Create a legacy that will help sustain the lung cancer movement and meet your financial goals at the same time. Making planned gifts to Lung Cancer Alliance may be able to do more for lung cancer than you thought possible and still receive favorable financial and tax benefits. There are many planned giving options and we recommend that you consult with your legal counsel, tax attorney and/or financial planner about these options: naming Lung Cancer Alliance in your will; or providing gifts of stock, retirement funds, life insurance policies, and real estate.
Giving long term appreciated stock offers you a two-fold tax saving. You avoid paying any capital gains tax on the increase in value of your stock. In addition, you receive a tax deduction for the full fair market value of the stock on the date of the gift. For income tax purposes the value of such gifts may be deducted up to 30% of adjusted gross income, with an additional five year carry forward.
The process is simple:
- You instruct your broker to transfer securities to Lung Cancer Alliance;
- We sell your securities and applies the proceeds to advance its mission.
Please use the attached form with instructions and email us a copy at email@example.com before you request a transfer. We will promptly send you the appropriate tax receipt and acknowledgement letter.
You may choose to provide a gift through your estate by naming Lung Cancer Alliance as a beneficiary in your will. We have been humbled and inspired by our supporters who have decided to leave a legacy of hope for others impacted by this disease. It is one of the most impactful ways of memorializing loved ones while continuing to renew our programs for years to come.
A paid life insurance policy that is no longer needed for its original purpose can be of significant value. You may receive an income tax deduction for the "case surrender" value of the policy to a charity. If the policy is not fully paid and you continue to pay the premiums, deductions can be taken for the amount of payments completed. Lung Cancer Alliance may also be included as a beneficiary on life insurance policies. Any donated portion to Lung Cancer Alliance is deductible for estate tax purposes.
For more information or questions on these planned giving options please contact us at firstname.lastname@example.org or 800-298-2436.