Gift Planning

Planned Gifts

Gift planning is a way to benefit Hope Street Kids while providing tax benefits and income for you. There are a wide variety of gift vehicles to consider, ranging from a bequest in your Will to various types of charitable trusts. Because gift planning involves your assets, philanthropic goals and family needs, we strongly suggest you consult your attorney or financial planner before entering into any planned gift.

Ways to Ensure Your Legacy:

• Cash (Donation Form)
• Bequest
• Charitable Trust (Provides income for you and benefits HSK or provides income to HSK and passes tax savings to you)
• Heirs
• Individual Retirement Accounts and Plans
• Real Estate
• Tangible Property
• Appreciated Securities
• Life Insurance

Become a "Be an Angel of Hope" and leave a legacy to Hope Street Kids.

If you are interested in receiving more information about gift planning, please contact Cynthia M. Duncan at (703) 519-2107 or 1-800-227-2732 toll-free) or fill out our Request Information form.

For helpful tips on estate planning check out SmartMoney.com.

Be an Angel of Hope

HSK Angels of Hope are friends of Hope Street Kids who have named HSK as a beneficiary in their Wills, named an HSK grant, or supported us through one of our gift-planning instruments. Angels of Hope are listed in the annual report newsletter, and are defined as having:

• Made a bequest through a Will to Hope Street Kids.
• Named HSK as beneficiary of a life insurance policy, retirement plan assets, savings account or other assets
• Established a trust that pays the donor an income, while benefiting HSK
• Established a trust that provides income to HSK and then benefits your heirs
• Made a gift of a residence, vacation property or farm while retaining the right to live there

Bequests

Bequests are gifts made through a Will or codicil-a simple amendment to a Will. They allow you to make a statement of support for HSK now, while insuring that our pediatric cancer research and education programs continue in the future. Every dollar given through a bequest is fully deductible for federal estate tax purposes.

You may leave a specific asset, a specific sum of money, a percentage of your estate or the remainder of your estate after you have provided for other beneficiaries. You may designate a special use for your bequest or leave it unrestricted.

To make a bequest to Hope Street Kids, we recommend you consult your attorney or financial planner, and use one of the following language examples:

I give and bequeath [___________] percent of the residue of my estate to Hope Street Kids D/B/A of the Prevent Cancer Foundation, located at 1600 Duke Street in Alexandria, Virginia (Incorporated in the Commonwealth of Virginia, December 3, 1985. Federal Tax Identification number is 52-1429544)

Or

I give and bequeath the residue of my estate to Hope Street Kids D/B/A of the Prevent Cancer Foundation, located at 1600 Duke Street in Alexandria, Virginia (Incorporated in the Commonwealth of Virginia, December 3, 1985. Federal Tax Identification number is 52-1429544)

Or

I give and bequeath the sum of [___________] dollars to Hope Street Kids D/B/A of the Prevent Cancer Foundation, located at 1600 Duke Street in Alexandria, Virginia (Incorporated in the Commonwealth of Virginia, December 3, 1985. Federal Tax Identification number is 52-1429544)

If your bequest is to be real estate, please add the following to our suggested language:

I hereby instruct my [executor/executrix/personal representative] to sell my real estate located at [address/city/state], and to give the net sales proceeds to Hope Street Kids D/B/A of the Prevent Cancer Foundation.

f you intend to further restrict your bequest to more specific programs or uses, please discuss your plans with our staff so that your wishes may be carried out.

Tangible Property

Donate tangible property, such as art or jewelry, and get an income tax charitable deduction based on its value or cost, depending on how it furthers the mission of HSK.

Appreciated Securities

Give appreciated securities, mutual fund shares or bonds to HSK and avoid the capital gains tax on their sale. You may either have your broker transfer shares to us, or you may send them yourself. Call HSK for instructions, and let us know the stock is on its way, so that we accurately acknowledge and allocate your gift.

Gifts That Provide Income for You and HSK, with Excellent Tax Savings

Charitable Remainder Trust

Use cash, stocks or bonds, real estate or life insurance to establish a charitable remainder trust. The trust is established for the life of the individual(s) or for a term of years, after which the principal goes to support HSK. It provides:

• Income for life for you or the beneficiaries you select
• Immediate income tax charitable deduction
• Elimination of capital gains tax on appreciated property
• Elimination or reduction of estate tax

Charitable Lead Trust
Use cash, stocks or bonds, real estate or life insurance to establish a charitable lead trust. Annual income is paid to HSK and the appreciated assets in the trust are transferred to your heirs or beneficiaries at the end of the trust's term. It provides:

• Annual income for Hope Street Kids
• Appreciated property that can be passed to designated heirs or beneficiaries
• Elimination of additional gift tax on property's appreciation passing to heirs
• Elimination or reduction of estate tax