Examples of this type of charitable giving include bequests through your will or living trust; gifts that give you income for life, including a charitable gift annuity, charitable remainder trust, or pooled income fund; and ways to leave a bequest without a will or trust, including retirement plans, insurance policies, and bank/investment accounts.

Bequests through your will or living trust
The most common planned gift is a bequest through your will or living trust. You can arrange a gift of a specific amount, a percentage, or even all or part of the residuum of your estate. If you would like to make such a gift to Five Pearls Foundation, your attorney may wish to include language similar to the following:

"I give, devise, and bequeath to Five Pearls Foundation, Inc., now or formerly in the City of New York, 2042 Madison Avenue, in the State of New York, (dollar amount or __ percent of the rest, residue, and remainder of my estate), to be used for its general purposes."

Charitable Gift Annuities
Gifts That Give You Income for Life
Five Pearls Foundation offers a comprehensive planned giving program. Our staff works with donors and their advisors on many special ways of giving. If you would benefit from:

• payments for the rest of your life
• an income tax charitable deduction, and
• a reduction in capital gains tax
• and, if you would like to make a gift that will create a legacy for the future of Five Pearls Foundation, please review the gift options below.

A charitable gift annuity is a special giving arrangement in which, in return for a gift of $5,000 or more (or $10,000 for two annuitants), Five Pearls Foundation provides guaranteed, fixed payments to you and/or another person for the rest of your lives. The rate of your payments is based on your age when the gift is made and will not change. A portion of your annuity payments may be tax-free, depending on the specifics of the gift. A charitable gift annuity also entitles you to partial income tax charitable deduction and may provide capital gains and estate tax benefits. After your lifetime, the remainder of your gift will support the work of FPF or a designated Five Pearls Foundation affiliate.

Example:
Donor: One person, age 75
Amount of Gift: $20,000
Annuity Rate: 7.1%
Annual Annuity Payments: $1,420/year for the rest of her lifetime
Income tax charitable deduction: approximately $9,498.40

Figures are based on a gift made in July 2007. Five Pearls Foundation uses the annuity rates adopted by the American Council on Gift Annuities.

Our staff can prepare personalized, confidential gift examples for you. If you would like more information, please contact us

Charitable Remainder Trusts
To be part of the Five Pearls Foundation Charitable Remainder Trust Program, you would make an irrevocable gift of $100,000 or more to establish a distinct trust fund in your name. All donors qualify for an income tax charitable deduction. If you make your gift with appreciated securities, you avoid the capital gains tax on long-term appreciation. Charitable remainder trusts may be customized to meet your personal and family objectives, particularly if you want to provide for a friend or family member during or after your life.

Example:

Donor: Two people, age 65
Amount of Gift: $100,000
Income Tax Charitable Deduction: approximately $35,397
Type of Gift: Appreciated stock
Payment Rate: 5%

First Year's Income: $5,000 in year one. For subsequent years, income is based on an annual revaluation, and income can increase or decrease. Our staff can prepare personalized, confidential gift examples for you. If you would like more information, please contact us

Pooled Income Fund
To participate in the Five Pearls Foundation Pooled Income Fund, you would make an irrevocable gift of $5,000 or more, in return for shares in the fund. Your gift and that of others is invested in the Pooled Income Fund for the duration of your life. You will receive the income earned by the fund in proportion to the number of shares you own. All donors qualify for an income tax charitable deduction. If you make your gift with appreciated securities, you avoid the capital gains tax. Your annual income will fluctuate based on the fund performance. The income is taxed as ordinary income to you. Most importantly, you have established a legacy for Five Pearls Foundation or one of our affiliates.

Example:
Donor: One person, age 60
Amount of Gift: $10,000
Income Tax Charitable Deduction: approximately $5,178.30
Payment Rate: Variable, based on earnings
First Year's Income: $350 estimated, income can increase (or decrease) in future years.

Our staff can prepare personalized, confidential gift examples for you. If you would like more information, please contact us.

Ways to Leave a Bequest Without a Will or Trust

Giving retirement funds, insurance policies, and bank/brokerage accounts
Many charitable people wish to create a legacy for Five Pearls Foundation, but have no interest in writing a will or trust. Here are three ways this can be achieved:

• name Five Pearls Foundation as beneficiary of a retirement fund
• name Five Pearls Foundation as beneficiary of an insurance policy, or
• name Five Pearls Foundation as successor to your bank or investment account

Retirement Funds
You can create a legacy by naming Five Pearls Foundation as beneficiary or contingent beneficiary of an IRA, 401 (k), 403 (b), Keogh account, or other retirement plan. When a retirement account is left to a charity, the organization does not pay the income tax otherwise due if left to a friend or family member. For very high net worth individuals, assets in these accounts may be taxed twice if they are part of your estate, resulting in asset depletion. To make such a gift requires completing a change of beneficiary form. There should be no fees involved, and it does not require any work on the part of an accountant or attorney.

If you need help obtaining a change of beneficiary form, please contact us.

Note
If you are married, please note that changing beneficiaries may require the permission of your spouse. There also may be additional tax and financial planning issues, so when considering these assets in your plans, you should consult your legal or financial advisor.

Insurance Policies
Life insurance may be used to create a legacy by naming Five Pearls Foundation as beneficiary or contingent beneficiary of the policy. This requires that you complete a change of beneficiary form with the insurance company. You do not have to work with an attorney or accountant, nor are any fees involved to arrange such a gift. If you name Five Pearls Foundation as beneficiary, you can change your mind at any time by updating the change of beneficiary form. If you need help obtaining a change of beneficiary form, please contact us.

Bank and Investment Accounts
You may name Five Pearls Foundation as successor to your bank or investment account in most states. The arrangement is known as TOD/POD or Transfer-on-Death/Payable-on-Death. This requires that you complete a form directly with your financial institution. You do not have to work with an attorney or accountant, nor are any fees involved to arrange such a gift. TOD/POD gifts are completely revocable -- you may change your mind at any time by filling out a new form.

You may be asked for the following information on the form:

Legal Name
Five Pearls Foundation, Inc.

Legal Address
2042 Madison Avenue #1, New York, NY 10035

Tax I.D./Employer Identification Number
87-0731633