Making a planned gift to the Alzheimer’s Foundation of America (AFA) is a special way to help ensure that individuals with Alzheimer’s disease or a related illness and their families have access to optimal care and support services for years to come.
Planned giving integrates your charitable gift with your overall financial, tax and estate planning goals to maximize your benefits while contributing to making a difference in the lives of Americans touched by this heartbreaking disease.
If you have already included a provision for AFA in your will or long-range financial or estate plan, please let us know so we can thank you and enroll you in our Legacy Society. With your permission, AFA proudly recognizes members in the Legacy Society recognition roster. We also encourage Legacy Society members to participate in the life of our organization by offering you additional opportunities for us to brief you on our work, both in person when an AFA representative travels to your region and through special Legacy Society briefing bulletins that may be mailed or e-mailed to you (as you prefer) from time to time. Call AFA at 866-232-8484 to learn more about the Legacy Society or to receive our free Legacy Society brochure.
Currently, AFA welcomes gifts established through Charitable Trusts, Wills and Living Trusts. The information that follows provides a basic overview of these gift vehicles.
This material is solely for educational and informational purposes and is not offered as, or intended to take the place of, legal or tax advice. Such advice can only be obtained from a qualified tax advisor, attorney, and/or financial planner. Please consult your own advisor when making estate or financial plans.
Charitable Trusts can help you meet a number of financial goals. Working with financial planners and attorneys, you can create a charitable trust designed to meet your needs. Funded by cash or securities, a charitable trust can provide income to you for retirement, educational expenses or other needs, and give a gift to our organization. The benefits will vary depending on which option you choose, how well it is funded, and at what stage in your life you begin, but the advantages remain the same: provision of annual payments to you or another recipient and a reduction of taxes owed. AFA receives either an outright gift, which provides substantial tax savings to the donor, or the remaining value of the trust upon expiration.
Bequests in your will not only reduce estate taxes, but provide a legacy of support for families affected by Alzheimer’s disease or a related dementia. A bequest can be established easily. To leave a percentage of your estate or a specific asset to AFA, you can state in your will or living trust: “I give, devise and bequeath to the Alzheimer’s Foundation of America, 322 Eighth Avenue, 16th Floor, New York, NY 10001 (percent) of my estate (or a specific asset that you name).
You may wish to leave residue of your estate to the foundation. The residue is the portion left over after you have provided for your heirs. You may do this by including in your will the sentence: “All the residue of my estate, including real and personal property, I give, devise and bequeath to the Alzheimer’s Foundation of America, 322 Eighth Avenue, 16th Floor, New York, NY 10001.”
Making a planned gift to AFA may be as simple as changing the designated beneficiary(ies) of an existing life insurance policy, Individual Retirement Account, 401(k) or other pension or retirement plan. There is no need to consult an attorney when making these changes, and this option is ideal when the original reason for the insurance protection or gift beneficiary designation is no longer needed.
AFA is grateful to you for considering us as the recipient of your generosity. Please contact AFA at 866-232-8484 to discuss planned giving options or to let us know of your intent to include the foundation in your charitable gift planning.