Planned Giving

The Lymphoma Research Foundation (LRF) is devoted to funding innovative research and serves the lymphoma community through a comprehensive series of education programs, outreach initiatives and patient services. By including LRF in your estate planning, you will be helping to ensure the future success of the organization in its efforts to eradicate lymphoma and serve those touched by this disease.

There are a wide range of gift plans that can be tailored to fit your philanthropic and financial goals. They include:

WILLS AND BEQUESTS

Remembering the Lymphoma Research Foundation (LRF) with a bequest in your will is the simplest way for you to ensure your lasting legacy and commitment to LRF’s vital mission to eradicate lymphoma and serve those touched by this disease.  By supporting LRF in this way, you retain control of your assets and your estate may save on estate taxes later on.

You may specify a dollar amount, a percentage of your estate, or whatever is left over after designated distributions have been made to your loved ones. Due to the unpredictable nature of future medical advances, it is recommended your bequest be for unrestricted purposes or be directed generally to funding research.  Click here for some examples of bequest language that can be used in a will, codicil or trust, which you can share with your legal counsel.

If you have any questions about including the Lymphoma Research Foundation in your will or would like to request LRF’s Bequests: The Simple Way to Make a Lasting Difference brochure, please contact our Development Team, at development@lymphoma.org. All inquiries are confidential.

APPRECIATED SECURITIES

A gift of appreciated securities that you have held for more than one year is frequently the most economical way to give. You will be eligible to take a federal income tax deduction equal to the fair market value of the stock on the date of the gift for up to 30 percent of your adjusted gross income and will not have to recognize the appreciation as a capital gain. See below for information about how to give securities or mutual fund shares to LRF:

Securities Held by Your Bank or Broker

Please notify your bank or broker that you are making a gift of securities to the Lymphoma Research Foundation and instruct your bank or broker to contact our Senior Director of Finance, Carol Flores, at (646) 465-9110 or cfloresl@lymphoma.org for instructions. Please tell your bank or broker not to proceed until speaking with Carol.

Securities Held by You

If you would like to donate stock certificates, which you have held for more than one year, please download and fill out this Stock Donation Form, and email or fax it to both LRF and RBC Wealth Management, to ensure that we can correctly identify your gift.

Mutual Fund Shares

Please contact our Senior Director of Finance, Carol Flores, at (646) 465-9110 with information about your mutual fund shares. The procedure for transferring shares is established by the mutual fund company, and Carol will be able to assist you with the appropriate letters of instruction.

CHARITABLE LEAD TRUSTS

If you would like to provide significant support to the Lymphoma Research Foundation (LRF) and have little immediate need for additional income, consider establishing a charitable lead trust.   A charitable lead trust allows you to provide income to LRF during the term of the trust and at the end of the trust term, the remaining property returns to you or passes to someone you have designated at reduced or no tax cost. You can choose to establish a Charitable Lead Annuity Trust (CLAT), which will pay a fixed amount to LRF for a period of years.  Or, you can choose to establish a Charitable Lead Unitrust (CLUT), which will pay a variable amount to LRF for a period of years.

How does it work?

You contribute securities or other appreciating assets to a charitable lead trust.  The trust makes fixed or variable annual payments to LRF for a period of years that you determine.  When the trust terminates, the remaining principal is distributed one of two ways:

Non-Grantor Lead Trust – This type of lead trust allows you to pass assets to your heirs at reduced or no tax cost.  Although you do not receive a charitable deduction, you do receive a gift tax deduction.

Grantor Lead Trust – This type of lead trust allows you to receive a significant charitable deduction, without having to permanently part with a valuable asset.  You also receive a significant, immediate income tax charitable deduction equal to the present value of the total income payments to LRF.

Your Benefits

  • You can make a major gift to LRF and still preserve assets for yourself or your heirs.
  • The Lead Trust may enable you to transfer specific assets (such as stock in a family-owned business or income-producing real estate) to your heirs with little or no transfer taxes.
  • Your gift may result in a substantial reduction in gift and estate taxes.

For more information about how a charitable lead trust would benefit you, or to learn more about the different ways you can support the Lymphoma Research Foundation through gift planning, please contact our Development Team, at development@lymphoma.org. All inquiries are confidential.

CHARITABLE REMAINDER TRUST

When you establish a charitable remainder trust, you make a generous gift to help secure the Lymphoma Research Foundation’s ability to fund research while making a smart financial decision.  This gift plan allows you to provide an annual income for yourself or others either for life or for a fixed term of 20 years or less.

How does it work?

You irrevocably transfer assets (usually cash, securities and/or real estate) into a trust.  You decide who the trustee will be (i.e. a bank trust department) and during the trust’s term the trustee will then invest the trust’s assets.  Each year, depending on the type of trust you have structured, the trustee will distribute either a fixed dollar amount to your beneficiaries, which is called a charitable remainder annuity trust (CRAT) or a fixed percentage of the trust’s value as re-valued annually to your beneficiaries, which is called a charitable remainder unitrust (CRUT).  With a charitable remainder unitrust, you may add funds to the trust whenever you like.  Payments must be between 5% and 50% of the trust’s annual value.

Your Benefits

  • You will receive an income tax charitable deduction for a portion of your gift.
  • Your entire gift will be available for reinvestment, free of capital gains tax.
  • Your estate will benefit from reduced probate costs and estate taxes.

To learn more about how a charitable remainder trust can benefit you or about the different ways you can support the Lymphoma Research Foundation through gift planning, please contact our Development Team, at development@lymphoma.org. All inquiries are confidential.

LIFE INSURANCE

Life insurance can be used in several ways to make a lasting gift to the Lymphoma Research Foundation (LRF). You can designate LRF the beneficiary of an existing life insurance policy.

Benefits include:

  • You part with nothing during your lifetime.
  • You continue to own the policy and retain the right to change beneficiaries.
  • If insurance proceeds are paid to LRF after your lifetime, your estate may be entitled to tax benefits because of the gift.

Alternatively, you can transfer ownership of a paid-up life insurance policy to LRF, making LRF the owner and irrevocable beneficiary of the policy.

Benefits include:

  • You make a gift using an asset that you and your family no longer need.
  • You receive an immediate income tax deduction for the (approximate) cash surrender value of the policy.
  • You have the satisfaction of making a significant gift to LRF without affecting your cash flow.

If you have any questions about gifting a life insurance policy, or to learn more about the different ways you can support the Lymphoma Research Foundation through gift planning, please contact our Development Team, at development@lymphoma.org. All inquiries are confidential.

RETIREMENT PLANS

With careful planning you can help avoid unnecessary estate taxes that would otherwise be incurred by your heirs. By naming the Lymphoma Research Foundation as survivor Beneficiary on your qualified retirement plan, the gift becomes completely exempt from estate tax, income tax and generation-skipping transfer tax.

Please notify LRF if you have added LRF as a beneficiary or contingent beneficiary to your retirement plan, as notification is not automatic.

If you have any questions about gifting your retirement policy, or to learn more about the different ways you can support the Lymphoma Research Foundation through gift planning, please contact our Development Team, at development@lymphoma.org. All inquiries are confidential.

THE DENISE AND LARRY MASON SOCIETY

The Denise and Larry Mason Society is a great way to make a lasting impact on Lymphoma Research Foundation (LRF) and the lymphoma community. The Denise and Larry Mason Society allows those who have made plans for LRF through trust, estate, or other future gifts to be recognized by the Foundation for their generosity and inspire others to continue the important work of the Foundation.

Benefits include:

  • Invitation to special LRF events
  • Denise and Larry Mason Society certificate
  • Listing in the annual report (with your permission)

Learn more about Denise and Larry Mason’s legacy. If you have any questions about ways you can support the Lymphoma Research Foundation through estate planning, please contact our Development Team, at development@lymphoma.org. All inquiries are confidential.

For more information about how planned gifts can benefit you, your family and the Lymphoma Research Foundation, please explore these pages or contact our Development Team, at development@lymphoma.org. All inquiries are confidential.

This information is not intended to represent legal or tax advice, or to substitute for such advice.  We recommend that you consult your professional advisors when considering your charitable gift planning options.