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Planned giving to the Dr. Susan Love Research will leave a legacy of commitment to breast cancer research that will impact generations to come.
Planned gifts can be directed to support a specific purpose or area of research or to promote education and or advocacy.
The Dr. Susan Love Research Foundation can help you to arrange a planned gift that will allow you to support important breast cancer research while optimizing tax benefits. For additional information about planned giving, please email us at [email protected] or call us at 310-230-1712, Ext. 23.
TYPES OF PLANNED GIVING
Bequests—The most common form of planned giving, a bequest, is made through a will or living trust. Bequests may be stated as a percentage of the estate, as the residual of the estate, or for a specific dollar amount. Since a will can be changed, no income tax benefits are associated with a bequest. However, the owner's estate is reduced by the amount of the bequest for estate tax purposes.
Charitable Remainder Annuity Trust (CRAT)—A CRAT may be funded through a gift of stock, cash or other assets. You receive fixed income for your life or a specified period of years. At your death or the end of the period, the remaining assets are transferred to the Foundation.
Charitable Gift Annuity—A Charitable Gift Annuity is a contract between the Foundation and a donor whereby the Foundation agrees to pay a fixed annuity to a maximum of two beneficiaries (immediately or deferred) in exchange for the irrevocable transfer of assets by the donor to the Foundation. A portion of the annuity payment may be income tax-free, and an income tax deduction may be allowed for the difference between the value of the gift and the present value of the annuity.
Deferred Gift Annuity—As with the Charitable Gift Annuity, a donor makes a gift now and receives an immediate income tax deduction. However, in this instance, the donor begins receiving the annuity payments at a future pre-determined date. Due to the compounding of the gift's income, the amount of the annuity payments can be significantly greater than the annuity payments under the Charitable Gift Annuity.
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