Planned Giving and Stocks & Bonds
Benefits of Planned Giving
Planned Giving provides donors with the ability to support nonprofit associations and charities by arranging for gifts to be made through financial or estate planning. This practice enables donors to make charitable gifts now and establishes provisions for gifts that will continue after their lifetimes. Planned Giving also provides an avenue for supporters to make even larger donations than they could during their lifetimes. This approach provides financial and tax benefits to both donors and their heirs.
Our Endowment Fund
The Histiocytosis Association benefits from Planned Giving through our endowment fund. This fund was established in 1986 with a gift of $17,500, and through additional and generous contributions over the years, has reached more than $150,000. Only the interest income from the fund is used to support Association programs, while the principal remains untouched, growing ever larger as new donations are made.
There are a number of ways to contribute to the Association's endowment fund – bequests, gifts of stock, ownership of property, direct donations, and more. Each of these vehicles can offer substantial tax deductions to the donor, and each helps to guarantee the future of the Association's work.
Bequests are made through a will or a trust, and represent the most common type of planned gift. Remembering the Histiocytosis Association in your will is an important and personal way of providing hope to children and adults with histiocytic disorders for generations to come. Bequests are fully deductible for estate tax purposes.
To make a bequest of cash or other property to the Association, your will (or supplemental codicil, if you do not wish to write a new will) should state: "I give and bequeath to the Histiocytosis Association, a nonprofit corporation, organized under the laws of the State of New Jersey, and having its office at 332 N. Broadway, Pitman, NJ 08071, the sum of $____ or ____ percent of the rest, residue, and remainder of my estate to be used for general purposes of the Association."
It is strongly recommended that you seek advice from your personal tax or legal advisor when making a bequest. These professionals can provide important guidance in setting up a bequest that is best suited to your individual tax situation.
Other Planned Gifts
Planned gifts can take several different forms. Funds can be contributed from:
- Trusts, such as charitable lead trusts and charitable remainder trusts
- Charitable gift annuities
- Life insurance policy assets
- Retirement plan assets
- Endowment funds
An Extraordinary Impact
Please know that your planned gift can make a significant difference in the lives of patients and families fighting histiocytic disorders, and will aid in funding life-saving research toward a cure.
If you would like more information about presenting a gift to the Association's endowment fund or making a bequest, please contact the Histiocytosis Association at +1 856-589-6606.
Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the Histiocytosis Association.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Further our mission today
How to make a gift of stocks and bonds
By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account the Histiocytosis Association.
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
More on gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
If you have any questions about gifts of stocks and bonds, please contact us at firstname.lastname@example.org or +1 856-589-6606. We would be happy to assist you and answer any questions that you have.