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Planned gifts benefit the American Optometric Foundation in the
future and perpetuate long-term funding of optometric research and
education. Planned gifts may be in the form of cash, securities,
property, bequests, charitable gift annuities, and charitable
trusts. A planned gift is also a convenient way to join AOF's
Founders Circle and Presidents Circle. In addition to contributing
to a meaningful cause, planned gifts provide you with a federal
income tax deduction, tax-sheltered income, reduced estate taxes, or
relief from capital gains. Planned gifts can be designated for
general purposes, or restricted for specific intent.
Please do not hesitate to contact AOF if you would like to
explore these planned giving options in greater length. As a service
to our supporters, AOF offers complimentary appointments with an
independent gift-planning consultant. This information is intended
for general purposes only and not as legal, tax, or financial
advice. For this, you should rely on the advice of your personal
advisors. To schedule a phone consultation, please contact Lois Schoenbraun at 1-800-368-6263 or by email at Lois Schoenbraun.
Every student and researcher helped through the American
Optometric Foundation is a tribute to the commitment of the special
donors who support our mission each year.
Options for Gifting
- Outright gifts of appreciated stocks or bonds: Allows
the donor to save taxes twice through the charitable deduction
and the avoidance of capital gain tax.
- Life income gifts: Funded by appreciated stock, bonds
or real estate, the donor can save taxes twice (as above), while
providing dependable income for the lifetime of the donor and/or
others through pooled income funds, remainder trusts or gift
annuities.
- Life insurance policies: With the Charity either as
beneficiary or owner of the policy. This can be a gift with
modest out-of-pocket cost, particularly attractive to younger
donors, and those of any age who have paid-up policies which may
be no longer needed for the original purpose.
- The gift you can live in for the rest of your life:
Gifts of home or farm retaining the right to live in the
property for the donor's lifetime through retained life estate.
- The gift you get back: Gifts of income, with the income
producing asset placed in a charitable lead trust for a fixed
time period, returning later to the donor or heirs.
- The gift with wealth replacement: Gifts paying a life
income to the donor and/or others, adding insurance to replace
the asset value which would have passed to the heirs. The cost
of premiums may be defrayed by tax savings and/or increased
income from the gift plan.
- Gifts through a donor's will: In addition to outright
bequests, a will can provide remainder trusts, gift annuities,
lead trusts and retained life estate plans.
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