A planned gift is often considered the “ultimate gift” since it is a way to leave a meaningful legacy. Some planned gifts provide immediate support, such as gifts of cash or securities, where donors can benefit from and witness the impact of their giving. Others provide future support, such as a gift in a will or trust or a beneficiary designation.
Find the right gift to take care of yourself and make a lasting impact on LGDA. Use the descriptions below to learn about your planned giving options.
We deeply appreciate your generosity and your role in transforming LGDA for years to come.
Gifts of Stocks/Securities
Gifts of stock and other securities (such as bonds or mutual funds) are a stress-free way to give to LGDA. When you donate stock, you’ll generally take a tax deduction for the full fair market value. By donating stock that has appreciated for more than a year, you are actually giving more than if you sold the stock and then made a cash donation, since you avoid capital gains taxes.
To ensure that your stock gift to LGDA is received, please inform LGDA of your stock donation and provide this information to your broker:
Focus Partners Wealth
Schwab DTC Transfers
Charles Schwab & Co, Inc.
Account Name: Lymphangiomatosis & Gorham’s Disease Alliance Inc
Account Number: 2053-6365
DTC Clearing Number: 0164
DTC Code: 40
IRA Qualified Charitable Distribution
Beginning at the age of 70½, you can make a tax-free IRA distribution that is paid directly from your IRA to LGDA. While income tax is normally due on each traditional IRA withdrawal, you can transfer up to $100,000 per year to LGDA without paying income tax on the transaction. In addition, your IRA charitable contribution satisfies the annual minimum distribution requirement for your IRA.
Donor-Advised Fund (DAF)
When you contribute cash, stock, or other assets to a DAF, you are eligible to take an immediate tax deduction. Then those funds grow tax-free, and you can recommend a grant from your DAF to LGDA, now and over time. You can also name LGDA as the ultimate beneficiary of your DAF. A DAF is one of the easiest and most tax-advantageous ways to give to charity.
Those with DAF with Fidelity Charitable, Schwab Charitable, or BNY Mellon can use dafdirect to make a contribution.
Bequests and Estate Plan Gifts
Bequests and estate plan gifts are gifts that cost you nothing now. They are simple and popular gifts.
Gifts by Will or Living Trusts
A bequest is a gift made through your will or living trust. It is usually a set dollar amount, percentage of an estate, or a specific asset that would go to LGDA after your passing. You can make a bequest by simply including language in a new will or living trust, or by making an amendment to your present will or trust. A bequest is an easy way to support the work of LGDA in the future without using any of your assets today.
Retirement Plan Assets
You can name LGDA as the beneficiary of a portion or all of your IRA, 401(k), or other retirement plans. To do so, contact your retirement plan administrator and complete the appropriate beneficiary designation form. When your estate is settled, the amount passes tax-free to LGDA, and your heirs avoid income and estate tax on your most heavily taxed assets.
Life Insurance Policy
You can designate LGDA as your life insurance policy beneficiary. To do so, contact your life insurance company and complete the appropriate beneficiary designation form. When your estate is settled, LGDA receives the proceeds. Your heirs benefit as well since policy proceeds given to a nonprofit are exempt from estate tax.
