People + Policy
= Positive Change for the Public Good
The Free Press Legacy Society allows you to make tax-wise gifts to help Free Press, our 501(c)(3) organization, reach our goal of creating a more diverse, democratic and accountable U.S. media. Planned gifts provide the resources we need to succeed and enable us to chart future programs and strategies. You don't have to be wealthy to make a planned gift. People of every income level can do it.
Please note that it is important to discuss your gift with your tax or estate specialist. Gifts will have differing tax implications depending on the size of your estate, other charitable gifts you plan to make, etc. For more information, or to discuss making a planned gift, please contact Yesenia Perez at 877.585.1533, ext. 502, or email her.
Why should I leave a gift to Free Press?
Policy will always play a central role in determining whether the U.S. media nurture democracy — or stifle it. Leaving a planned gift to Free Press will help ensure that the public has a seat at the policymaking table — now and in the future — as the shape of the Internet, journalism, public media and other forms of communication is determined.
What kinds of gifts can I leave to Free Press?
Below are the types of planned gifts that Free Press accepts (click the links to learn more).
Cash gifts are the easiest and most common gift.
One of the most popular types of planned gifts, bequests reduce the size of your taxable estate while helping advance media reform. Bequests can be made in a variety of ways:
Specific bequest: You decide now exactly how much money, what assets, or what percentage of your estate will pass to Free Press after your death.
The following is a suggested form for such a bequest: "I hereby give and bequeath [amount in dollars or percentage amount] to Free Press, a nonprofit, tax-exempt organization incorporated under the laws of the District of Columbia in 2003, having the federal tax identification number 41-2106721, to be used for the accomplishment of its general purposes."
If you prefer, you may designate a specific purpose for our use of your bequest. If a restricted gift is your preference, please contact us before finalizing arrangements so that we can be sure we'll be able to fulfill your wishes.
Residuary bequest: You can specify the portion of your estate that will pass to Free Press after other designated beneficiaries receive their specified gifts, and after expenses are paid.
Contingent bequest: All or a portion of your estate will pass to Free Press only if the named beneficiaries do not survive you.
This is simple and direct. You can list Free Press as the only beneficiary, as a partial primary beneficiary, or as the contingent successor beneficiary, whereby Free Press will receive the benefits only if a named individual beneficiary predeceases you. It is easy to make a change to the beneficiary designation of your accounts without changing your will or other aspects of your estate plan. Just ask your insurance company, bank or investment firm for a form that will allow you to make Free Press a beneficiary of your policy.
These are easy to give and offer great tax advantages. Stock can be transferred electronically and donors can receive substantial relief from capital gains taxes. The donated security must be owned for more than one year. If you are interested in making a planned gift of securities, please contact Yesenia Perez at 877.585.1533, ext. 502, or email her.
How do I add Free Press to my will?
It's very easy to add Free Press to your existing or new will by including simple language such as:
"I hereby give and bequeath [amount in dollars or percentage amount] to Free Press, a nonprofit, tax-exempt organization incorporated under the laws of the District of Columbia in 2003, having the federal tax identification number 41-2106721, to be used for the accomplishment of its general purposes."
If a restricted gift is your preference, please contact us before finalizing arrangements so that we can be sure we'll be able to fulfill your wishes.
If you have a lawyer, he/she can help you draft a new will, or add a codicil to your existing will that names Free Press as a beneficiary.
Our official name and address is: Free Press, 40 Main Street, Suite 301, Florence, MA 01062. Our Federal Identification Number is: 41-2106721
How will my planned gift to Free Press be acknowledged?
As a Legacy Society member, you will receive periodic updates, invitations to special events and public recognition. We would be honored to thank you publicly, in our annual report, for your generous support of Free Press and the media reform movement. We typically list supporters by name without specific reference to gift amount. We understand, however, that some donors prefer to remain anonymous. When making your gift, please let us know your preference regarding acknowledgment.
People + Policy
= Positive Change for the Public Good
As you may have heard, an encryption flaw called the Heartbleed bug was recently discovered. This bug has affected many popular websites and services.
Fortunately, this flaw did not impact Free Press.
We have tested our online donation, sign-up and petition forms and have confirmed that they are not vulnerable to this bug.
Feel free to test our donation page too — just to be safe.
If you have any questions or concerns please contact us at firstname.lastname@example.org.