senior woman talking with her daughter about charity beneficiaries

Did you know there are ways to support the Epilepsy Foundation that do not affect your current lifestyle or your family's security? You can support the Epilepsy Foundation with gifts that do not impact the way you live either by designating the Epilepsy Foundation to receive estate assets in the future by way of will donation or by making immediate gifts to us of assets that are "out of sight and out of mind." Most of these gifts are gifts that cost nothing during your lifetime.

Learn how you can make the Epilepsy Foundation your charity beneficiary.

Bequests, Wills, and Living Trusts

Estate planning is a way that an individual can make a planned gift by way of bequests through wills and living trusts. By making a bequest to the Epilepsy Foundation, you can ensure future funding for critical epilepsy programs and resources. Bequests are flexible and may be for a specific dollar amount, a percentage of your assets, specific assets, or what is left after making certain other dispositions of your assets.

Connect with your financial planner, tax advisor, and accountant to start your estate planning process. Provide them with the following sample language to update your will or living trust.

Sample, Non-Binding Bequest Language

I give to the Epilepsy Foundation of America, located in Bowie, MD federal tax identification number 52-0856660, ________% of my total estate (or $_____).

accountant ready to help with charity beneficiaries and retirement plans
 

A charity beneficiary designation allows you to make a substantial gift—one that is often larger than what you could contribute during your lifetime. You may designate the Epilepsy Foundation as the primary or contingent beneficiary at your death of all or part of your:

  • Retirement plans such as an IRA, 401(k), or 403(b)
    • Ask your retirement plan administrator to assist with naming Epilepsy Foundation as sole or partial beneficiary
  • Life insurance policy
  • Other accounts
house that can be donated real estate to charity
 

Donating real estate is a great way to help the Epilepsy Foundation. If you own property and would like to make a charitable gift, please contact us today. Someone who donates real estate that has been held for more than one year is generally entitled to an income tax deduction equal to the full, fair market value of the donated property.

man and woman carrying boxes to donate personal property to charity
 

Donate personal property that will help the Epilepsy Foundation to continue and expand our mission while providing significant tax benefits to you. Donating property is different than donating real estate in that the property could be anything you own (for example your car, your books, your furniture, and your appliances).

IRA Charitable Rollover and Qualified Charitable Distributions

individual retirement account money
 

If you meet the minimum age for a required minimum distribution, you may direct up to $100,000 total tax-free per year from your IRA to the Epilepsy Foundation, avoiding income subject to taxation.

man and woman sitting together in retirement
 

An endowment gift is a donation that is given with the intent to preserve the original value of the gift, and to grow it over time. The funds are held in perpetuity and invested, and the accumulated appreciation and income on the investment is used to fund an annual distribution. The annual distribution is spent according to the donor’s wishes.

Through this dedicated stream of income, an endowment gift ensures the stability of a resource or program at the Epilepsy Foundation. Donors are encouraged to work with the Epilepsy Foundation to design the most meaningful gift to meet their goals.

graph of stocks
 

Donating a charitable gift of stock or mutual fund shares is a great way to improve the lives of a loved one with epilepsy and receive an end-of-the-year tax break. Stock or mutual fund donations are particularly attractive if they have increased in value since the beginning of this calendar year—you will receive a charitable deduction for the value of the donated shares, and you will not have to pay any capital gains tax on the increased value of the donated shares.

Donor Advised Funds

keyboard showing donor advised funds button
 

A donor advised fund is a charitable giving vehicle that allows you to combine the most favorable tax benefits with the flexibility to support your favorite charities, like the Epilepsy Foundation. You can recommend a grant or recurring grants now or use your fund as a tool for future charitable gifts.

 

Want to Connect Further?

Contact Us: Jeanette Stoltzfus at (301) 918-3753 or giving@efa.org

For all planned gifts, consult your legal and/or financial advisor as you consider your options.

Let us know if the Epilepsy Foundation is in your plans!

Legal Name: Epilepsy Foundation of America

Tax ID Number: 52-0856660