Planned gifts allow donors to make a contribution to Prevention First through wills, trusts, insurance policies and stocks. Planned gifts can also allow the donor to maximize their contribution and provide them with specific income and estate tax advantages.

Prevention First may be named as the principle beneficiary of your insurance policy, or your old policy can be transferred to Prevention First. Contact your insurance agent for procedures regarding making this type of gift.

Leave a legacy by making a gift in your will to Prevention First. A bequest is the simplest way to ensure the future of Prevention First’s programs and services. 

A gift annuity allows a donor to transfer cash or securities to Prevention First in exchange for fixed payments during the remainder of the donor’s life. At the death of the donor, the remainder value of the annuity goes to Prevention First to use to further our prevention education programs.

The annuity payment is based on the donor’s age the day the gift is made. The following chart presents a sample of what payout rates may be:

Let’s say that a 75-year-old donor wishes to give $10,000 to Prevention First through a charitable gift annuity. The annuity rate based on her age is 8.0%. The donor receives $860 annually, $454 of which is tax-free. In addition, she may claim a charitable deduction of $4,369 for her gift.

A donor transfers property to a lead trust, which pays a percentage of the value of the trust assets, usually for a term of years, to Prevention First. At the end of the trust term, the remaining assets in the trust and any growth it has realized are passed to the donor’s heirs. Although there is no income tax deduction when you create a charitable lead trust, gift or estate tax is greatly discounted and any growth is passed to the donor’s heir, gift and estate tax free. It is one of the only transfer devices currently used that can discount the value of the original assets and result in little or no taxes. At the same time helping Prevention First keep our children healthy, safe and drug-free.

For information on planned giving opportunities, please contact:
Mary Pat Angelini, 732.663.1800 ext. 215.