An Enduring Mark
Your legacy can endure at Planned Parenthood Federation of America with the creation of an endowed fund. Such a fund continues into perpetuity, as annual distributions are made from investment earnings to support key activities and programs.
In establishing an endowed fund – in your name or in honor or in memory of a loved one – you are providing future generations the opportunity to remember and celebrate your values and generous spirit.
If you are considering an endowment gift, we encourage you to talk with a member of the Gift Planning team. We will work with you on an endowment agreement. You can create an endowed fund during your lifetime, over a period of years or all at once. Many donors establish their endowments with modest gifts to start and add to the endowment corpus through their wills, living trusts, or other gift designations.
Funding Your Endowment
Endowed funds can be created during your lifetime with a gift of cash or other assets. In addition, there are other ways to fund your endowment while incorporating financial and estate planning strategies:
Retirement Plans
Naming your endowed fund as a remainder beneficiary of your retirement plan, such as a 401(k), IRA, or pension plan, is an easy way to make a gift. It is also a tax-wise choice because, although your estate would pay income tax on a retirement account left to your heirs, there is no tax if you give it to your endowed fund at Planned Parenthood Federation of America.
Beneficiary Designation
You can name your endowed fund the beneficiary of bank accounts, investment accounts, or life insurance policies. At the end of your lifetime, your endowed fund receives the proceeds directly from your account.
Charitable Bequest
You can make a gift to your endowed fund through your will or trust by including a specific dollar amount or a percentage of your estate, leaving a particular asset — stocks, bonds, mutual funds, real estate, artwork, or other property. Alternatively, you can name your endowed fund as a “residual beneficiary” so that it receives the remainder of your estate after all other bequests have been made.
If you have any questions about endowments or would like more information on planning your contribution, please contact:
Planned Parenthood Federation of America
Office of Gift Planning
800-806-8628
[email protected]