Making a gift to Cancer Support Community Arizona through your will or revocable living trust is a simple and meaningful way to leave a legacy and support individuals facing cancer for years to come. 

There are several ways you can make a gift through your will or trust. You can leave a specific item, such as a piece of property or you can specify a dollar amount that you would like to donate to Cancer Support Community Arizona.  Lastly, you can leave a residuary gift, which means your gift will be honored after all other bequests have been made and debts, expenses and taxes have been paid.

If you have an IRA, 401k, pension or other tax-deferred savings plan, you can designate Cancer Support Community Arizona as a beneficiary and upon your death, the distribution will be made to Cancer Support Community and the gift won’t be subject to estate tax. Simply complete a beneficiary designation form provided by your plan administration designating Cancer Support Community Arizona as a beneficiary of the funds remaining in your plan.

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Cancer Support Community Arizona. The benefit to you is that you avoid void paying capital gains tax on the sale and you can receive a charitable income tax deduction. Simply contact your brokerage or investment firm to arrange a transfer.

You can donate real estate to Cancer Support Community Arizona and avoid paying capital gains tax on the sale of the real estate. Your gift will be based on the property’s fair market value, which must be established by an independent appraisal.

You can name Cancer Support Community Arizona as a primary beneficiary or as a contingent beneficiary of your life insurance should your other beneficiaries not survive you. After your lifetime, the funds are disbursed to Cancer Support Community Arizona, free of federal estate tax.  Simply contact your insurance carrier to update your beneficiary designation on your policy.

If you are over the age of 72, you can make a gift of up to $100,000 through your mandatory IRA distribution and it won’t count as taxable income. You may be required to withdraw more funds than you need to cover your living expenses and you can make a gift to Cancer Support Community Arizona directly from your IRA. Please note that this gift must come directly from your IRA administrator and cannot be made in the form of a personal check made out to Cancer Support Community Arizona.

An endowment fund gift is an excellent way to help provide a stable source of revenue for Cancer Support Community Arizona. The endowment fund is a professionally managed investment account where the principal is never spent.  As investment returns are generated, a pre-determined portion is reinvested into the fund and another portion is paid out to Cancer Support Community Arizona to help cover program operating costs.