Gail Lindsey Legacy Society
Planned Giving Program
Gail Lindsey was a long-time, dedicated volunteer who devoted her time and energy to Alzheimer’s Los Angeles. She included Alzheimer’s LA in her estate plans, and her legacy lives on for generations to come. We named our legacy society in her memory to honor her commitment to our mission and serve as an inspiration to others. Anyone who designates a planned gift to Alzheimer's Los Angeles becomes a member of the Gail Lindsey Legacy Society.
A planned gift to Alzheimer’s Los Angeles provides funding to support critically needed services for families facing Alzheimer’s or another dementia. Many planned gifts do not require an outright cash gift and may offer tax savings to you and your beneficiaries.
Whether you would like to put your donation to work today or benefit us after your lifetime, your gift creates a legacy that reflects your values, may provide for your family, and supports Alzheimer’s Los Angeles.
For more information, please contact Steven Klappholz, Chief Philanthropy Officer at (323) 930-6208 or at sklappholz@alzla.org or complete our contact form.
Bequests
A bequest is money or property which you legally leave to Alzheimer’s Los Angeles in your will or trust. Bequests are a popular planned giving choice because they offer donors the flexibility to use funds during their lifetime and to change the terms, if necessary.
Retirement Plans
By designating Alzheimer’s Los Angeles as the beneficiary of all or part of your IRA (using a beneficiary designation form provided by your advisor), the full value of the gift is transferred tax-free at your death and your estate receives an estate tax charitable deduction.
Qualified Charitable Distributions
A qualified charitable distribution (QCD) is a direct transfer of funds from your IRA payable to Alzheimer’s Los Angeles. QCDs can be counted toward satisfying your required minimum distribution for the year if you are 70 ½ or older. The distribution must be made directly from the IRA to Alzheimer’s Los Angeles. QCDs are excluded from taxable income, unlike regular withdrawals made from a traditional IRA.
Donor Advised Fund
Donor Advised Fund Cash (or other assets) is transferred to a tax-exempt sponsoring organization, such as a public foundation. The donor then recommends how much and how often money is granted to Alzheimer’s Los Angeles, while avoiding the cost and complexities of managing a private foundation. When you contribute to the account, you qualify for a federal income tax charitable deduction.
Life Insurance
Life Insurance can be the direct funding medium for a gift to Alzheimer’s Los Angeles for a relatively modest annual outlay (i.e., the premium payment). The most tax-effective way to donate life insurance is to transfer the policy, so Alzheimer’s Los Angeles becomes the owner and beneficiary. Upon doing so, you are entitled to an immediate charitable deduction for income-tax purposes. If you continue to pay premiums, each payment is also a deductible charitable donation.
Gifts of Stock
A gift of stock to Alzheimer’s Los Angeles can provide you with tax savings. Generally, you will receive a tax deduction based on the full market value of the securities the day the gift is received. This may enable you to avoid capital gains taxes that you would have to pay on the appreciated value of the stock if you were to sell it on your own.
PLANNED GIVING
Gail Lindsey Legacy Society
Membership Benefits:
- A certificate of membership.
- Acknowledgement and recognition of your generosity.
- Invitation to the annual Alzheimer’s Los Angeles Gail Lindsey Legacy Society luncheon and other special programs.
- Invitations to educational and informative events highlighting the work of Alzheimer’s Los Angeles and spotlighting the impact of giving in our community.
- Assurance that Alzheimer’s Los Angeles understands your goals and is committed to fulfilling your intentions.
For additional information, please contact Steven Klappholz, Chief Philanthropy Officer, sklappholz@alzla.org or 323.930.6208