Leaving your Faces of Courage Legacy today will change a camper’s life tomorrow…
Planned Giving is a way for you to continue to make a difference in the lives of cancer survivors and their families. There are so many variations for donations to be made as there are needs. Your gift NOW or IN THE FUTURE will help Faces of Courage Foundation continue its mission of providing FREE camps and programs to women, children, men and their families who have been touched by cancer or blood disorders. You are invited to join our Faces of Courage Legacy Fund and receive recognition today for the gift you will make in the future.
Here are a few ways you can help Faces of Courage now with your Legacy :
Gifts of Stocks and Bonds
Wills and Bequests
Charitable Remainder Trusts , Lead Trusts
Gifts of Life Insurance
Gift Annuities , Retirement Plans
The Faces of Courage (FOC) Legacy recognizes and honors person(s) who have advised us of their plans to endow a gift to Faces of Courage Foundation in the future. These gifts may be in the form of part or all of IRA’s, insurance policies, estate assets, other compensations or interest in a charitable trust.
The FOC Legacy Fund is a permanent endowment fund established to ensure Faces of Courage foundations financial security and sustainability. Faces of Courage has been providing Free Camps and Programs to individuals diagnosed with cancer and/or blood disorders. A gift to the FOC Legacy Fund will ensure the support in its perpetuity.
To increase and grow the FOC Legacy Endowment Fund for future sustainability, 100% of its earned interest will be returned to the fund. As the fund grows, a portion of the earnings may be utilized to cover future operating needs.
Wills and Bequests are the easiest way to make a deferred gift to Faces of Courage Foundation, by leaving a bequest in your will for a specified amount, particular securities or other property. Bequests can be designated for a specific purpose or given without restriction. Bequests are completely tax deductible that may substantially reduce estate taxes. Deferred gifts allow you to achieve your philanthropic goals while realizing your financial, tax and estate plan goals.
Retirement Plans – you can name Faces of Courage Foundation as the beneficiary of your individual retirement account (IRA), tax-sheltered annuities, self employed plan (SEP), 401k, 403(b) and other qualified pension and profit-sharing plans. While heirs can lose up to 70 percent of your retirement plan assets to estate and income taxes, this preserves the full value of your plan.
Securities and Stocks – if you hold securities which would bring a long-term capital gain if sold (for securities owned for at least a year), their outright gift to Faces of Courage Foundation would mean significant tax savings You are not required to pay capital gains tax on appreciation and can receive a tax deduction up to 30% of your adjusted gross income. Therefore the actual cost to you as a donor is often less than the full value of your gift. Donated securities are sold at the time they are received, but values may fluctuate in that small period of time. The gift will be acknowledged based on the net amount of the sale.
Life Insurance Gifts – you can name Faces of Courage Foundation as a beneficiary of any individual or group life insurance policy. You receive an estate tax deduction for insurance proceeds that pass to Faces of Courage Foundation on your death. If you irrevocably donate the life insurance policy itself to FOC you also receive an income tax deduction.
Charitable Remainder Trusts – when you establish a charitable remainder trust you transfer assets of stock, real estate or collectables to a trust, but continue to receive as income a fixed percentage or fixed sum from the principal. A charitable remainder trust is tax-exempt and may sell appreciated assets without capital gains tax. At the end of trust term, the remaining assets are distributed to Faces of Courage Foundation. Benefits often include increased income and reduced income tax, capital gain tax and estate tax.
Charitable Lead Trust – You can provide future inheritance to children, grandchildren or other heirs at reduced tax rates through placing assets in a charitable lead trust. The trust pays income to Faces of Courage Foundation for a fixed number of years, after which the principal would be distributed to your heirs.
For more information please submit your inquiry click here: