801 Van Camp Rd.
Bowling Green, OH 43402
Browse our adoptable
pets, and add or browse
lost and found pets in
your area by clicking on
the PetHarbor link. You
can also register to
receive emails when the
"breed" of animal you are
looking for becomes
available at our shelter!
Tues, Wed - 12-7pm
Thurs, Fri, Sat, Sun - 12-5pm
The Wood County Humane Society exists in order to bring about the best possible treatment and quality of life for all animals in Wood County.
Making a planned gift to the Wood County Humane Society is a meaningful
way to carry foward your compassion and concern for animls. Planned or
deferred gifts can be used to improve your current financial and tax situation,
often right away. You can also earn a lifetime income from the investment of
the assets that you donate.
Below, you will find a number of different options to consider when thinking
about making an outright or deferred gift to the Wood County Humane
An example of this type of gift is when a donor writes a check directly to an
organization. This benefits the donor because of the simplicity of the gift and
the entire gift is tax deductible. Click here to make an online donation. If you
would like to mail in your donation download and print the form here.
This is the easiest way to make a deferred gift to the WCHS. All a donor must
do is to write the Wood County Humane Society into their will for a certain
percentage of the donor's assets or the total proceeds from the estate. The
benefit of this method of planned giving is that the donor can take an estate
tax deduction for the full amount of the bequest.
Outright Gift of Appreciated Property
The transfer of a stock or bond that has gained value since purchase is an
example of an outright gift of appreciated property. If the donor gave the
WCHS stocks worth $1,000 that had been purchased for $200, the donor
would receive a tax deduction for the current value of the donated stock.
If a donor sold land valued at $200,000 to the WCHS for $10,000 it would be
considered a bargain sale. The difference between the purchase price and
the value of the land ($190,000) would be tax deductible for the donor.
Charitable Remainder Trust
The donor would set up a trust and transfer assets to the trust in this case. If
the donor transfers $10,000 into a trust, the donor can collect five percent per
year as an income stream for the life of the donor. Upon the death of the
donor, WCHS would be the benefactor of the trust as well as any other
charities or family members designated by the donor. The benefits of this
charitable giving method are that the donor receives an income stream for the
remainder of their life and the donor avoids capital gains taxes on the assets
of the trust. Another option for a Charitable Remainder Trust is for the donor to
simply write a provision into their will, directing that a certain amount of money
go into a trust for WCHS upon their death. The trust will then make payments
to the surviving spouse until the spouse passes away. At that point, the WCHS
will receive the remainder of the trust.
There are two options to consider when thinking about life insurance as a
charitable gift. One method is to make the WCHS the benefactor of the policy.
Upon the donor's death, the WCHS will receive the designated settlement
from the policy. The advantages to this method include the ability to change
benefactors at any time and the availability to the donor of the cash value of
the policy. The other option is to make the WCHS the owner of the policy. The
donor must make payments to the WCHS annually to cover the policy
premium. The donor in turn will receive a credit on their income taxes equal to
the lesser of the policy's value of the net premium paid.