Ways to Give

Gift to Endowment

There are many gift options that can benefit TBCF immediately and provide you the opportunity to contribute to the building of an endowment to support programs and services for future generations.

 

Gifts of Cash, Stocks or Mutual Funds

· Gifts benefits TBCF and is recognized immediately

· Contributes to building the TBCF Endowment Fund

· Simple to make

· Charitable income tax deduction

· Avoidance of capital gains on appreciation

 

IRA Rollover Gift

· Direct transfer from your IRA to TBCF, if 70 ½ years old

· Can gift up to $100,000 per year from IRA

· Can be used to satisfy your required minimum distribution

· May be excluded from gross income for tax purposes

 

Gifts of Real Estate

· Outright gift of all or a portion of property

· Avoidance of capital gains on sale

· Eliminate inconvenience of marketing and selling property yourself

· Charitable income tax deduction

 

Charitable Lead Trust

· Income to TBCF for a designated period of time

· Trust principle then reverts to you or other beneficiaries

· Reduces cost of transferring assets to your family or

other beneficiary

 

Planned Gifts for the Future

Through careful estate planning, you can also provide for gifts that will benefit TBCF in the future. These planned gifts offer creative and flexible strategies for you to pursue your charitable and family financial goals. Among the benefits, you may receive substantial tax savings and possible lifetime income for yourself and/or spouse. However, the greatest benefit of a planned gift will be in knowing that you are supporting TBCF’s work that is important to you and your community.

 

Bequest

· Created in will or living trust

· Unlimited charitable estate tax deduction

· Continued use of assets during your lifetime

· Flexibility to change amount of bequest at any time

· Minimum amount: None

Retirement Plans and Insurance

· TBCF is named as full or partial beneficiary of your

IRA, 401(k), 403(b), or life insurance policy

· Avoids significant tax burden to heirs

· Possible federal estate tax savings

· Flexibility to change benefit amount at any time

· Minimum amount: None

 

Real Estate—Retained Life Interest

· Receive current tax deduction

· Estate tax savings

· Continued use of property for life

· Avoid probate on real estate

· Eliminate burden on executor to market and sell

your property

Charitable Remainder Trust

· Receive payments for life or term of years

· Income tax deduction

· Avoid immediate capital gains tax on appreciation

· Diversify your investment portfolio

· Possible federal estate tax savings

· Minimum gift: (non-real estate $100,000)

· Minimum gift: (real estate $150,000)

 

Important note: Legacy gifts like those mentioned above are called “planned giving,” because they require careful financial planning for yourself and your family on how you wish to distribute your assets after you are gone. Be sure to consult with your attorney, tax accountant or financial advisor before deciding on the best gift strategy for your individual and family circumstances.

Mission Statement: Teddy Bear Cancer Foundation advocates for families living in Santa Barbara, Ventura, and San Luis Obispo counties that have a child with cancer by providing financial, educational, and emotional support.

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Teddy Bear Cancer Foundation

3892 State St., Ste. 220 | Santa Barbara, CA 93105

805.962.7466

Monday - Thursday 8:30AM - 5:30PM

Friday 8:30AM - 1:00PM

© 2020  by Teddy Bear Cancer Foundation