| Leave
a Legacy
Legacy
Society
If you
have already provided for the American Red Cross in your
will, please let us know. The information will remain confidential
if you desire, and the Red Cross will have the opportunity
to acknowledge your thoughtfulness.
The
Legacy Society of the American Red Cross recognizes your
remembrance through your will, trust, charitable gift annuity
or other planned gift. Membership in the Legacy Society
makes you an active partner in the work of the American
Red Cross. You will take a lead role in helping the Red
Cross provide relief to victims of disaster and help people
prevent, prepare for and respond to emergencies.
"I
wanted the funds to go ultimately to an American charity
with a long and stable track record. We feel secure knowing
that, after we’re gone, the Red Cross will be here
and will responsibly manage our gift."
—Major
Seymour and Claire Miller
Demonstrating
a Lasting Compassion for the Next Generation
"What
we do for ourselves dies with us. What we do for others
is immortal."—Albert Pike
Visionaries
Committed to Humanity
A
legacy of compassion links the earliest Red Cross visionaries—Henry
Dunant, father of the International Red Cross Movement,
and Clara Barton, founder of the American Red Cross—with
millions of Red Cross supporters who carry on the noble
work of the nation’s largest volunteer humanitarian
service organization.
That
compassion enables Red Cross volunteers to bring urgently
needed services to millions of people. The Red Cross has
kept faith with Americans who need its services and those
whose generosity makes those services possible.
Through
sound fiscal management and the services of more than one
million trained volunteers, the Red Cross derives maximum
benefit from every gift.
The
Red Cross—When Help Can’t Wait
The
Red Cross emblem is a universal symbol for help in time
of crisis. You see it wherever the victims of flood, fire,
earthquake, or war need urgent assistance. In the daily
work of protecting lives, you find the Red Cross conducting
blood drives, teaching children to swim, and offering family
assistance to members of the military. The Red Cross has
been part of your community for generations—because
each generation has looked to the future by supporting the
Red Cross.
You
can show your personal compassion—and set an example
for others—by remembering the Red Cross in your will,
trust, or other planned gift. No gift has more lasting impact
than a bequest or other gift from your estate.
A planned
gift also offers you many potential advantages, including
federal estate tax savings, the elimination of capital gains
taxes, and the opportunity to increase spendable income.
What
is the Legacy Society?
The
Red Cross honors every planned gift donor with membership
in the Legacy Society. As a member, your gift can be recognized
publicly, unless you prefer to give anonymously. The society
also provides information and assistance to donors considering
a planned gift to the Red Cross.
Can
I Give a Memorial Gift?
Any
gift to the Red Cross, including a planned gift, can be
made as a memorial to another individual. Through your bequest
or other estate gift, you perpetuate the cherished memory
of a loved one by enabling the Red Cross to help others.
How
Can I Make a Planned Gift?
Gifts by will may be made directly to a named chapter, as
follows:
"I
give, devise, and bequeath to The American National Red
Cross for the benefit of the ____________Chapter, the
sum of _________(or otherwise describe the gift; often
a percentage of the estate is designated)."
A donor
may elect to make a gift to the national sector of the American
Red Cross, as follows:
"I
give, devise, and bequeath to The American National Red
Cross the sum of ____________dollars (or otherwise describe
the gift)."
In the
absence of donor direction to the contrary, a planned gift
to the national sector will be placed in the Endowment Fund
for permanent investment, with only the income being used
to help finance Red Cross services.
What
Are Other Planned Gift Options?
You may wish to consider other planned gift opportunities,
such as the following:
-
A Charitable Gift Annuity—The Red Cross Second Century
Pooled income Fund and a charitable remainder trust offer
life income to the donor while providing support for the
Red Cross. See our brochures for other planned gifts or
call your chapter.
-
Gifts of Real Estate—When a donor makes an outright,
irrevocable gift of real property to the American Red
Cross, he or she may be eligible for a charitable income
tax deduction equal to the full, fair market value of
the property. A donor who gives this type of gift may
not only save capital gains, but also get a large charitable
deduction.
-
Creative Gifts Through Retirement Plans—A donor
who has accumulated funds in a company pension plan or
IRA beyond his or her needs for a comfortable retirement
may make a gift to the Red Cross from such an account.
This gift, made by will, can lower estate taxes through
the charitable deduction it provides.
What
is the Next Step?
Let
us know your intentions in writing. If you have already
arranged for a bequest or other planned gift, we would like
to honor your support. If you are still considering such
a gift, let us know so we can help you and your advisors
complete your gift in a way that benefits your estate and
makes clear your intention to help the Red Cross. You can
mail a confidential Legacy Society information card or call
this chapter for assistance.
When
you join the Legacy Society, you demonstrate your commitment
to the humanitarian mission of the Red Cross and help ensure
the longevity of the organization.
Honoring
Your Support for the Red Cross
The
Legacy Society recognizes your remembrance of the Red Cross
in your estate plan. All types of planned gifts will be
acknowledged toward membership in the society.
Your
participation in the Legacy Society makes you an active
partner in the work of the American Red Cross. As a society
member, you will learn exactly how your contribution helps
those who need Red Cross services. Also, we would like to
present you with a special token our appreciation that will
formally recognize you as a valued supporter of the Red
Cross and let you demonstrate that support to your community.
We are
happy to answer any questions you may have about Legacy
Society membership and to discuss your overall giving plans.
The
information on this site is not intended as legal, tax or
investment advice. For such advice, please consult an attorney,
tax professional or investment professional.
Copyright
© American Red Cross, All rights reserved.
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