Legacy of Hope
Legacy of Hope & Planned Giving
What is the Legacy of Hope?
The Legacy of Hope is a program of the National Niemann-Pick Disease Foundation (NNPDF) that allows you (the Donor) to create a legacy for your family and to make a larger charitable gift than you might think possible, while receiving some immediate benefits in the process.
How does leaving a Legacy of Hope work?
The Legacy of Hope utilizes various gift-giving strategies (such as bequests, beneficiary designations and life insurance gifts) that will transfer part of your estate to the NNPDF at some time in the future without requiring cash right now.
Why should you leave a Legacy?
A Legacy gift will allow you to support the NNPDF in its essential mission of finding a cure for Niemann-Pick Disease and providing support services to individuals and families who suffer from this deadly disease.
What do you need to do to participate?
Contact the NNPDF office and we will assist you in completing the process, working together with your attorney and/or financial consultant or estate planner if you wish.
|Type of Gift||Benefit to NNPDF||Benefit to You, the Donor|
|Will or Trust bequest.
(Call the Foundation for sample bequest language)
|Bequest could be used to fund larger projects or clinical trials, support the general fund, or for other specifically-designated purposes.||• Opportunity to make a named gift.
• Estate tax deduction.
|Retirement/IRA Beneficiary Designation||Significant gift upon death of donor.||• Estate tax obligations can be decreased through a tax-deferred designation to a charity, which in turn will help reduce the overall estate tax liability.|
|Insurance Policy||NNPDF receives the full face value or a percentage of face value on the policy upon the death of donor.||• Income tax deduction for cash value of the policy.
• Premium payments may be deducted as gifts.
• Possible estate tax deductions
• Eliminate tax on accumulated dividends.
Please GIVE for the FUTURE of
children and adults with Niemann-Pick Disease!
For more information please
contact the NNPDF office.
Planning… It’s something we all do. We plan vacations. We plan weddings. We plan for our retirement. We plan parties. We plan weekends. We even plan funerals. So why not plan our giving?
Planned Giving can benefit many people — it will benefit the Donor, the Donor’s heirs, the NNPDF, and most importantly, it benefits the children and adults who suffer from Niemann-Pick Disease by supporting research for treatments and a cure, and by providing support services in the meantime.
What is Planned Giving?
It is a means of giving to your favorite charity that allows you (the Donor) to create a legacy for your family and make a larger gift than you would normally think possible while receiving some immediate benefits in the process.
How does Planned Giving Work?
Planned Giving uses various gift giving strategies (such as bequests, beneficiary designations and life income gifts) that will transfer part of your estate to the NNPDF at some time in the future without requiring cash right now.
Why should you make a Planned Gift?
Planned Giving offers a way to support the NNPDF in its mission of finding a cure for NPD and supporting all the individuals and their families who suffer from this deadly disease. Most importantly it offers the Foundation a means of financial support to carry us on into the future.
What do you need to do to participate?
Please contact the Foundation Central Office for information.
There are several means to setting up a Planned Gift.
- Bequests: This is a simple matter of putting a codicil into a will or living trust that leaves a portion of an estate to the NNPDF. It can be a specific dollar amount or it can be a percentage. It can also be a contingent designation that names the NNPDF as beneficiary if the primary heir pre-deceases the Donor.
- Beneficiary Designations: Some people have retirement accounts that will outlive them, or life insurance policies that are no longer needed. The beneficiary designation can simply be changed to name the NNPDF as a beneficiary for a portion of the account or policy.
- Life Insurance: Some people may have a life insurance policy that is no longer necessary to keep. However it has value. Instead of canceling it or cashing it in why not give it to the NNPDF? By making the NNPDF the owner and beneficiary of the policy the Donor will receive a tax benefit by gifting the policy to the NNPDF and the NNPDF will benefit from the proceeds upon the death of the insured.
Since laws vary from state to state we recommend that you consult with your tax professional, financial planner or legal counsel before making any changes to your will or trust.
If you would like to discuss a planned gift to the Foundation, please contact the NNPDF office.