Legacy Society

• A significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. A bequest is generally a revocable gift, which means it can be changed or modified at any time.
• You can choose to designate a bequest to be used for a general or specific purpose so you have peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes.
• If you have a taxable estate, the charitable tax deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your beneficiaries. Please consult with your financial advisor about your financial situation and potential tax benefits.

There are several ways you can make a bequest to us. For sample language and more information, see the contact information below.

If your life insurance policy is no longer needed, or will no longer benefit your chosen beneficiary, consider making a gift and help further Pink Lemonade Project’s mission. For example, you may have purchased a policy to provide for your children, and they are now financially independent adults.

• You can give a paid-up policy to Pink Lemonade Project, or even a policy on which you are still paying premiums. There are two simple ways to set up a gift of life insurance.
• You can irrevocably designate Pink Lemonade Project as the owner and beneficiary of your life insurance policy, and you may be entitled to a generous charitable income tax deduction.
• You can name Pink Lemonade Project as an irrevocable beneficiary of your life insurance policy but retain ownership of the policy itself. You can call or write to your insurance company to request a form to make this change of beneficiary.

Charitable remainder trusts allow you to irrevocably transfer assets, and you and/or your beneficiaries receive payments from the trust for life, or another time period of your choice. The remainder of the trust then goes to Pink Lemonade Project, the mission delivery of Pink Lemonade Project.

• A Charitable Remainder Annuity Trust (CRAT) pays a fixed dollar amount to income beneficiaries for life or a term of years, regardless of market conditions. The CRAT cannot accept additional gifts after it has been established.
• A Charitable Remainder Unitrust (CRUT) pays the income beneficiaries a fixed percentage rate for life or a term of years. The annual income amount is based on the current value of the trust’s assets, so the payout will increase or decrease based on changes in the trust’s value.

Most people do not use all their retirement assets during their lifetime, and those unused assets can be used to make a gift to Pink Lemonade Project. A retirement plan can be a tax-efficient and simple way to include Pink Lemonade Project in your estate plan. Because charities do not pay income taxes on the donations they receive, distributions to charities will avoid being taxed as income.

Types of retirement plans that can be given to charity include individual retirement accounts (IRAs), 401(k), 403(b), and pension plans.

Estate and income taxes can consume a large portion of the money remaining in tax-deferred accounts such as IRAs and other qualified retirement plans. Giving your retirement plan to Pink Lemonade Project may result in a significant reduction of tax burden for your heirs.

Include a gift to Pink Lemonade Project in your will or trust.

Transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to Pink Lemonade Project. Please inform us so we can promptly process your gift.

Mark Krsul – Edward Jones
Pink Lemonade Project Account 9302630414
DCT 0057
(360) 887-5384

Name Pink Lemonade Project as a beneficiary of your donor-advised fund (DAF).

The Qualified Charitable Distribution is an excellent way to show your support for Pink Lemonade Project and receive tax benefits in return.

You can make a gift now that will not affect your day-to-day cash flow during your lifetime.

Pink Lemonade Project works directly with Planned Giving experts to execute your goals!

Contact Ann Berryman, Chief Strategy Officer, ann@pinklemonadeproject.org or (503) 799-4930