WAYS TO DONATE
Building a Brighter Future Today for HHT
Planned Giving
Planned Giving is the process of making a significant charitable gift, during your life or after your lifetime, that is part of your overall financial and/or estate plan. Choosing the right gift will depend on your financial and charitable goals.
A planned gift is often considered the “ultimate gift” since it is a way to leave a meaningful legacy. Some planned gifts provide immediate support, such as gifts of cash or securities, where donors can benefit from and witness the impact of their giving. Others provide future support, such as a gift in a will or trust or a beneficiary designation. And some provide income to the donor plus a future gift.
Find the right gift to take care of yourself and make a lasting impact on Cure HHT. Use the descriptions below to learn about your planned giving options.
We deeply appreciate your generosity and your role in transforming HHT for years to come. Please contact us if you would like to discuss the best planned giving option for you and your family.
Outright Gifts
Make a significant gift today that will improve the lives of HHT patients during your lifetime. Outright gifts are gifts that impact Cure HHT now.
Gifts of Cash
Gifts of cash are greatly appreciated for their immediate impact. Please mail your check or money order made payable to Cure HHT to:
Cure HHT
P.O. Box 329
Monkton, MD 21111
Gifts of Stocks/Securities
Gifts of stock and other securities (such as bonds or mutual funds) are a stress-free way to give to Cure HHT. When you donate stock, you’ll generally take a tax deduction for the full fair market value. By donating stock that has appreciated for more than a year, you are actually giving more than if you sold the stock and then made a cash donation, since you avoid capital gains taxes.
To ensure that your stock gift to Cure HHT is received, please inform Cure HHT of your stock donation and provide this information to your broker:
The Strosnider Dudderar Wealth Management Group
Morgan Stanley
650 South Exeter Street, Suite 1100
Baltimore, MD 21202
(410) 736-5336
Account Name: HHT Foundation International, Inc.
Account # 633-149468-219
DTC #0015
IRA Qualified Charitable Distribution
Beginning at the age of 70½, you can make a tax-free IRA distribution that is paid directly from your IRA to Cure HHT. While income tax is normally due on each traditional IRA withdrawal, you can transfer up to $100,000 per year to Cure HHT without paying income tax on the transaction. In addition, your IRA charitable contribution satisfies the annual minimum distribution requirement for your IRA.
Donor-Advised Fund (DAF)
When you contribute cash, stock, or other assets to a DAF, you are eligible to take an immediate tax deduction. Then those funds grow tax-free, and you can recommend a grant from your DAF to Cure HHT, now and over time. You can also name Cure HHT as the ultimate beneficiary of your DAF. A DAF is one of the easiest and most tax-advantageous ways to give to charity.
Bequests and Estate Plan Gifts
Bequests and estate plan gifts are gifts that cost you nothing now. They are simple and popular gifts.
Gifts by Will or Living Trusts
A bequest is a gift made through your will or living trust. It is usually a set dollar amount, percentage of an estate, or a specific asset that would go to Cure HHT after your passing. You can make a bequest by simply including language in a new will or living trust, or by making an amendment to your present will or trust. A bequest is an easy way to support the work of Cure HHT in the future without using any of your assets today.
Retirement Plan Assets
You can name Cure HHT as the beneficiary of a portion or all of your IRA, 401(k), or other retirement plans. To do so, contact your retirement plan administrator and complete the appropriate beneficiary designation form. When your estate is settled, the amount passes tax-free to Cure HHT, and your heirs avoid income and estate tax on your most heavily taxed assets.
Life Insurance Policy
You can designate Cure HHT as your life insurance policy beneficiary. To do so, contact your life insurance company and complete the appropriate beneficiary designation form. When your estate is settled, Cure HHT receives the proceeds. Your heirs benefit as well since policy proceeds given to a nonprofit are exempt from estate tax.
Life Income Gifts
Life income gifts are gifts that pay you back. They allow you to give assets to Cure HHT while providing yourself or others with income for a period of time before Cure HHT can use your gift. Through a life income gift, you can make a substantial commitment to Cure HHT while still providing for your personal financial needs. For a detailed illustration of your benefits, contact us.
Charitable Gift Annuity
In exchange for a gift of cash or securities, Cure HHT agrees by contract to pay a fixed amount each year to you and/or another beneficiary for life. What’s left of your gift helps support Cure HHT’s mission. In addition, you qualify for a charitable income tax deduction when you set up the annuity. The terms of the annuity arrangement are set forth in a contract signed by you and Cure HHT.
Charitable Remainder Unitrust
You establish a trust from which you and/or other beneficiaries receive variable annual payments for life or a term of years. At the end of the term, the remainder of the trust assets go to Cure HHT. These are popular gifts because of the financial flexibility they offer and their tax benefits.
Charitable Remainder Annuity Trust
You establish a trust from which you and/or others receive annual payments of a fixed dollar amount for life or a term of years. At the end of the term, the remainder of the trust assets go to Cure HHT. Trusts created during your lifetime take advantage of income, capital gain, and estate tax savings.
The Cornerstone Society
The Cornerstone Society recognizes the generosity of those who have named Cure HHT in their will or trust, as a beneficiary of assets, or through a life income gift. These future gifts demonstrate an ongoing commitment to Cure HHT and its mission. Click here for additional information.
Tax ID #: 22-3115041
The information presented here is not intended as legal or tax advice. For such advice, please consult your attorney or tax advisor.