Ways to Give
Your gift to the National Buffalo Foundation will help create opportunities for the future for the bison, preserving the heritage and legacy of the American Buffalo.
The National Buffalo Foundation launched the Bison Legacy Fund for the purpose of garnering funding, that is professionally administered, to further the Foundation’s credible research and public education. The Foundation is a 501c(3) organization.
Make a Cash Gift
Giving a cash donation is easy. Use our convenient Paypal/Credit Card link above. Or, you can send a check by mail.
If you itemize tax deductions, you may deduct a gift of cash up to 50% of your income. If your gift exceeds this amount, you may carry forward the excess deduction for up to five additional years.
Shop Amazon? Use AmazonSmile
Another way to contribute any time is by shopping through AmazonSmile. Log in to smile.amazon.com and choose the National Buffalo Foundation from the menu of charities. Simply continue on, completing checkout as usual to make your purchases. Amazon will then send an AmazonSmile donation to the National Buffalo Foundation.
For more information about the AmazonSmile program, go to smile.amazon.com/about.
Establish a Memorial or Honorarium
Be sure to fill out the interactive National Buffalo Association Donation Form to designate your donation as a gift, memorial or honorarium. Then simply print the form and send it along with your donation.
A memorial remembers friends and loved ones who were passionate about bison. Today, families often suggest that friends contribute to a memorial fund set up in the name of the deceased in lieu of sending flowers. The National Buffalo Foundation will assist in creating a memorial. When gifts are received, a special acknowledgment will be sent to whomever you indicate.
Honorariums pay tribute to those whose diligence, achievements, or example has had noteworthy impact on their communities, the environment, the bison industry or society.
Include the Foundation in Your Will or Estate Plans
Your attorney can help you determine the language best suited to your circumstances to provide for the Bison Legacy Fund in your will. Please make sure you contact us with your intentions.
In many cases, leaving your legacy can be as easy as adding the following bequest language to your will:
“I, [name], of [city, state ZIP], give, devise and bequeath to National Buffalo Foundation [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.”
Establish a Trust
Income-producing trusts are a valuable option for donors who wish to benefit from their gift. Assets are put in a trust which pays a minimum of 5% annually to you or other non-charitable beneficiaries. When those payments are no longer made, through a fixed term or at one’s death, the trust’s remainder goes to the National Buffalo Foundation’s Bison Legacy.
Giving stocks and bonds that you have owned for more than one year which have increased in value can provide strong benefits. You may deduct the full market value of the securities and avoid paying capital gains tax on the appreciation. Your deduction is up to 30% of your income, with a five year carryover.
401K or IRA accounts can also be used as charitable gifts. Any amount left in these accounts at the death of an individual is otherwise taxed as ordinary income and then exposed to estate taxes as well. Non-profits (Foundations) can be named as beneficiaries or contingent beneficiaries for these retirement accounts.
Name the Foundation on Your Life Insurance
Making a gift of a life insurance policy, existing or new, can be an economical way to give. Naming the National Buffalo Foundation as both owner and beneficiary of a paid-up policy entitles you to a deduction equal to the policy’s cost basis. Making a gift of a policy that is not paid-up provides you with a tax deduction approximately equal to the policy’s cash surrender value. Making a gift with a new policy, with the Foundation as owner and beneficiary, allows you to deduct premium payment donations to the Foundation that allows the Foundation to pay the premiums.