Planned Giving Opportunities
Achieving a world without FTD is the focus of AFTD’s efforts every day – and that work requires a sustained commitment. Planned giving is a powerful way to ensure that AFTD is here in the future, to ensure the best help for families facing FTD today, and the best chances of treatment, prevention and a cure tomorrow. Setting up a planned gift can also benefit the donor by providing a significant tax benefit.
There are several ways you can establish a planned gift that will benefit AFTD’s mission.
The most frequent type of 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 2700 Horizon Drive, Suite 120, King of Prussia, PA, 19406, 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 AFTD’s Development & Communications Director at 267-514-7221 ext. 2540, or by e-mail at [email protected].