Planned Giving
Create Your Legacy
Planned giving is a meaningful way to create lasting impact by supporting The Actuarial Foundation’s mission beyond your lifetime. By including the Foundation in your estate or financial plans, you can help ensure future generations of students have access to transformative math education programs. These thoughtful gifts often have greater impact than annual giving while offering flexibility and potential tax benefits for donors. Planned giving is an opportunity to align your legacy with a future powered by education and opportunity.
What to Give
Contributing appreciated securities, such as stocks or bonds, is a convenient and tax-efficient way to support The Actuarial Foundation.
- Benefits of gifts of stocks and bonds
- Avoid capital gains taxes on the transfer of appreciated securities.
- Receive a charitable income tax deduction.
- Help advance our mission today.
- How to make a gift of stocks and bonds
- By electronic transfer - Please contact us for instructions on transferring securities from your brokerage or investment account to The Actuarial Foundation.
- By certified mail – If your securities are held in certificate form, you will need to send two envelopes separately. One envelope should include the unsigned stock certificate(s). The second envelope should contain a signed stock power for each certificate, which may be obtained from your broker or bank. Certified mail is recommended.
Donating appreciated real estate, such as a primary residence, vacation home, undeveloped land, farmland, ranch, or commercial property, can be a meaningful way to support our organization.
- Benefits of gifts of real estate
- Avoid capital gains taxes on donated property.
- Receive a charitable income tax deduction based on the value of the gift.
- Create a legacy with The Actuarial Foundation
- How to make a gift of real estate
- Real estate may be gifted by executing a deed that transfers ownership to The Actuarial Foundation. You may donate all or a portion of your property. The value of your gift is generally determined by an independent appraisal establishing fair market value.
Donating part or all your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan is an excellent way to make a gift to our organization.
- Benefits of gifts of retirement assets
- Reduce or eliminate estate taxes on retirement assets.
- Prevent heirs from paying income tax on pre-tax retirement funds.
- Potentially receive estate tax savings through a charitable deduction.
- How to make a gift of retirement assets
- To leave retirement assets to The Actuarial Foundation, complete a beneficiary designation form through your retirement plan administrator. When The Actuarial Foundation is named as beneficiary, the full value of the gift supports our work without being subject to income tax.
A gift of cash is a simple and easy way for you to make a gift.
- Benefits of gifts of cash
- Provide immediate support for our programs.
- Qualify for a charitable income tax deduction.
- How to make a gift of cash
- Online gifts - Visit here to complete our secure online donation form.
- Mailing a gift - Checks or money orders may be mailed directly to us. If you wish your gift to support a specific purpose, please note this in the memo line or include a letter with your donation
Donating a life insurance policy can be an effective way to support charity, particularly if the policy is no longer needed for its original purpose.
- Benefits of gifts of life insurance
- Receive a charitable income tax deduction
- Potential additional deductions if you make annual gifts to cover premiums.
- See your gift directly support our charitable work.
- If The Actuarial Foundation retains the policy until maturity or is named as beneficiary, the policy proceeds will be used to further our mission.
- How to make a gift of life insurance
- To donate life insurance, contact your insurance provider to request a beneficiary designation form and name The Actuarial Foundation as beneficiary.
A gift of mineral interests, including oil, gas, precious metals, or similar assets, can provide a unique opportunity to support our work.
- Benefits of gifts of mineral interests
- Charitable income tax deduction.
- Avoid income tax on royalty payments.
- Potential lifetime income.
- How gifts of mineral interests work
- Gift of land or mineral rights – Donating all or part of land with mineral rights may provide immediate tax benefits while supporting our mission.
- Gift of royalties – Assigning royalty income can reduce taxable income while achieving charitable goals.
- Charitable life estate – You may donate property while retaining lifetime use, receiving a charitable deduction.
- Charitable remainder trust – A charitable remainder unitrust can provide income while ensuring long-term support for The Actuarial Foundation.
Business owners may choose to support The Actuarial Foundation by donating corporate stock or business assets as part of their charitable planning.
- Benefits of gifts of business interests
- Charitable income tax deduction.
- Avoid capital gains tax on the sale of business assets.
- Potential income through planned gift arrangements.
- How gifts of closely held stock work
- You may donate voting or non-voting shares outright or through a donor-advised fund. Shares may be held for future sale or redemption, with dividends supporting charitable purposes.
- Special considerations apply to S corporations. Please contact us to discuss appropriate options.
I am blessed to have had a most fulfilling career as an actuary. To pay that forward, I have encouraged many students who are good at math and good communicators to consider an actuarial career. However, The Actuarial Foundation (TAF), through its programs, can reach far more students than I can as an individual. Therefore, I enthusiastically support TAF with monetary gifts. It is so easy to do so by either writing a check, donating appreciated stock, making a qualified charitable distribution from ones IRA, or using a donor advised fund. Easy estate plan options include adding a codicil naming TAF a beneficiary in ones will or naming TAF a beneficiary of a life insurance policy or of ones IRA. Will you consider joining me in supporting the great work of TAF with a contribution?
— Dave Hartman, Retired Emeritus Trustee
How to Give
Give to our cause can be done either directly or through a gift model that can provide tax benefits and even income.
Click on a gift model below to learn more.
A bequest allows you to designate The Actuarial Foundation as a beneficiary through your will, trust, or beneficiary designation.
- Benefits of a bequest
- Estate tax charitable deduction.
- Reduced tax burden for loved ones.
- Opportunity to leave a lasting charitable legacy.
- How a bequest works
With the guidance of an attorney, you may include language in your estate documents or complete a beneficiary designation form to make a gift.- Bequests may be made as:
- A percentage of your estate.
- A specific dollar amount or asset.
- Bequests may be made as:
Federal law now allows individuals to make charitable contributions directly from their IRA on an ongoing basis. This means you can choose to make an IRA rollover gift this year and in future years to support The Actuarial Foundation’s mission.
- Benefits of an IRA charitable rollover
- Transfer up to $111,000 from your IRA without incurring income tax.
- Potentially fulfill your required minimum distribution (RMD) for the year.
- Lower your taxable income, even if you do not itemize deductions.
- Make a charitable gift that is not limited by standard charitable deduction caps.
- Support the important work and programs of our organization.
- How an IRA charitable rollover gift works
- Contact your IRA plan administrator to initiate a charitable transfer from your IRA to The Actuarial Foundation.
- Funds are sent directly from your IRA to our organization to support our mission.
- Please note that IRA rollover gifts are not eligible for a charitable income tax deduction.
- If you would like your gift applied to a specific purpose, please contact us.
- Gifts from your IRA
- If you are age 70½ or older, you may use your IRA to meet your charitable goals by making a qualified charitable distribution. You can work with your IRA custodian to complete the transfer, and we will acknowledge your contribution accordingly. This type of gift may also count toward your required minimum distribution, if applicable.
You may choose to name The Actuarial Foundation as a beneficiary of a retirement account, investment account, bank account, or life insurance policy.
- Benefits of gifts through beneficiary designation
- Streamline your estate and financial planning.
- Direct your assets to causes that matter most to you.
- Maintain full access to your accounts during your lifetime.
- Allow heirs to receive assets that may be more tax-advantaged.
- Potentially reduce estate taxes through a charitable deduction.
- How to make a gift of retirement assets
- To leave retirement assets to The Actuarial Foundation, complete a beneficiary designation form through your retirement plan administrator or financial institution. When The Actuarial Foundation is named as beneficiary, the full value of the assets supports our mission, as charitable organizations do not pay income tax on these funds. Your estate may also qualify for a charitable estate tax deduction.
- Future gifts from your retirement assets
- Many retirement assets may be subject to significant taxation when passed on to heirs. An alternative approach is to leave tax-efficient assets, such as real estate or stocks, to loved ones and designate retirement assets to The Actuarial Foundation. Because we are a nonprofit organization, retirement funds transferred to us are not subject to income tax.
A charitable remainder unitrust allows you to contribute cash or appreciated assets to a trust that provides income to you or other beneficiaries, while supporting The Actuarial Foundation in the future. Assets placed in the trust may be sold without immediate capital gains tax, allowing the trust to generate income over time.
- Benefits of a charitable remainder unitrust
- Receive payments for life, for a term of up to 20 years, or for a combination of life plus a term of years.
- Defer or eliminate capital gains tax on donated appreciated assets.
- Receive an immediate charitable tax deduction for the charitable portion of the gift.
- Create a legacy that supports our mission.
- How a charitable remainder unitrust works
- You contribute cash or other assets to establish the charitable remainder unitrust.
- If the trust is funded with appreciated property, the assets may be sold by the trust without incurring capital gains tax.
- The trust is invested to provide income to you or other designated beneficiaries for a set period or for life.
- You receive a charitable income tax deduction in the year the assets are transferred to the trust.
- After all income payments have been made, the remaining trust assets are distributed to The Actuarial Foundation to further our work.
A charitable remainder annuity trust allows you to contribute cash or appreciated assets to a trust that provides predictable income while supporting The Actuarial Foundation in the future. Assets placed in the trust may be sold without immediate capital gains tax, and the trust pays a fixed amount to you or other beneficiaries.
- Benefits of a charitable remainder annuity trust
- Receive fixed payments for life or for a term of up to 20 years.
- Avoid capital gains tax on the sale of contributed appreciated assets.
- Receive an immediate charitable income tax deduction for the charitable remainder portion of your gift.
- How a charitable remainder annuity trust works
- You contribute cash or other assets to establish the charitable remainder annuity trust.
- If appreciated assets are used, the trust may sell them without incurring capital gains tax.
- The trust is structured to provide a fixed annual payment to you or other named beneficiaries for life, multiple lives, or a specified term of years.
- You receive a charitable income tax deduction in the year the trust is funded.
- After all payments have been made, the remaining trust assets are distributed to The Actuarial Foundation to further our mission.
- More on charitable remainder annuity trusts
- For donors seeking stability and predictable income, a charitable remainder annuity trust may be an appealing option. Because payments are fixed based on the value of the assets at the time the trust is created, this type of trust can provide consistency regardless of market fluctuations.
A charitable lead trust allows you to support The Actuarial Foundation for a set number of years while ultimately passing assets on to your family, often with significant tax advantages.
- Benefits of a charitable lead trust
- Receive a charitable deduction for gift or estate tax purposes.
- Transfer assets to loved ones at a reduced, or potentially eliminated, tax cost.
- Create a structured way to make recurring gifts to charity over time.
- How a charitable lead trust works
- You transfer property or other assets into a trust that provides income to The Actuarial Foundation for a specified period.
- You may receive a gift or estate tax deduction at the time the trust is established.
- At the conclusion of the trust term, the remaining assets, including any appreciation, are distributed to your family or other designated beneficiaries.
A sale and unitrust arrangement allows you to contribute a portion of your property to establish a charitable remainder trust. When the property is sold, you receive immediate cash along with a stream of income for life, while also supporting The Actuarial Foundation.
- Benefits of a sale and unitrust
- Receive cash from the sale that may be used for purchasing another home, planning for retirement, travel, daily living expenses, or other financial priorities.
- Receive ongoing income from the unitrust for life and throughout retirement.
- Qualify for a charitable income tax deduction that may reduce your current tax liability.
- Support the mission and programs of The Actuarial Foundation through your gift.
- How a sale and unitrust work
- You create a charitable remainder unitrust and transfer a portion of your property or assets into the trust.
- The assets contributed are sold, with a portion of the proceeds paid to you as cash and the remaining proceeds placed into the unitrust.
- The unitrust is invested to provide income for you for the remainder of your life.
- You receive a charitable tax deduction in the year of the transaction, which may help offset taxes owed on the cash proceeds.
- More on sale and unitrust
A bargain sale is a charitable giving option that allows you to sell property to The Actuarial Foundation for less than its full market value. This approach provides you with immediate cash while also supporting our mission through a partial charitable gift.
- Benefits of a bargain sale
- Minimize or avoid capital gains taxes on the donated portion of the property.
- Qualify for a charitable deduction that may reduce your current tax obligation.
- Use sale proceeds to reinvest, generate income, plan for retirement, purchase new property, or meet other financial goals.
- Help advance the programs and mission of The Actuarial Foundation.
- How a bargain sale works
- You transfer property to The Actuarial Foundation at a price below its fair market value.
- You receive cash equal to the agreed-upon purchase amount.
- The charitable gift portion is calculated as the difference between the property’s appraised value and the sale price and may be eligible for a tax deduction.
- Although some taxes may apply to the sale proceeds, the charitable deduction may help offset part or all any capital gains taxes.
- More on bargain sales
- A bargain sale may still be completed if the property has an outstanding mortgage. Because debt-related tax issues can affect the transaction, we strongly recommend consulting with your tax advisor before proceeding.
A Give It Twice Trust is a planning option that allows you to support your loved ones with income while also making a meaningful gift to The Actuarial Foundation.
- Benefits of a Give It Twice Trust
- Use the value of an unused retirement account to provide income for a surviving spouse, children, or other beneficiaries for a set period.
- Create potential estate tax savings through a charitable deduction.
- Advance the mission and programs of The Actuarial Foundation.
- How a Give It Twice Trust works
- The Actuarial Foundation can work with you and your attorney to help establish a charitable remainder unitrust.
- You complete a beneficiary designation form for your IRA or other retirement account, naming the charitable trust as beneficiary.
- Upon your passing, the retirement account assets are transferred by the custodian to the charitable trust.
- The trust then provides income for your spouse, children, or other designated beneficiaries for life, a term of years, or a combination of both.
- After all income payments have been made, the remaining assets in the trust are distributed to The Actuarial Foundation to support our work.
A life estate reserve allows you to donate your property to The Actuarial Foundation while continuing to live in or use the property for the rest of your life.
- Benefits of a life estate reserved
- Receive a federal income tax deduction for the charitable portion of your gift based on the remainder interest in your home or farm
- Retain lifetime use and control of your residence or property
- Structure the life estate to include more than one individual, such as a spouse or dependent, ensuring continued use for loved ones
- How a life estate reserved works
- You transfer ownership of your home or farm to The Actuarial Foundation through a deed that includes provisions allowing you, and any other named individuals, to retain use of the property for life.
- You and The Actuarial Foundation enter a maintenance, insurance, and taxes (MIT) agreement outlining responsibilities for upkeep, insurance coverage, and property taxes.
- Once the life estate concludes, ownership of the property transfers fully to The Actuarial Foundation, which will use or sell the property to support our charitable mission.
