You can make a planned gift either during your lifetime or as part of your estate. There are a number of ways to make these gifts. We can help you tailor your gift to meet your personal financial and philanthropic goals. The federal government recognizes the value of these gifts and provides significant tax benefits for making a planned gift to qualified charities such as ACHA.
Join the ACHA Legacy Circle
The ACHA Legacy Circle is a vibrant and growing donor community whose members share a commitment to the ongoing success and vision of ACHA. By joining the Legacy Circle, you make a significant investment in ACHA’s future and the excellence of education programs, research and advocacy.
Planning your estate, charitable interest and legacy for future generations takes careful evaluation. You should consult your attorney, accountant or other tax advisor for additional information and rules as well as to develop a plan that works best for you. We can discuss specific opportunities and assure that your gift is used just as you wish.
To discuss your planned gift, contact our Development Department at email@example.com or call 215-849-1260.
ACHA Legacy Circle Benefits
As an ACHA Legacy Champion, your name will be:
- Engraved on a heart and hung on the ACHA Legacy Circle Tree located in the ACHA national office in Philadelphia
- Listed and scroll on the ACHA Planned Giving Page on the website
You will also receive the Legacy Circle Newsletter with information about planned giving, program updates and a complete list of Legacy Circle Champions.
Ways to give
Cash and stock
Your cash or stock gift to ACHA, made by December 31, qualifies for a charitable income tax deduction. Cash is still the most popular way to make a gift, but stocks, bonds, mutual funds and securities are also excellent ways to give to ACHA. You can deduct the full market value of your stock as a charitable contribution and avoid capital gains taxes for any gift of stock you have owned for more than a year.
Gifts of real estate are like gifts of appreciated stock. If you have owned the property for more than a year, you can deduct the fair market value as a charitable contribution and bypass capital gains taxes.
A gift of life insurance allows you to make a larger gift than you might have otherwise been able to afford. You pay the premium, a relatively low cost to you, and ACHA receives the benefit. Giving a life insurance policy can have significant tax advantages, depending on how you structure the gift.
Charitable Gift Annuities
Establishing a charitable gift annuity allows you to enjoy benefits such as a regular fixed income, attractive rates, tax-free payments and income tax deduction. Your age, assets and income objectives all help determine the best type of plan for you and your family.
A fixed income option is a Charitable Remainder Annuity Trust (CRAT) while a variable income option is a Charitable Remainder Unitrust (CRUT).
You have the opportunity to define your legacy to ACHA by making a gift that lasts beyond your lifetime by including ACHA in your will. Your estate will receive a charitable deduction for the amount of the gift, reducing potential estate taxes. You will also have the comfort of knowing your wishes will be met and that your generosity will have an impact on the future of ACHA and those living with CHD.
See below for types of bequests and sample wording.
Types of Bequests and Sample Wording
A provision in your will that allows you to leave a specific amount to ACHA. Your attorney or accountant can assist you with making a specific bequest to ACHA.
One example of wording would be: I bequeath to the Adult Congenital Heart Association the sum of $_______or __________% of my estate, or the property described herein for its general purposes.
Honored after all other bequests have been made, and all debts, expenses, and taxes have been paid.
A residuary bequest is honored after all other bequests have been made and all debts, expenses and taxes have been paid. An example of wording might be: I bequeath all the rest, residue and remainder of my estate to the Adult Congenital Heart Association for its general purposes.