“The service that the Family House provides is desperately needed by so many people at what is often the most difficult time in their lives. That’s the most important reason that we decided to make this bequest…naming the Gift of Life Family House as our beneficiary was really easy. It was a lot easier than doing our taxes!” —Pat, with her husband, Jay, past guests and Family House Legacy Society Members
You can ensure our future with your planned gift
Have you ever wondered how the people and charities you care about will fair when you are no longer here to help them? A good way to make certain that your values live on is by writing down what’s important to you. Another is by making provisions in your estate plan to have your charitable support continue.
By making a planned gift to Gift of Life Family House, you will help to ensure that we can maintain our affordable fees and a broad array of services for all who need us, now and in the future.
Making a planned gift is easy. Planned gifts can take many forms including cash, stocks, bonds, or other property. People who make charitable gifts through their estate plans may find that they are able to commit to larger gifts than they thought possible. And there are often tax advantages that benefit the donor, the estate, and the beneficiaries.
Here are four ways you can make a planned gift to the Family House:
Bequests can be a percentage of the remainder of your estate or a specific dollar amount. You can also make your bequest contingent upon the death of your spouse or other beneficiary. Sample language for making a bequest: “I give, devise, and bequeath to Gift of Life Family House, a non-profit 501(c)(3) charitable organization located at 401 Callowhill Street, Philadelphia, Pennsylvania 19123, EIN 26-0585694, or its successor-in-interest, (insert dollar amount or percentage) for its unrestricted use and purposes.”
Charitable Gift Annuities (CGA)
In return for your irrevocable gift to us of cash or stock, we agree to pay you an annuity (a fixed rate of return) over your lifetime. The annuity can also include your spouse or other beneficiary. Annuity rates are based on the age of the person receiving the annuity.
You may be entitled to receive a tax deduction for your gift the year it was made, and there may be other tax benefits if your gift included appreciated assets. Annuity payments may be partially tax-free.
Life Insurance Policies
Name us as a beneficiary of a new or existing life insurance policy by completing a beneficiary designation form provided by your insurer.
IRAS and other Qualified Retirement Plans
Designate us to receive all or part of your IRA or another qualified retirement plan.
Already have us in your will? Let us know so you can celebrate with us now! Fill out the application form to get started.
Enjoy recognition during your lifetime as a Legacy Society member
Donors who notify us that they have made planned gifts will be recognized — during their lifetimes — as members of our prestigious Legacy Society. Members will be recognized in the quarterly newsletter and on our website and will be invited to our yearly President’s Appreciation Reception.
While gifts of all amounts are appreciated, donors who have made planned gifts of $10,000 or more will also be recognized on our Legacy Society Wall in the Family House living room.
Sample language for making a bequest:
“I give, devise, and bequeath to Gift of Life Family House (legal name: Transplant House), a non-profit 501(c)(3) charitable organization located at 401 Callowhill Street, Philadelphia, PA 19123, EIN 26-0585694, or its successor-in interest, [insert dollar amount or percentage] for its unrestricted use and purposes.”
To discuss making a planned gift to Gift of Life Family House, or if you have already named us in your will, please email Sara Cohen, Development Manager or call 267-546-9812.
As with any tax-deductible gift, you should consult with your tax advisor to determine the degree to which your gift may result in tax advantages to you, your estate, and your beneficiaries.