation in your will. A bequest is a meaningful way to support the Foundation without affecting your cash flow during your lifetime. Your attorney can include it when you prepare or revise your will, or you can add a codicil at any time. There are several types of bequests, including specific, residuary, and contingency as described below and can be made with or without restrictions:
A Specific Bequest
A specific bequest indicates the amount of cash, securities, or other assets you wish to leave to benefit the Foundation. Or, it can indicate a specific percentage of the total value of your estate.
Sample Language for a Specific Bequest
“I give, devise, and bequeath to the Zell Miller Foundation the sum of dollars ($ X.XX) as an unrestricted gift, to be used at the sole discretion of the Foundation.”
Or, you can make a bequest for specific assets, such as securities, real estate, or personal property. Please be as specific as possible in identifying the asset.
“I give, devise, and bequeath to the Zell Miller Foundation my [insert description or identifying information of the asset], to be used and/or disposed of, as the Foundation determines, in its sole discretion, for its benefit.”
A Residuary Bequest
A residuary bequest leaves the remaining “residual” portion of your estate (or a percentage of the total) after all other bequests have been satisfied.
Sample Language for a Residuary Bequest
“I give, devise, and bequeath to the Zell Miller Foundation X percent of the rest, residue, and remainder of my estate as an unrestricted gift, to be used at the sole discretion of the Foundation.”
A Contingency Bequest
You can make the Foundation the recipient of a contingency bequest, which takes into account the possibility of a change in your beneficiary’s circumstances. For example, you might leave the Zell Miller Foundation a bequest if another heir predeceases you.
Sample Language for a Contingency Bequest
“I give, devise, and bequeath [insert beneficiary name] X percent of the rest, residue, and remainder of my estate if s/he survives me. If [insert beneficiary name] does not survive me, I give, devise, and bequeath to the Zell Miller Foundation, X percent of the rest, residue, and remainder of my estate as an unrestricted gift, to be used at the sole discretion of the Foundation.”
Unrestricted and Restricted Gifts
Gifts that do not restrict the Foundation’s use (unrestricted gifts) are especially appreciated by the Foundation as they allow the Foundation to channel resources where the needs are the greatest.
The Foundation is equally grateful for gifts that are designated for a specific purpose that advances its mission (restricted gifts), such as support to a specific initiative or program such as the Zell Miller Leadership Institute, for example.
If you are interested in making a restricted bequest, it is important that you include the following “alternative use” language to ensure that the Foundation may re-designate the use of your gift if the specified initiative, program, or purpose ceases to exist or does not require funds at some point in the future:
Sample Alternative Use Language for Restricted Bequests
“I give, devise, and bequeath to the Zell Miller Foundation the sum of dollars ($ X.XX) to be used for the [insert name of Zell Miller Foundation program] for so long as the Foundation determines that the need exists. Should the program or its funding need no longer exist, the Foundation may, in its sole discretion, direct the use of my bequest for a purpose related as closely as possible to my original intent.”
Certain retirement plans, such as IRAs, 401(k), 403(b), and Keoghs, allow individuals to defer paying taxes on a portion of their income until the assets are withdrawn during retirement years. However, after a person’s death, these accounts are subject to additional taxes for heirs. Therefore, you might find it beneficial to your overall estate plan to contribute all or part of these funds to the Zell Miller Foundation while leaving other assets to your heirs.
Simply name the Zell Miller Foundation a beneficiary of your retirement plan. You will retain complete control during your lifetime, and you can change your beneficiary at any time if your circumstances change.
Please note: You also may qualify to make annual charitable gifts using funds withdrawn (or “rolled over”) from qualified retirement accounts, eliminating the income tax that would otherwise be due on mandatory withdrawals.
Life Insurance Policies
An easy and straightforward method of philanthropic giving is through life insurance policies. The Foundation welcomes gifts of life insurance when the policy is paid in full and the Foundation is named as the owner and the irrevocable beneficiary of the policy.
The Foundation is also pleased to accept gifts of life insurance policies that are not paid in full at the time of the gift, provided that the policy:
- Can be surrendered by the Foundation as of the date of the gift for its current value;
- Can be converted by the Foundation as of the date of the gift to a reduced face amount;
- Has sufficient value as of the date of the gift to keep it in effect without payment of any additional premiums.
We will also gladly accept benefits payable under a life insurance policy where the Foundation is a named beneficiary or contingent beneficiary under the policy, whether the policy is owned by the Foundation or not.
Bank Accounts and Securities
One of the easiest ways to make a gift to the Zell Miller Foundation is by designating it the ultimate recipient of a bank account, certificate of deposit, or security.
You can instruct any financial institution in which you have an account or the holder of a security to place your asset in a trust (often called a Totten Trust) to be transferred, upon death, directly to an organization or individual. This will allow you to use the asset during your lifetime and to give the remaining asset to the Foundation upon your death.
Most Totten Trusts can be created easily, using a form obtained from your financial institution or the holder of the account or security.
A charitable trust is a flexible way to meet your current and long-term financial and philanthropic objectives. Through a charitable trust, a donor places cash, stock, real estate, or other assets into a charitable trust, which is invested and managed by a professional financial institution (i.e., Trustee) of the donor’s choice. Once created, a charitable trust is irrevocable. Charitable trusts take two forms — charitable remainder trusts and charitable lead trusts.
Charitable Remainder Trusts
A charitable remainder trust allows you to designate the beneficiary of regular payouts from trust proceeds (for either a fixed dollar amount or a fixed percentage) during your lifetime or for a period of time, not to exceed twenty years. At the same time, the Zell Miller Foundation is designated a remainder beneficiary. This allows you to claim a tax deduction for the estimated portion of the assets that will ultimately go to the Foundation upon death or the expiration of the fixed period.
Charitable Remainder Annuity Trusts
A charitable remainder annuity trust will furnish you — or someone you designate — with a fixed annual income for life or for a pre-determined number of years (up to twenty). The payment amount — which you determine when you establish the trust — must be at least five percent of the initial gift amount. That amount will not change over the life of the trust. This will appeal to those who want the security of a fixed amount each year. When the trust is created, you may claim a charitable deduction based on the value of the asset used to establish the trust.
Charitable Remainder Unitrusts
A charitable remainder unitrust provides annual payments that will fluctuate from year to year, as the payment is based on the earnings of the investments in the trust. When the trust is created, you select the fixed payout percentage, which must be at least five percent of the initial gift amount. The annual payment is based on a percentage of the trust’s value as calculated each year. When the trust is created, you may claim a charitable deduction based on the value of the asset used to establish the trust.
Charitable Lead Trusts
Charitable lead trusts appeal to individuals who wish to make a gift but retain the property. These irrevocable trusts are, essentially, the reverse of charitable remainder trusts in that the payments from a charitable lead trust will first come to the Zell Miller Foundation for a specific period of time, usually between 10 and 20 years, after which time the principal of the trust will revert to you and/or to those you have designated, typically your children or grandchildren.
Monthly giving is a convenient and effective way to donate and it saves on processing costs and bank charges, allowing a larger portion of your donation to go directly to our programs.
Thanks to the generous support of committed donors just like you, the Zell Miller Foundation continues our work to preserve the legacy of Zell Miller through programs that promote education, leadership, and service.
The work of the Zell Miller Foundation is made possible because of contributions from individuals, corporations, foundations, and others who believe in our mission.
Frequently Asked Questions
HOW DO I CONTACT THE FOUNDATION?
The Foundation’s team stands ready to assist you in making a gift or to answer your questions. Please contact us by calling 404-977-6709.
WHAT TAX DEDUCTION WILL DONORS RECEIVE FOR THEIR GIFTS?
Your tax benefits will depend on several factors, including the type of gift, whether it is outright or deferred, or has any income payments. In general, here are some guidelines:
Outright gifts generate a charitable deduction generally based on their fair market value, less the fair market value of any goods/services received (e.g., the value of a meal at a fundraising event.) Bequests do not generate current income tax deductions.
Similarly, life insurance distributions are not tax deductible. If you have made the Foundation the irrevocable owner and beneficiary of a policy during your lifetime, however, you may deduct annual gifts that offset premium payments.
The charitable deduction for a gift that returns income to you, such as a charitable remainder trust, is based on the fair market value of the gift asset minus the present value of the income interest you retain.
Because many Legacy Gifts involve complex instruments and tax issues, the Zell Miller Foundation advises donors to consult with their own legal and/or financial advisors before making a Legacy Gift to the Foundation.
WHAT GIFT PLANS PROVIDE DONORS WITH INCOME?
You have the option of making a gift that provides income to you, your spouse or other individuals, such as a charitable remainder unitrust or annuity trust.
WILL THE FOUNDATION DETERMINE THE VALUE OF GIFTS OF TANGIBLE PERSONAL PROPERTY FOR A DONOR’S INCOME TAX DEDUCTION?
No, this is the donor’s responsibility and the IRS has strict guidelines on assessing value and securing an appraisal.
WILL THE FOUNDATION CONTINUE TO SOLICIT CONTRIBUTIONS FROM DONORS WHO CREATE A LEGACY GIFT?
Your Legacy Gift is a significant addition to our long-term financial stability and our ability to meet the challenges and opportunities the future will bring. However, our ongoing efforts are supported through annual outright gifts, and we appreciate and encourage any annual support you may consider.
IS THE ZELL MILLER FOUNDATION A TAX-EXEMPT ORGANIZATION? WHAT IS THE FOUNDATION’S FEDERAL TAX IDENTIFICATION NUMBER?
Yes. The Zell Miller Foundation is a non-profit 501(c)(3) tax-exempt organization. Please call 404-977-6709 for our federal tax identification number.
WILL THE ZELL MILLER FOUNDATION SERVE AS EXECUTOR FOR AN ESTATE?
The Zell Miller Foundation will not serve as executor for any estate due to the potential for conflicts of interest.
HOW CAN A DONOR NOTIFY THE ZELL MILLER FOUNDATION ABOUT A PLANNED GIFT?
Please let us know by calling 404-977-6709.