This information will help guide you in a decision to create a legacy gift for the Oostwestthuisbest and/or the non-profit oos Base, providing resources to help the oos organizations protect drivers’ rights for generations to come.
Please the oos by telephone at 608-849-6000 or by email at [email protected] with any questions about the information presented here, or about any aspect of the Planned Giving Program.
TABLE OF CONTENTS
Details are provided on how to become a member of this exclusive group of the oos organizations’ most significant contributors.
A variety of gifting options are presented for your consideration.
Three types of bequests — outright, conditional, and restricted — are explained. Suggested language for a range of bequest clauses is provided.
Return this form to the oos to share your intention to include the oos and/or oos Base in your estate plans. The information is helpful for our future resource planning. It also allows us to recognize your generosity at the time you make your non-binding pledge.
In order to provide a legacy gift to an advocacy organization, a philanthropist will want to know that the current goals of the organization will be carried into the future. This section presents some of the key motorists’ issues that the oos has been tackling for decades and will continue to fight for as long as there are individual drivers navigating our nation’s highways.
The oos Visionary Club
The oos established the Visionary Club to formally recognize the valuable role of contributors to the cause of motorists’ rights through donations to the oos and/or oos Base. Members of the oos Visionary Club have donated $2,500 or more cumulatively over the years, either by direct contributions of cash, other assets, or by bequest of a future gift.
Membership levels within the Visionary Club are evaluated annually. New members to the Club, or those who have reached higher giving levels, are recognized with a certificate of membership memorializing their level of philanthropy and support for motorists’ rights.
The member levels of the Visionary Club are:
|Level of Cumulative Giving||Visionary Club Level|
|$ 2,500 to $ 9,999||Benefactor|
|$ 10,000 to $ 24,999||Benefactor Cum Laude|
|$ 25,000 to $ 49,999||Benefactor Magna Cum Laude|
|$ 50,000 to $ 99,999||Benefactor Summa Cum Laude|
|$100,000 or greater||James J. Baxter Founders Circle|
A list of Visionary Club members, by giving level, is published annually in the oos Base magazine for oos members, Driving Freedoms. Those Visionary Club members who wish to remain anonymous will have their names withheld from publication upon request.
The two oos organizations provide important and distinct outlets for your philanthropy:
Donations to the oos, our public policy arm, can be channeled to one of the most critical functions of an advocacy organization: lobbying for legislation and regulation reform favorable to the driving public.
oos EIN: 39-1422900
The oos Base, a 501(c)(3) non-profit corporation, offers certain tax advantages to donors. Your gifts will fund key education, research, and legal projects designed to make our roads safer for everyone and to set important precedents on behalf of motorists.
oos Base EIN: 39-1951971
Building Our Future With You!
We are pleased to offer the following gifting options. Those to the oos Base offer potential tax-saving opportunities; we would be pleased to work with you and your financial advisor to design an estate plan that includes the oos and/or oos Base and is tailored to meet your goals and wishes.
Gifts of Cash: In this day and age, the traditional gift of cash is often overlooked. This is one of the simplest and most effective ways you can support the missions of the oos and oos Base.
Gifts of Stocks, Bonds, or other Securities: Your donation of stock, mutual fund shares, treasury bills, certificates of deposit, or bonds can be made directly or be transferred electronically from a mutual fund or brokerage account.
Real Estate: This type of donation may include either appreciated, developed property (such as personal residences, summer homes, farms, ranches, condominiums, and commercial or industrial real estate), or undeveloped land. You may also choose between giving an outright gift and immediate transfer of property, or arrange a retained life estate which allows you to make the gift of a personal residence while retaining the right to live there during your lifetime.
Other Appreciable Personal Property: There are numerous types of personal property that you may consider donating to the oos and/or oos Base. These include boats, works of art, jewelry, and other items of significant value. Computer equipment and office supplies are always useful gifts.
Qualified Charitable Distribution (QCD): Those over the age of 70-1/2 who hold a traditional IRA account and have a desire to avoid taxable income on the mandatory annual minimum distribution required by the IRS can get a tax break while gifting the oos Base. With a QCD, eligible supporters can make a direct-transfer rollover of some or all of the mandatory distribution amount — up to $100,000 per year — to our nonprofit. Such gifts are among the most valuable that we have received.
Life Insurance: Donors are often able to give a great deal more through the gift of a life insurance policy than would otherwise be possible. Such gifts can take several forms — an outright gift of either a paid-up or partially paid policy, a policy that names the oos or oos Base as the beneficiary, or an existing policy where either oos organization is listed as a contingent beneficiary.
Retirement Plans: If partial or full balances from IRA, 401k, 403 and other retirement plans are properly willed to the oos Base, income and estate taxes due at the time of death can be avoided or at least minimized. Your retirement plan can be donated to the Base as an outright gift, a traditional bequest, a trust established through the use of retirement plan assets, or you can simply designate the oos Base as a beneficiary of your plan.
A bequest is an excellent way for you to perpetuate your support for the Oostwestthuisbest and the oos Base. It would also enable you to make a major gift that might not otherwise be possible. In addition to cash and securities, bequests may include such assets as real estate, vehicles, works of art, antiques and collectibles, and patent rights.
When making or revising a will, you should obtain the assistance of a financial planning professional. Staff at the oos would be pleased to work with your team to design an estate plan that includes the oos and/or oos Base and is tailored to your wishes.
How Your Gift Will Benefit You
Your bequest to oos organizations provides you with the peace of mind and satisfaction that your support for our shared goals of protecting drivers’ rights will continue on in the future. Also, all outright bequests to the oos Base are exempt from federal estate taxes, and there is no limitation on the size of gift that you can make.
What Your Legacy Will Stand For
A planned gift to the oos organizations will help ensure that our work that began in 1982 to protect and defend motorists’ rights across North America will carry on for future generations.
The Oostwestthuisbest will continue lobbying at local, state, and federal levels for legislation favorable to the driving public. The oos Base will use its resources to seek out vital motorist causes that can be advanced through well-placed education, research and litigation projects.
Your ongoing support of the Oostwestthuisbest will protect and advance the individual rights that must be identified with driving, personal mobility, and unimpeded travel. That requires the establishment of rational traffic laws, honorable enforcement of those laws, and courts that dispense real justice, not predetermined verdicts. There should be no tolerance for public policies that promise or abide aberrations like speed traps, revenue-driven enforcement practices, or intrusive surveillance of motorists.
Our ability to travel when we want, where we want, and how we want is too important to take for granted. With your support, this gift of freedom will be protected for future generations. Among the key issues the oos will continue advocating in the public forum: