Other Ways to Give
With your legacy gift to the Cystic Fibrosis Foundation, you can make a longer life possible for everyone with cystic fibrosis. There are several ways to help add tomorrows and support the mission of Cystic Fibrosis Foundation.
Make an Immediate Gift through Your IRA
The Protecting Americans from Tax Hikes Act of 2015 has permanently extended the IRA Charitable Rollover. Now supporters, like you, can have an instant impact on the lives of those affected by CF and may see a tax break with your gift of an IRA Rollover.
Since it was first made available in tax year 2006, many Cystic Fibrosis Foundation donors age 70½ or older have used this popular option to make tax-wise gifts ranging from $100 to $100,000 every tax year. Beginning January of 2020, if you are 72 or older, a qualifying rollover gift can count toward satisfying your Required Minimum Distribution* (RMD).
If you are 70½ or older, you may give up to $100,000 using funds from your traditional or Roth IRA to support the mission of the Cystic Fibrosis Foundation. Not only do you help add tomorrows to the lives of those affected by CF, but you also can avoid paying tax on your gift and beginning at age 72, all or part, of your RMD.
Whether or not you choose to make a charitable IRA rollover gift, you can still designate the Cystic Fibrosis Foundation as a beneficiary to receive IRA assets after your lifetime. The lifetime charitable IRA rollover is simply another option for donors who would like to see their philanthropy at work now.
To make an immediate gift from your IRA, simply use this sample letter as a guide to instruct your plan administrator to make a direct transfer from your traditional IRA or Roth IRA to:
4550 Montgomery Ave
Suite 1100 N
Bethesda, MD 20814
PLEASE CONTACT: Patrick J. Feeley at firstname.lastname@example.org or 301-841-2662 to let us know about your gift so we can express our gratitude for your commitment to improving the lives of those affected by cystic fibrosis.
* Congress has waived the annual Required Minimum Distribution from IRA Accounts in the year 2020 as part of the CARES Act in response to COVID-19. Please consider seeking advice from your financial advisor or tax professional to understand how recent changes to laws governing retirement plans may impact you and your charitable gift.
Turn Your Home into a Legacy Gift
Your home has probably given you great memories, and gifting it to the Cystic Fibrosis Foundation provides a wonderful legacy donation in return.
The easiest, most common way to make a gift of your home to the Cystic Fibrosis Foundation is through your will.
Please consult your estate planning attorney and the Cystic Fibrosis Foundation to determine the property gift that’s right for you.
Donate Life Insurance, Certificate of Deposits, Brokerage or Other Financial Accounts
In addition to retirement plans, you can leave a gift from your bank account, brokerage account or life insurance policy to the Cystic Fibrosis Foundation. The process is simple; you only need to submit an updated Designation of Beneficiary Form.
A Gift Through Your Donor-Advised Fund
Some of our donors have established a donor-advised charitable fund (Fidelity Charitable ®, Vanguard Charitable ®, Schwab Charitable ® or other) and have a strong desire to support the Cystic Fibrosis Foundation through an annual gift and a legacy gift.
You can direct that your donor-advised charitable fund be distributed, in full, to the Cystic Fibrosis Foundation after your lifetime. Or, you can name specific charities and choose a dollar or percentage amount to be distributed over a certain time, or until the account balance becomes zero.
Gifts of Cash
A donation of cash is a simple and effective way to create your legacy with the Cystic Fibrosis Foundation. You benefit from a charitable tax deduction, while you support the fight against cystic fibrosis today, with a one-time donation.
You can make your gift online with our secure online donation form, or by sending a check or money order by mail.
Please contact Patrick J. Feeley, Chief Development Officer, Cystic Fibrosis Foundation, at email@example.com or 301-841-2662 if you have any questions.