Heifer Foundation Names New CEO and President
The Heifer Foundation Board of Trustees has named Domingo Barrios as the new president and chief executive officer of the nonprofit organization dedicated to helping end hunger and poverty through planned charitable giving.
“The Board of Trustees and the staff of Heifer Foundation are very excited about having Domingo Barrios as our new president and CEO,” said Carol Brown, Chair of Heifer Foundation Board of Trustees. “Through a deliberate, careful process the Board has selected a talented, dynamic individual with a diverse background in the nonprofit sector. His leadership skills, coupled with a passion and commitment for helping others, make him an ideal fit to lead Heifer Foundation.”
Barrios, of Houston, Texas, has more than 20 years experience working in the nonprofit sector as well as having served on the boards of a number of organizations.
“Poverty and hunger in the world cannot be overcome within one generation,” Barrios said. “It requires a sustained effort that is built upon the shoulders of the many leaders, staff, volunteers and donors that have and continue to support Heifer Foundation throughout the years. My goal is to follow the visionary wisdom of founder, Dan West, of ‘passing on the gift,’ so that generation after generation, we can continue to support families as they help themselves out of a pernicious cycle of hunger and poverty.”
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Looking for Fixed Income During Your Retirement?
If you have been wondering how you can provide for your retirement years and support Heifer's mission of ending hunger and poverty, then you may want to consider an Annuity through Heifer Foundation.
With the increase in Annuity rates, you will get a higher fixed yearly payment that will never fluctuate with the markets and provide you with financial security until death. The Annuity's remainder will then go to provide for life-changing work taking place all across the globe.
Find peace of mind through a Charitable Gift Annuity and receive:
- Charitable deduction/tax savings
- Bypass capital gains on gift of appreciated securities
- Partial tax-free income payments
- Remainder supports Heifer International
Call today to learn your yearly payment rate and you’ll receive a free annuity proposal. You can contact Charitable Gift Planner Dorothy Graham at 888.422.1161 or email her at Dorothy.Graham@heiferfoundation.org.
For more information on charitable gift annuities with Heifer Foundation, click here.
Make A Commitment That Will Have A Lasting Impact By Joining "W.I.L.L. Society"
Learn More About Tax Advantages When Gifting Retirement Plans and Life Insurance
A will provides assurance that you have made provisions for family members as well as any organizations you cared about during your life. Once your affairs are in order, you can rest assured that your estate will be distributed according to your will. Heifer Foundation has established Why I Leave A Legacy (W.I.L.L.) Society to help individuals make a commitment to a better world now so that people all across the globe can realize their potential for many years to come.
When you choose to leave Heifer Foundation in your will, you join with other like-minded people from all walks of life that have made a lasting commitment. You will receive updates and information on project areas that interest you and the Foundation staff will assist you in making any adjustments you desire.
With a bequest or other end-of-life gift, you can:
• Remain in control of the funds during your lifetime. A bequest does not become irrevocable until death, which means you can make changes at anytime.
• Reduce estate taxes. Your estate will receive an estate tax deduction for a portion of the gift made by the estate to charity.
• Help continue Heifer's ongoing mission. Bequests are not just for the wealthy. Even a small portion of a typical estate can be a very meaningful gift.
You can also enjoy several tax advantages by gifting retirement plan assets and life insurance to a charity at the time of your death. There are several advantages to gifting qualified retirement plan assets to charity at death. First, the gift of such assets to charity at death carries out taxable income to the charity; however, the charity is tax-exempt and is not required to pay income taxes. If you were to gift those same assets to family members at your death, your family members would be required to pay income taxes on the amounts received from the qualified retirement plans.
Another advantage to gifting qualified retirement assets is that your estate could receive an estate tax deduction for the amount gifted to charity. Gifting qualified retirement plan assets to charities at your death is easy and flexible. You can designate your favorite charity as the beneficiary of a portion or the entire qualified retirement plan asset.
Life insurance provides you with the opportunity to make a charitable gift at very little cost. There are two options available in gifting life insurance. First you can make a charity the beneficiary of the life insurance policy and second you can make the charity owner and beneficiary of the life insurance policy. You may own a policy that is no longer needed that would make an excellent charitable gift. Life insurance can also provide an opportunity to make a larger gift than would normally be possible.
If you would like more information on leaving Heifer Foundation in your will, gifting retirement plan assets and life insurance, or would like to receive a free Will Kit, please contact us at info@heiferfoundation.org or call toll free 888.422.1161.
To read more about creating a will or to submit an online will form, click here.
Heifer Foundation and its employees are not engaged in rendering legal or tax advice. The content provided is for general information purposes only. Advice and assistance on specific cases should be obtained from attorneys or other professional counsel. Be aware of tax revisions. Because individual state laws govern charitable gifts, wills and trusts, the advice of an attorney should be sought when considering any of these gifts.
