Types of Planned Giving
Below is a summary of some planned giving options. These are not offered as professional tax or legal advice and may not apply in all cases. Please consult a tax advisor or legal counsel about your specific situation.
A bequest through a will is the most common type of planned gift, and does not draw on assets during a donor’s lifetime. Bequests can be estate distributions of cash, securities, real estate, or personal property. Types of bequests include a percentage bequest, a fixed-dollar bequest, a residual bequest, and a contingent bequest. Important estate tax savings can result from a bequest.
Charitable Remainder Trusts (CRTs)
CRTs allow a donor to make a gift to The Vannie E. Cook Jr. Cancer Foundation while at the same time achieving several other financial objectives. When you create a CRT, you irrevocably transfer money, securities, real estate, or other assets to a trust that will then pay you an income for life or for a period of years. If you wish, the trust can also pay an income to another beneficiary. At the death of the surviving beneficiary, the remaining principal in the trust goes to the Foundation. Several types of CRTs allow the donor to tailor their gifts to best serve their own needs.
Many donors choose to give life insurance policies to the Foundation either as an immediate gift or as a provision upon their passing. This can be an easy way to make a gift to the Foundation without revising your will and can have advantageous estate tax consequences.
Donors who consider giving life insurance policies do so because they have no heirs or because they already have made provisions for beneficiaries through other financial vehicles.
Become a Member
Joining the Society is easy! Simply communicate your intention by completing and signing the attached Letter of Intent.
As a member, the Vannie E. Cook Jr. Cancer Foundation will provide you the following:
- A welcome letter and a gold childhood cancer awareness lapel pin
- Inclusion of your name on the Society Recognition Wall in the Vannie Cook Clinic
- Invitation to the annual Saving Our Children Society Reception
- Invitations to all Vannie Cook Cancer Foundation and Clinic events.
- Recognition in Foundation and Clinic mailings and newsletters
- Recognition on the Foundation Website
For more information you may contact Laura Martinez Ilgun, Executive Director, to discuss your specific estate planning needs and opportunities. It is advised that you consult with your legal and financial advisors when making a planned gift.
The following individuals have made provisions to provide a “Legacy of Hope and Support” through a Planned Gift:
Mrs. Ana C. Bergh
Mr. Mark Browning
Mr. and Mrs. R.T. Dixon
Mr. and Mrs. Larry Fallek
Mr. Kevin Graham
Mr. and Mrs. Glen E. Roney
Mrs. Maria Elena Useda
Dr. Ken Landrum
Mrs. Sarah Hinojosa
Bob and Sheri Morehead
The following individuals are our 2016 Saving Our Children Society Committee members:
Mark Browning, Committee Chair
It brings me incredible joy knowing that I will leave a LEGACY OF HOPE and support by providing for the future of the Foundation through a bequest under my will.