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.