You create and name your own fund at AMICUS foundation by making us the beneficiary of a retirement plan, such as an IRA, Keogh, 401K, company pension or profit-sharing plan.
When you designate AMICUS foundation as the beneficiary of your retirement plan, you avoid sizable taxes that result when such plans are transferred to individuals or any entity other than a nonprofit organization.
Amicus may be listed as beneficiary of the entire account, a percentage of the account or as the final beneficiary after the death of your spouse. The proceeds of these plans are entirely free from federal estate tax.
The beneficiary designation form for your retirement plan will ask that you list Amicus's legal name, address and tax ID number. This information is as follows:
Amicus
Cloudless Sky Vajrayana Foundation
4217 Waipua Street
Kilauea, Hawaii 96754
Tax ID #95-4047820
If you would like more information on this or any other special giving options to Amicus, please feel free to email donorservices@amicusfoundation.org, or call us at 808-828-2828