Making a gift in your will or revocable living trust is a meaningful way to ensure the promise of public television is kept to future generations in your area.

Naming WHUT Howard University Television as a beneficiary in your will or living trust can be done at any time. You can add a charitable provision to an existing document or express your charitable wishes in a new one.​

Here are some ideas on how to make a gift to the station in your will or living trust:

• You can give a specific dollar amount or property item,
• You can give a percentage of your asset(s),
• You can give all or a portion of what remains after gifts to other beneficiaries such as your family and friends have been made, or
•Your gift can be contingent upon special circumstances or events.

No matter the form or the size, a gift in your will or living trust can help ensure public television remains a vital resource for our community for many generations to come.

Naming WHUT Howard University Television as a beneficiary of your financial accounts, retirement assets or life insurance is an effective and efficient way to support the future of public television in our community. Making a gift through a beneficiary designation is a simple and convenient three-step process.

Contact your financial institution, retirement plan administrator or life insurance company and request a beneficiary designation form.

Complete the form to designate WHUT Howard University Television as a primary or contingent beneficiary of your assets. (The tax-identification number for WHUT- Howard University Television is 53-0204707.)

Return the form to your financial institution, retirement plan administrator or life insurance company and then contact WHUT Howard University Television to share the wonderful news!

A beneficiary designation can also help avoid the expenses and possible delays that can be experienced with the probate process.

A charitable gift annuity is a simple way to support the future of public television in our community and enhance your financial security at the same time.

Here's how it commonly works:

You make a gift of cash and/or appreciated stock to fund a charitable gift annuity for the benefit of WHUT Howard University Television.

Fixed payments will then be made to you for life and, if desired, for the life of a loved one, such as a spouse, partner, or sibling.

The amount of the fixed payments will depend on the annuity rate for the age of the person(s) who will receive the payments.

The gift portion of the annuity will become fully available to WHUT Howard University Television only after the annuity ends.

Benefits:

If you itemize deductions on your federal income tax return, you can claim an immediate charitable tax deduction for a portion of your gift.

You will receive fixed payments for life, a portion of which are nontaxable for a period of time.

Your estate may enjoy reduced probate costs and estate tax.

You will have the satisfaction of knowing the impact of your gift will be multiplied when combined with the gifts of others who equally believe in the power of public television.

If you wish to support public television in a larger way but still wish to retain an interest in your property for your benefit or the benefit of your family, a charitable remainder trust (“CRT”) may be a flexible option for you.

Here's how it commonly works:

• You make a gift of cash and/or appreciated stock; those funds are then placed in an irrevocable trust.

• The trust will then pay you and/or a person you choose regular payments for life or a period of years.

• You can select a payout rate that meets your needs and passes certain tax regulations.

• You may choose to receive fixed payments (annuity trust) or one that changes with market conditions ("unitrust".)

• Once the trust ends, the remaining assets in the trust will pass on to WHUT Howard University Television and perhaps other charities you decide to name.

Benefits

• You will be allowed an immediate charitable deduction for a portion of the gift if you itemize deductions on federal income tax return.

• You will receive annual payments for life; a portion of the payments will be tax-free for a period of years.

• Your estate may enjoy reduced probate costs and federal estate tax.

• You will have the satisfaction of knowing the impact of your gift will be multiplied when it's combined with the gifts of others who equally believe in the power of public television.

Making a gift from your IRA to WHUT is a tax-wise way to enrich the lives of your family, friends, and neighbors.

If you are 70 1/2 and older, you can make a “qualified charitable distribution” directly from your IRA. Gifts up to $100,000 are excluded from your federal income [and perhaps state income depending on the laws in your state]. If you file a joint return, each spouse can exclude up to $100,000 for a maximum of $200,000 each year. This charitable distribution will even count towards your required minimum distribution (“RMD”).

You can enjoy these special tax savings so as long as:

• The distribution is made from either your Traditional or Roth IRA.

• The distribution is made to a qualified charitable organization, like WHUT.

• The distribution is made directly by your plan administrator to the station.​

A gift made from your IRA will never count as income but always make a difference!

How to Give

Contact your plan administrator and request a “qualified charitable distribution” be made directly to WHUT. It’s important to know that if you first receive the distribution and then donate the proceeds, the gift will not count as a qualified charitable distribution. We encourage you to consult with your advisors to fully understand the legal and financial impact of your charitable gift.