Planned Giving

Planned Gifts

You can provide for Susan G. Komen for the Cure® in a variety of ways, including through your estate. Planned or deferred gifts enable Komen for the Cure to plan for the future because they will be realized at some later date. You can make a planned gift by naming Komen as a beneficiary in your Will or by naming Komen as owner and beneficiary of a paid-up life insurance policy. A gift of life insurance entitles you to a tax deduction equal to your cost basis in the policy or its replacement cost, whichever is less.

You can make a planned gift to Komen for the Cure and receive an income for life through the establishment of a charitable trust that names Komen as a beneficiary. Your attorney can advise you of the various types of charitable trusts and the estate tax benefits of each, and assist you in setting up a planned gift that is tailored to your personal needs. You may also want to talk with your attorney or financial advisor about the tax benefits of naming Komen as a beneficiary of your retirement plan.

Bequests       

One of the easiest ways to make a gift to Susan G. Komen for the Cure is by leaving Komen a bequest in your Will. There are several ways you can do this. You can (1) give a specific amount of money to Komen; (2) give a specific item of property to Komen; or (3) give a specified percentage of the residue of your estate to Komen (the residue of your estate is that which is left over after all specific gifts have been made, whether charitable or non-charitable). Since we cannot predict future medical advances or the need of our community, we recommend that your bequest be for unrestricted purposes.

The following simple language can be used to make your gift:
"I give and devise to the Los Angeles County Affiliate of Susan G. Komen for the Cure, , or its successor, the sum of _________ Dollars ($_________) to be used for such charitable purposes as the governing body of Los Angeles County Affiliate of Susan G. Komen for the Cure, deems appropriate; provided, however, that at the time of such gift, the Los Angeles County Affiliate of Susan G. Komen for the Cure or its successor, must be a charity as described in Sections 170(c) and 2055(a) of the Internal Revenue Code."

OR

"I give and devise ________ percent (________%) of my residuary estate to the Los Angeles County Affiliate of Susan G. Komen for the Cure, or its successor, to be used for such charitable purposes as the governing body of the Los Angeles County Affiliate of Susan G. Komen for the Cure deems appropriate; provided, however, that at the time of such gift, the Los Angeles County Affiliate of Susan G. Komen for the Cure, or its successor, must be a charity as described in Sections 170(c) and 2055(a) of the Internal Revenue Code."

A bequest may be included in the body of a will or as an amendment (codicil). Gifts made through a bequest typically provide an estate tax deduction. Please consult your attorney and/or financial advisor for specific information.

For information, please contact

Janey K Campbell
Director of Development
310-575-3011
jkcampbell@komenlacounty.org