Different from discretionary income donations, planned giving is a way to express generosity and receive the joy of making a difference by supporting Dharma Rain now and in the future. Reflecting on your priorities, and some overall financial and estate planning, enables you to leave a legacy that will help the dharma to flourish.
Such planning gives you the confidence that the Dharma will be cared for well into the future; the appreciation and recognition of the sangha, and the satisfaction of upholding the practice, the teachings, and the community. There are also significant tax savings to be had – unused benefits can be taxed at rates up to 75% if left to heirs. Charitable income and estate tax deductions may also provide means of maximizing your ability to support the Dharma and other commitments. Redirecting all or a portion of your estate that would otherwise go to taxes enables you to make a larger gift than might otherwise be possible, while still providing for your family.
Dharma Rain also benefits from a reliable source of income. Most importantly, those who “journey to the temple” in search of solace benefit from our array of practices, programs, and teachings. Northwest Zen Sangha is a 501(c)3 tax-exempt organization, doing business as Dharma Rain Zen Center, and charitable contributions are tax deductible.
For more information on planned giving, download this description of our Branching Streams Society. To join, please complete and sign the letter of intent.