Ways to Give |
Join the MDA Legacy Circle
When you make a legacy gift to support MDA, you’re saving lives in Israel and ensuring that MDA’s work can continue for years to come. All who make a legacy gift are welcomed into the MDA Legacy Circle, an exclusive group for donors who have the commitment and foresight to provide support for MDA that lasts a lifetime and beyond. Please let us know if you are part of that select group by sending in this form. As a member of the MDA Legacy Circle you’ll receive:
- Special briefings
- Exclusive event invitations
- Personal tours of MDA when you’re in Israel
- The satisfaction of knowing that your gift is saving lives and leaving a legacy
Your gift may also provide you with financial benefits, including income for life and significant income-tax deductions. Please let us know if you’ve included MDA in your legacy giving plans by filling out this form so we can welcome you into the MDA Legacy Circle.
Gifts in your will
A gift in your will is one of the simplest ways to remember those people and causes you care about the most. It’s a sound option for those who want to guarantee support of AFMDA beyond their lifetimes, but also need to ensure availability of their assets while they’re still living. If you already have a will or trust, there is no need to rewrite your documents to make a gift — simply add an amendment that announces your intentions. See sample bequest language.
Charitable Gift Annuities
A charitable gift annuity is a way to make a gift and still receive an income for yourself and another individual at your option. It’s a contract under which AFMDA, in return for an irrevocable gift of cash or property, agrees to pay a fixed sum for life. Not only does this provide income that you cannot outlive, but it also generates a current charitable income-tax deduction. The fixed annuity rate is based on the age of the donor(s), and a substantial portion of the charitable gift annuity pay out may be tax-free. Moreover, the charitable gift annuity’s fixed rate of return is often higher than what is currently available.
With a deferred-payment charitable gift annuity, income payments begin on a predetermined future date. This deferral produces higher income payments for the beneficiary and a greater tax deduction when compared with an immediate-payment gift annuity for someone of the same age.
Request more information about charitable gift annuities.
Designations from an IRA, pension plan, or investment accounts
Many people use IRAs, pension plans, or investment accounts to direct gifts to charities. Tax-deferred assets are often taxed very heavily in your estate. Any portion left to charity is not taxed. Therefore, if you are considering leaving a gift to AFMDA, it may make the most sense to use an IRA or pension plan to make the charitable donation, and leave other assets to your family. Adding beneficiary designations on investment or bank accounts can avoid probate.
There are several ways to use life insurance to make a gift: contribute an existing policy, making AFMDA the owner and beneficiary of the policy; contribute a portion of a large existing policy, leaving the balance to your original beneficiaries; purchase a new policy, making AFMDA both the owner and beneficiary of the policy.
There are two popular trust options. A Charitable Remainder Trust provides life income for one or more income beneficiaries, such as the donor and the donor’s spouse, and leaves the remainder interest to AFMDA. A Charitable Lead Trust pays income to AFMDA for a specific period of time. At the termination of the trust, all gift assets are returned to the donor or other person(s) designated in the trust, such as children or grandchildren. Lead trusts are used primarily to reduce estate tax liabilities on gifts to family members.
A designated fund in support of AFMDA provides an opportunity to target your philanthropy to support the programs and activities of MDA about which you care the most. The designated fund may provide that the principal can remain intact while the income is used for the vital needs of Israel. Designated funds can be established with a minimum gift of $25,000 and can be added to at any time by you or others.
Gifts of Appreciated Assets
Gifts of assets — cash, securities, or property, such as real estate or artwork — are other ways to support AFMDA. And if you make your gift
of appreciated property during your lifetime, you can generate a current income-tax charitable deduction without paying tax on the long-term capital gain. For instructions on wiring gifts and transferring stock to AFMDA, click here.
Contact Jeff Lipkin, legacy giving advisor, at email@example.com or 866.632.2763 ext. 218 for a confidential discussion of legacy giving opportunities.