Savings Bonds

Over the decades, millions of people have acquired United States savings bonds. Series E and EE bonds accumulate interest on a tax-free basis for up to 30 years, whereas Series H and HH bonds pay interest at stated intervals each year.
Depending on the type of bonds you own, as well as on various aspects of your personal and financial situation, you may consider using savings bonds to make a gift to Medical Teams International.

Options for donating bonds include:

• One option is to leave the bonds to Medical Teams International at the end of your life by means of a Charitable Bequest. This can be an especially tax-efficient option if part of the value of the savings bonds would be taxable when received by surviving family members or other individuals. None of that value will be taxed when received by Medical Teams International because it is a tax-exempt organization.  Note: Leaving savings bonds to a charitable organization at the end of your life requires that your will or living trust have specialized language not found in the typical charitable bequest provision.  Medical Teams International would be pleased to work with your lawyer to ensure your will is worded appropriately. 
• Another possibility is to surrender some or all of your bonds during your lifetime, and use the resulting cash to establish a charitable gift annuity.

If you have questions, please contact Linda Ranz at 425.284.1941 or lranz@medicalteams.org.