A gift of cash is the easiest way to give to the Foundation. Make your check payable to THE INDIANAPOLIS BAR FOUNDATION and mail to:

The Indianapolis Bar Foundation 140 N. Illinois St. Indianapolis, IN 46204

Just a simple designation in your will or living trust creates a legacy for the Indianapolis Bar Foundation and will not affect your cash flow during your lifetime.

With a gift of $50,000 or more, the Foundation will establish at your request a fund bearing the name you designate. These named funds offer ways for friends, family members, neighbors, colleagues, foundations or law firms to commemorate special individuals, such as a colleague in our legal community or an individual who has demonstrated exceptional dedication to expanding access to justice.

Individuals and families or other groups may combine gifts made over time to meet the minimum amount. Once a named fund is established, gifts may be designated to the fund at any time. Families and friends may choose to let others know that the fund has been established and invite others to join them in support of this lasting tribute.

Generally, named funds support the Foundation’s Endowment or a broad organizational priority. However, funds may be directed to a mutually agreed upon specific purpose that fits within the IndyBar Foundation’s mission and organizational goals and is approved by the IndyBar Foundation Board.

This is a terrific way to make a gift, allowing you to receive fixed payments and defer or eliminate gains tax, or, if you prefer, allowing the Foundation to receive income for a period of years, with the remainder passing to your heirs.

The Foundation will accept gifts of real estate, including remainder interests in a personal residence or farm; however, all gifts of real estate are subject to the approval of the Foundation’s board upon recommendation by the Finance Committee.

When you gift appreciated securities to the Foundation, you are able to deduct the market value of the stock at the time of the donation and Foundation is able to sell the stock without paying capital gain taxes.

In donating a policy, you can often take an immediate deduction as well as deduct future premium payments. You'll get the proceeds out of your taxable estate and because life insurance costs “pennies per dollar” of coverage, it's a great way to make an extraordinary gift at a modest cost.

Your retirement fund can be taxed up to 80% if passed on to heirs, but its tax free to the Bar Foundation. Often, between paying taxes and receiving a deduction, using a lifetime withdrawal to make a charitable gift is a “wash” for tax purposes.