Selecting the right charitable estate planning vehicle allows you to reduce your estate and income taxes. It can help you maximize the financial and tax benefits of your gift and create a larger gift than you thought possible.
When you provide a legacy gift today, you will become a member of the IDF Legacy Society, a forward-thinking group of individuals looking to brighten the future of those living with PI.
Learn more about the various giving options below, and find the right legacy gift for you!
Gifts of Stock or Securities
A beneficial way to support IDF and receive potential tax savings.
Stocks, mutual funds, and other securities can be given directly to IDF. Doing this type of planned giving can be a great opportunity to support the PI community while also benefitting you in tax savings and avoiding paying likely capital gains.
For instructions on making a gift of securities, or on making a securities transfer, please contact Stephanie Hamilton, Director, Strategic Partnerships via email at firstname.lastname@example.org.
Donor-Advised Funds (DAF)
A simple and efficient way to make a gift to the PI community upon death.
A donor-advised fund (DAF) is a type of charitable investment account that provides an immediate tax benefit to you and allows you to recommend grants to charities of your choice over time at your discretion.
If you have a Donor-Advised Fund (DAF), you can designate the Immune Deficiency Foundation (IDF) as a beneficiary of a final grant so that the funds remaining in your DAF after your lifetime can be distributed to honor your wishes.
Retirement Account Beneficiary
Not everyone uses all of their retirement assets, and those unused dollars can support those with PI.
Name the Immune Deficiency Foundation (IDF) as a beneficiary of your retirement plan or Individual Retirement Account (IRA). Funds from these accounts may subject your heirs to federal income tax, so it may be wise to make charitable gifts from these sources.
In most states with a “Retirement or IRA designation of beneficiary form” you can name the IDF as the recipient of all or a portion or any assets remaining in your financial accounts.
A smart way to give back as your original needs for life insurance may have changed.
When the original purpose for a life insurance policy no longer applies, such as educating children who are now grown or providing financial security for a spouse, your policy can become a powerful and simple way to support the mission of IDF. This gift is as simple as updating your beneficiary designation form with the policyholder. You can designate the Immune Deficiency Foundation (IDF) as the beneficiary for a percentage or specific amount.
You can also name the IDF as owner and beneficiary of an existing policy and you may qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax-deductible as a charitable gift when you itemize.
Will or Trust
A gift in your will or trust is a simple way to make a difference.
One of the most popular ways to include the Immune Deficiency Foundation in an estate plan is through a will or codicil. You can either make a specific bequest of cash, securities, real property or leave a fraction or percentage of your remaining assets.
Click below to see some examples of sample language you can share with your attorney or estate planning professional.
“I hereby make, devise, and bequeath to the Immune Deficiency Foundation (EIN: 52-1214782), whose National Office is presently located at 110 West Road, Suite 300, Towson, MD 21204, ______% of the residue of my estate to be used by the Immune Deficiency Foundation for its general purposes.”
“I hereby make, devise, and bequeath to the Immune Deficiency Foundation (EIN: 52-1214782), whose National Office is presently located at 110 West Road, Suite 300, Towson, MD 21204, the sum of $____________ to be used by the Immune Deficiency Foundation for its general purposes.”
Do you already have a will?
If you already have a will, you can amend it with a simple codicil—an addendum that can change a specific part of the will without re-writing the entire document.
For more information on how you can support the mission of IDF through a legacy/planned gift, please contact Stephanie Hamilton, Director, Strategic Partnerships via email at email@example.com to let us know the best way to support you.
Legal Name: Immune Deficiency Foundation
Address: 7550 Teague Road, Suite 220 Hanover, Maryland 21076
IRS Tax Identification Number (EIN): 52-1214782
This information is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Always consult your professional advisor when making or revising your estate plan.