Plan ahead and show us you are More Than Pink™
Planned giving is an incredibly powerful way to leave your legacy on the breast cancer movement and advance the Komen Philadelphia mission.
Many planned giving options may also offer financial benefits such as tax breaks and greater security for your hard-earned dollars in an unstable economy.
Lastly, planned giving is being embraced more and more as a way for individuals to reach their own philanthropic and charitable giving goals, while also achieving financial objectives–due largely in part to the encouragement provided by U.S. tax policy for supporting non-profit organizations, such as Komen Philadelphia.
What is Planned Giving?
Planned Giving is:
- A financial strategy for your present and your future.
- A way to leave money or assets to a nonprofit organization.
- A way to give money so donors can see benefits during their lifetimes.
Planned Giving is also complex. The information on this page is a very basic outline of some Planned Giving options and possible benefits to you and Komen Philadelphia. Before taking any Planned Giving action, or to determine how Planned Giving could benefit you, please consult your financial advisor.
Planned Giving Considerations
To achieve your personal charitable giving and financial goals, while empowering Komen Philadelphia to continue its mission of discovering and delivering the cures for breast cancer, you may want to consider one of the following options—or discuss other options best suited for you with your financial advisor.
- Make Komen Philadelphia a beneficiary of your last will and testament, life insurance policy, retirement plan, etc.
- Establish a charitable remainder trust—a type of trust that will pay you (or other beneficiaries of your choice) an income for life or for a period of years. During that time, the trust may receive favorable income tax treatment. At the death of the final beneficiary or at the end of the trust term, the remaining balance of the trust will go to support Komen Philadelphia.
- Establish a charitable lead annuity Komen Philadelphia receives a fixed dollar amount or percentage of the initial value of the trust assets for a period of years, after which the trust principal is transferred to your designated beneficiaries, possibly reducing the gift tax or estate tax that would otherwise be due.
- Give a gift of stock. Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash.
Please remember to consult with your financial advisor to determine the benefits of including planned giving in your estate plan.