Legacy Giving: Gift and Estate Planning

Ways to Give

A Gift in Your Will or Living Trust | Gifts by Beneficiary Designation | Charitable Gift Annuities | Charitable Remainder Trusts

The People-to-People Health Foundation

Federal Tax ID #53-0242962

Why Include a Gift to Project HOPE in Your Estate Plan

Climate change, war, pandemics, and natural disasters have no borders: they have or will impact everyone.

During emergencies, the quality of healthcare providers, the speed of response, and the resilience of healthcare infrastructure have the most impact on number of lives lost—or saved.

Project HOPE acts fast to respond to acute emergencies while ensuring systems are strengthened in anticipation of future needs.

When the quality and training of healthcare providers and other emergency responders is critical and timing is of the essence, a gift in your will ensures that they have the support they need to save lives.

A gift in your will or living trust, or through a beneficiary designation:

• • • Requires no immediate donation, and you can change your mind at any time and for any reason.
    • You can name Project HOPE as a secondary or contingent beneficiary, so we only get your gift if you outlive your other primary beneficiaries.
    • Is welcome in any amount.
    • Provides critical support in communities close to home and around the world

Our gift planning staff is ready to answer your questions and assist you in any way.

The Legacy of HOPE Society

With a gift in your will or other estate plan, you become a member of the Legacy of HOPE society. Through their gifts, this special group of givers demonstrate their commitment to provide people around the globe with HOPE for the future.

If you include a gift to Project HOPE in your will or other estate plan, we hope you will let us know. Sharing your future wishes doesn’t imply any obligation—we will never ask for details you don’t want to share, and we believe strongly that you should always be free to change your mind. Our gratitude for your consideration will always remain.

Ways to Give

A Gift in Your Will or Living Trust

There are several ways to include a gift to Project HOP in your will or living trust. Your attorney can help you determine the best way to make your gift. Some options:

• • • You can leave a small percentage of your estate – even 1% can make a real difference!
    • You can leave a defined sum to Project HOPE or a specific asset.
    • You can leave a percentage of funds left over after other gifts and debts are paid and your loved ones are provided for.
    • You can make a secondary or contingent gift that comes to Project HOPE only if your other beneficiaries do not survive you or other specific gifts cannot be fulfilled.

Gifts by Beneficiary Designation

You can name Project HOPE as a partial or total beneficiary of your:

• • • retirement accounts
    • life insurance plan
    • Donor-Advised Fund (DAF), and
    • other financial accounts, including your bank and brokerage accounts.

As with gifts in your will, you can designate all or a percentage of the funds in your account, and you can name Project HOPE as a primary beneficiary or a second-in-line beneficiary. And, of course, you can change your mind at any time.

Simple steps to make a gift by beneficiary designation:

• • • Contact your retirement plan administrator, insurance company, bank, or financial institution for a change-of-beneficiary form. You may be able to request or download your form from your online account portal.
    • Be sure to include our legal designation:

The People-to-People Health Foundation

Federal Tax ID #53-0242962

• • • Please let us know. Some financial institutions will not notify us after your lifetime that we are a beneficiary; sharing your wishes now helps ensure your gift will be distributed as you wish. We will always keep your information confidential, and you can update your plans at any time.

Charitable Gift Annuities

A charitable gift annuity provides fixed payments for life in exchange for a gift of cash or securities to Project HOPE. Gift annuities are easy to set up and the payments you receive are backed by the general resources of Project HOPE. Rates recently increased and now go up to 9.7%.

To establish a charitable gift annuity:

• • • Donate cash or securities worth $10,000 or more to Project HOPE.
    • Your payment rate is based on your age, and will never change, no matter how long you live or how the market fluctuates.
    • Make your gift by December 31 and you may be able to reduce your current year tax burden. If you fund your gift with appreciated securities, you will avoid a significant amount of capital gains taxes.
    • You must be age 65 or older to receive payments.

Under the Secure 2.0 Act, you may be able to make a qualified charitable distribution (QCD) from your IRA to fund a charitable gift annuity. Please contact us to determine if you qualify and if this gift is right for you.

This information is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.

Charitable Remainder Trusts

A charitable remainder trust (CRT) can provide you and/or other beneficiaries with income for life or for a fixed number of years. Many people prefer to use real estate to fund a CRT, but you can also donate cash or appreciated securities.

For your donation, you receive an immediate income tax deduction for a portion of your contribution to the unitrust and savings on capital gains taxes, too. You will also have the satisfaction of making a significant gift that benefits you now and Project HOPE later. With this type of gift, you may be able to:

• • • Avoid paying capital gains on sales of appreciated stock and real estate
    • Give up the stress of being a landlord, while retaining a lifetime income stream
    • Receive a significant charitable income tax deduction
    • Remove assets from your taxable estate

Other Ways to Give

There are a number of tax-smart opportunities available to you. These include qualified charitable distributions from your retirement plans, gifts from your donor-advised fund, gifts of appreciated securities and more.

Visit Ways to Give to explore more ways to give >>

At Your Service

If you have any questions about how to make a gift in your will or trust or by beneficiary designation, or would like information about charitable gift annuities or other ways to support Project HOPE, please be in touch.

Our gift planning staff is ready to answer your questions and assist you in any way.