Planned Giving

Guests and Friends of Harbin Hot springs have increasingly asked for information on how they might make planned gifts. Planned gifts are recognized both in the United States and in other countries as ways in which individuals may make significant charitable contributions that can also provide themselves and/or their heirs with significant tax and other financial benefits.

In addition to the general information below, Harbin Hot Springs offers donors the following documents that are easily downloaded and printed for your use:

1. Planned Gift Intention Form – Please use this form to indicate your planned giving intentions.
2. Planned Giving Flyer – With additional information on why and how to make a planned gift.
3. Sample Language for a Bequest– Simple, standard wording to use in naming Harbin Hot Springs as a bequest beneficiary.
4. Gifts of Retirement Plan Assets and Insurance – Information you will need in giving to Harbin Hot Springs through one of these vehicles.

Planned gifts are classified into two general types:

1. Irrevocable Deferred Gifts – Gifts received by Harbin Hot Springs through which a donor receives an immediate tax deduction but through which Harbin Hot Springs will receive financial distribution at a later date. Such planned gifts typically include:

• Trusts (Lead or Remainder)
• Life Estate Gifts
• Charitable Gift Annuities

2. Charitable Gift Expectancies – Revocable designations through which the donor has yet to receive any tax benefit and through which the Harbin Hot Springs will benefit at a later date. Such expectancies typically include:

• Bequests (wills)
• Retirement Fund Designations
• Insurance Gifts

If you would like to discuss donation via a planned giving arrangement, please contact us at 707-802-8684 or email fundraising@harbin.org.

Mutual Funds

 A gift of mutual fund shares needs to be handled carefully. It often takes several weeks, months sometimes, to accomplish the transfer and usually requires a signature guarantee. Please contact your mutual fund brokerage house or agent for a form they may have available to you for making charitable gifts. Such forms may be available on a web site but generally require downloading and mailing with original signatures and guarantees.

PLEASE EMAIL, FAX OR MAIL THIS COMPLETED NOTIFICATION FORM TO:

Harbin Hot Springs
Attn: Mutual Funds Transfer
P.O. Box 782, Middletown, CA USA 95461
Email: fundraising@harbin.org
Fax: 707-987-0616

IRA – Individual Retirement Account

In 2015, the Protecting Americans from Tax Hikes (PATH) Act made permanent the IRA charitable rollover provision, giving individuals age 70 1/2 or older the ability to transfer up to $100,000 a year, tax-free, from an IRA to one or more qualifying charities.

A charitable IRA rollover (from a traditional or Roth IRA) can be a significant way for individuals to make a generous donation to Harbin Hot Springs, while avoiding or mitigating income tax and tax treatment on appreciated assets. The rollover is not subject to the usual percentage limits for charitable deductions.

The qualified charitable distribution (rollover) can satisfy the required minimum distribution (RMD) from the IRA, and may offset most or all of the taxable income recognized through the RMD. Please consult with your financial or retirement advisor about this and contact Harbin Hot Springs for any additional information you may need.

Donor Advised Funds

Individuals or couples who have established donor-advised funds (DAF) may support Harbin Hot Springs at any time by recommending that their fund support Harbin Hot Springs. Because you have already received applicable tax benefits by making donations to your DAF, you will not receive additional benefits in making such a recommendation.

Harbin Hot Springs asks that you mail or fax to us a signed copy of an “Intent to Recommend” form provided to you by your fund manager for this purpose.

PLEASE EMAIL, FAX OR MAIL THIS COMPLETED NOTIFICATION FORM TO:

Harbin Hot Springs
Attn: Mutual Funds Transfer
P.O. Box 782, Middletown, CA USA 95461
Email: fundraising@harbin.org
Fax: 707-987-0616

General Fund

Plans continue to progress on schedule and we expect the rebuilding phase to last through 2025. During this construction period, we are also estimating that our revenue will not be sufficient to cover our operating expenses. You can help.

Heart Consciousness Church DBA Harbin Hot Springs is a nonprofit 501(c)(3) organization. EIN #23-7422390 Click here to read our Privacy Statement.

If you have any questions, please contact us:
Harbin Fundraising: 707-802-8684
Email: fundraising@harbin.org
Harbin Hot Springs, PO Box 782, Middletown, CA 95461;
www.harbin.org
Updated 2024