Donation Strategies

Some legal strategies for leveraging your donations to maximize tax advantages, reduce estate taxes, and obtain maximum satisfaction out of giving to the FEZANA Funds are suggested below. In all cases, you should consult a competent tax attorney and accountant to ensure eligibility and prepare legal documents, if needed.

Designate FEZANA as a beneficiary in your office donation program.

Most large corporations will match your donation to your designated charity. Many organizations such as Blue Cross and Combined Appeal will allow you to designate FEZANA as your choice for the charity.

Donate appreciated assets like stocks, securities and real estate

The entire value of the asset on the date of the donation is tax-deductible. Furthermore, the donated asset will be removed from the donor’s estate for Federal estate tax purposes.

Donate a life insurance policy to FEZANA.

Leverage your donation by buying a life insurance policy with FEZANA as a beneficiary; or include FEZANA as a co-beneficiary to reduce estate taxes for your heirs.

Charitable Trusts.

Trusts can provide an income stream during the donor’s lifetime while also providing benefits for heirs and minimizing transfer and inheritance taxes. Consult an attorney for forming a Charitable Remainder or Lead Trust, depending on your particular financial needs and estate situation.

Principal Benifits of Donating to FEZANA

• Donor can witness FEZANA’s use of donation during his/her lifetime.
• Current income tax deduction based on fair market value of donation.
• Asset will be removed from donor’s estate for federal tax purposes.

If you prefer to mail a check, send it to : Xerxes Commissariat, FEZANA Treasurer; 7 Burke, Irvine, CA 92620

= OR =

You can donate ONLINE using our secure server

List of Funds

• FEZANA General Fund: for operation of FEZANA and its committees.
• FEZANA Welfare Fund: to provide assistance to needy individuals and Zarathushti institutions worldwide.
• FEZANA Critical Assistance Fund: to provide assistance to individuals, families and organizations facing temporary difficulties due to medical emergencies, natural disasters, violence, or legal issues.
• FEZANA Academic Education Scholarship Fund: for providing academic scholarships and loans for higher education of Zarathushtis.
• FEZANA Religious Education Fund: to promote religious education, publish religious literature, and arrange religious seminars and lectures.
• FEZANA Properties Fund: for purchase of real estate, establishment of old-age homes, meeting and training facilities, temples, seminaries, and related investments.
• FEZANA Journal Fund: to make it possible for FEZANA to send the FEZANA Journal to libraries and religious institutions in North America and to Zarathushtis who cannot afford the subscription costs.
• FEZANA Creative & Performing Arts Scholarship Fund: for providing scholarships and loans for higher education of Zarathushtis in the fields of Creative and Performing Arts, Drama, Music, Painting, Writing, etc.

Donations of over $25,000 into any of the FEZANA Funds will qualify for an endowment named after the donor or a loved one. Only the income from an endowment fund will be utilized for the designated purpose.

At present, FEZANA has five Endowment Funds:

1. Meharaban and Morvarid Kheradi Endowment Fund for Post Secondary Academic Education Scholarships
2. Hormazdiar F. Damkevala Endowment Fund for Critical Assistance to Zarathushtis.
3. Bhathena Endowmwent Fund
   for welfare.
4. Pheroze Dorabji Tamboli Endowment Fund for welfare.
5. Zarin Neville Sarkari Welfare Endowment Fund.

For further information about donations to FEZANA, contact:

FEZANA Treasurer at treasurer@fezana.org