Help us plan for a future where FTD is understood, effectively diagnosed, treated, cured and ultimately prevented.
What is Planned Giving?
- Planned giving is designed to create a legacy by helping people plan their personal, financial and estate giving goals in ways that benefit both the donor and ultimately, individuals and families affected by FTD. A planned gift can provide a significant tax benefit to the donor while helping AFTD fulfill our mission.
- An opportunity for charitable giving in circumstances that may not otherwise allow a donor to make a gift to charity.
- Did you know that about 70% of people die without a will or living trust, causing the distribution of their estates to be put in the hands of the government? Planned giving is one way for you to decide who will benefit from your lifelong work.
Planned Giving Opportunities
The most frequently utilized planned gift is a bequest through a will. Your gift to AFTD in your will can be a fixed dollar amount, a percentage of your estate or the remainder of your estate after making provisions for your family and loved ones.
The following is sample bequest language, which may be adapted by your legal/financial advisor to fit your individual circumstances:
“ I hereby give to The Association for Frontotemporal Degeneration (AFTD), Federal Tax I.D. number 41-2073220, located at 290 King of Prussia Road, Radnor Station Bldg. 2, Suite 320, Radnor, PA 19087, the sum of _____ or ____% of my estate, herein described, for the benefit of The Association for Frontotemporal Degeneration to be used by the Board of Directors as it may deem advisable.”
IRAs and Other Retirement Assets
You can make a charitable gift using the beneficiary designation of your IRA, 401(K) or other retirement plan. This type of gift avoids estate and income taxation on the assets accumulated tax-free during your lifetime.
Securities, both publicly traded and closely held, bonds, and mutual funds can be used to make a gift to AFTD. A donor is entitled to a charitable tax deduction equal to the value of the securities on the date of the gift. AFTD is able to sell the securities and employ the proceeds, without reduction by capital gains taxes because of its status as a nonprofit organization.
One of the simplest ways to make a significant contribution is to give a life insurance policy to AFTD. This can be done in a number of ways; you can give a policy you no longer need (change the ownership of the policy to AFTD), take out a new policy, or name AFTD as a beneficiary of an existing policy.
If you would like to discuss planned giving with us, please contact Pam McGonigle, Development Manager at 267-514-7221, extension 2531 or by e-mail at firstname.lastname@example.org