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 Information about Planned Giving:
Creating a legacy with a gift to the horses
March 17, 2021

Dear Friend of the TRF Herd,

My name is Kim Weir and I am the Director of Planned Giving at the Thoroughbred Retirement Foundation. I am sending this note to the many thoughtful individual donors who have indicated an interest in information about including the TRF in your estate plans.

In response to your expression of interest with your recent gift, I am writing today to provide a number of resources that might be useful and educational for you.

Thank you for your interest in this topic and for considering our beloved horses in your plans for your personal legacy.
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First, the TRF website has been updated to include the language that we suggest our donors include in the drafting of their estate planning documents along with our EIN (Tax ID). We encourage you to visit this webpage and to share it with your estate planning advisor for reference. Please bear in mind that the inclusion of the TRF's unique Tax ID (13-3132741) is the single most important element to include when developing a legacy gift plan with your advisors.

Second, beyond your exploration of a legacy-oriented Planned Giving document (will, trust etc), I would like to invite you to research several alternative giving mechanisms which will make an immediate positive impact on the resources available for the horses, while also providing meaningful tax reductions for qualified individuals (without impacting more liquid assets).

The most widely used tools include:

IMPORTANT NOTE: The intent of this message is to inform, but not to advise. We encourage you to discuss all matters related to tax implications of charitable giving with a qualified professional advisor.

We know that you have a choice in your charitable giving and we sincerely appreciate your support for the horses of the TRF.

Please do not hesitate to contact me directly with any questions about Planned Giving or other opportunities to make a lasting impact on the horses in our care.

With gratitude,

Kimberly Weir
Director of Major Gifts and Planned Giving
Thoroughbred Retirement Foundation
Donation of Appreciated Stock/ Mutual Funds

The gift of appreciated assets is a great way to donate 100% of asset value to an organization without any tax impact on you or the organization. Donating stock (or mutual funds) directly to charity is one of the most tax-smart ways to give. Yet, it is often not well understood or widely used.

To learn more about the benefits of donating stock to the TRF, please reference this industry publication. To initiate a gift of stock to the TRF, please share the TRF Brokerage account information with your broker or financial advisor. This information is available on the TRF website on our "You Can Help" page.
"Recent stock market volatility inspired me to donate several shares of an appreciated stock in my portfolio to the TRF, which resulted in a direct donation to the horses. I incurred no capital gains on the donation and, at the same time, I was able to rebalance my portfolio at the adjusted market value."

~ TRF Donor (March 2020)
"At 73 years old, I am required to make a required minimum distributions (RMD) from my retirement account. Just last week, I made a distribution to the TRF which resulted in an immediate cash donation to the horses and the distribution doesn't count toward my taxable income."

~TRF Donor (April 2020)
Qualified Charitable Distribution (QCD)

If you are at least 70.5 years old and have a pre-tax Retirement Account, you may be eligible to make a tax-free donation to the charitable organization of your choosing. The Qualified Charitable Distribution (QCD) enables you to give 100% of your donation to the organization tax-free.

To learn more about the benefits of QCDs, please reference this industry publication. To initiate a QCD to the TRF, please share the TRF Brokerage account information with your broker or financial advisor. This information is available on the TRF website on our "You Can Help" page.
Disclaimer: This is for informational purposes only. Neither Thoroughbred Retirement Foundation (TRF) nor any of its employees are in the business of offering tax, legal or accounting advice. Please consult with your own personal advisors for tax, legal or accounting advice.
There are many ways You Can Help the Horses:
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About the TRF:
Founded in 1983, the Thoroughbred Retirement Foundation is a national organization devoted to saving Thoroughbred horses no longer able to compete at the racetrack from possible neglect, abuse, and slaughter. As the oldest Thoroughbred rescue in the country, the TRF provides sanctuary to retired Thoroughbreds throughout their lifetime.

Best known for its pioneering TRF Second Chances program, the organization provides incarcerated individuals with vocational training through its accredited equine care and stable management program. At seven correctional facilities and one new juvenile justice facility across the country this program offers second careers to its horses and a second chance at life for individuals upon release.

TRF cares for 500 rescued and retired Thoroughbreds at Second Chances prison farms and Sanctuary Farms across the country. The organization is funded entirely by private donations. The TRF is accredited by the Thoroughbred Aftercare Alliance and has a Platinum rating with GuideStar. For more information visit: http://www.trfinc.org/

Thoroughbred Retirement Foundation| PO Box 834, Saratoga Springs, NY 12866|
518-226-0028 | www.trfinc.org