Legacy Gifts

By making a legacy gift to The Oaxaca Learning Center, you know your values will be carried forward, supporting young people in Oaxaca for generations to come. Many of these gifts require no immediate donation: the gift only comes after your lifetime, and you may maintain your ability to change your mind at any time.
Always consult with a financial/tax advisor.

Perhaps you are just beginning to think about your future plans. Or maybe your family or other circumstances have changed, and you have realized it's time to update your plans to reflect your current needs and wishes.

There are various ways to make a legacy gift: through your will or trust, by designating the Learning Center as a beneficiary of your life insurance policy, retirement fund, or other assets. More recently there are also ways to invest money in a charitable fund that supplies an annuity to you and upon your passing, donates the original principal invested to FOLC.

UPDATE 2023: The enactment of the new 2023 Legacy IRA Act has allowed many to take advantage of a unique life income opportunity to use a tax-free IRA withdrawal for a charitable gift annuity.

The Act expands the definition of qualified charitable distributions (QCDs) to include one-time distributions to create life income plans, specifically a charitable gift annuity, charitable remainder unitrust, or charitable remainder annuity trust. This new type of QCD is a one-time maximum transfer of a total of $50,000 in a calendar year and can only be done once during the lifetime of the IRA owner. 

If you have questions or require further information, please email robertanyon@tolc.org.mx