Estate Planning

The Easiest Way to Make an Impact

A Gift in Your Will or Living Trust

Interested in helping Pediatric Cancer Research Foundation with our mission but feel overwhelmed by the thought of writing another check or giving up your assets today? A simple, flexible and versatile way to ensure we can continue our work for years to come is a gift in your will or living trust, known as a charitable bequest.

By including a bequest to Pediatric Cancer Research Foundation in your will or living trust, you are ensuring that we can continue our mission for years to come.

Check out this Potential Scenario

Mr. and Mrs. McGurk became invested in the mission of the Pediatric Cancer Research Foundation through a friend who lost a son to cancer.  They planned into their estate a portion of their assets to benefit Pediatric Cancer Research Foundation.  In 2020, this gift allowed critical research to be advanced during a challenging fundraising landscape.  PCRF is thankful for their generosity and forethought.

Learn How to Fund It

You can use the following assets to fund a bequest:

• Cash Appreciated Securities
• Real Estate
• Tangible Personal Property
• Closely Held Stock

Next Steps

1. Contact Jeri Wilson at 949-859-6312 or jwilson@pcrf-kids.org for additional information on bequests or to chat more about the different options for including Pediatric Cancer Research Foundation in your will or estate plan.
2. Seek the advice of your financial or legal advisor.
3. If you include Pediatric Cancer Research Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Pediatric Cancer Research Foundation
Address: 2151 Michelson Dr., Suite 180 Irvine, CA 92612
Federal Tax ID Number: 95-3772528

Information contained herein was accurate at the time of posting. The information on this website 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. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

Continue Supporting Our Work After Your Lifetime

Beneficiary Designations

Passionate about supporting Pediatric Cancer Research Foundation with our mission even after your lifetime? It’s not only possible, it’s easy to do with a beneficiary designation. Just name Pediatric Cancer Research Foundation as a beneficiary to receive assets such as retirement plans and life insurance policies after you’re gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.

Not only is it an easy way to give, but it’s also flexible—you aren’t locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.

Check out this Potential Scenario

Mr. Dupree specialized in financial planning, so it was only natural to consider his favorite charity in his planning even in the early years of his family life.  Suddenly and unexpectedly, the life insurance plan he had set up with PCRF as the beneficiary was put into effect.  Mr. Dupree’s designation of PCRF years ago allowed the donation to PCRF to transfer smoothly to the charity.  His payments on this policy were also tax deductible during his lifetime.

Learn How to Fund It

You can use the following assets to fund a bequest:

• Life Insurance
• Retirement Plan Assets
• Commercial Annuities
• Bank Accounts, Certificates of Deposit or Brokerage Accounts

Next Steps

1. Contact Jeri Wilson at 949-859-6312 or jwilson@pcrf-kids.org for additional information on bequests or to chat more about the different options for including Pediatric Cancer Research Foundation in your will or estate plan.
2. Seek the advice of your financial or legal advisor.
3. If you include Pediatric Cancer Research Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Pediatric Cancer Research Foundation
Address: 2151 Michelson Dr., Suite 180 Irvine, CA 92612
Federal Tax ID Number: 95-3772528

Information contained herein was accurate at the time of posting. The information on this website 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. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

Turn Your Generosity Into Lifetime Income

Charitable Gift Annuities

When you are looking for ways to help Pediatric Cancer Research Foundation with our mission, you shouldn’t feel like you are choosing between your philanthropic goals and financial security. One gift that allows you to support the mission of Pediatric Cancer Research Foundation while receiving fixed payments for life is a charitable gift annuity.

Not only does this gift provide you with regular payments and allow us to further our work, but when you create a charitable gift annuity with Pediatric Cancer Research Foundation you can receive a variety of tax benefits, including a federal income tax charitable deduction when you itemize.

Delay Your Payments

If you are younger than 60 or don’t need your payments immediately, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement.

Learn How to Fund It

You can use the following assets to fund a charitable gift annuity:

• Cash
• Appreciated Securities
• Closely Held Stock
• Real Estate
• Tangible Personal Property

Next Steps

1. Contact Jeri Wilson at 949-859-6312 or jwilson@pcrf-kids.org for additional information on bequests or to chat more about the different options for including Pediatric Cancer Research Foundation in your will or estate plan.
2. Seek the advice of your financial or legal advisor.
3. If you include Pediatric Cancer Research Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Pediatric Cancer Research Foundation
Address: 2151 Michelson Dr., Suite 180 Irvine, CA 92612
Federal Tax ID Number: 95-3772528

Information contained herein was accurate at the time of posting. The information on this website 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. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

Discover a Gift That Is Truly Win-Win

Charitable Remainder Trusts

Looking for a way to give Pediatric Cancer Research Foundation a significant gift? If you have built up a sizeable estate and are also looking for ways to receive reliable payments, you may want to check out the advantages of setting up a charitable remainder trust.

Benefits of a charitable remainder trust include:

• Potential for a partial charitable income tax deduction
• Potential for increased income
• Up-front capital gains tax avoidance

There are two ways to receive payments with charitable remainder trusts:

The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.

The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.

Charitable Lead Trusts

Do you want to benefit from the tax savings that result from supporting Children’s Hospital, yet you don’t want to give up any assets that you’d like your family to receive someday? You can have it both ways with a charitable lead trust.

There are two ways charitable lead trusts make payments:

A charitable lead annuity trust pays a fixed amount each year to Pediatric Cancer Research Foundation and is more attractive when interest rates are low.

A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust’s assets go up in value, for example, the payments to Pediatric Cancer Research Foundation go up as well.

Next Steps

1. Contact Jeri Wilson at 949-859-6312 or jwilson@pcrf-kids.org for additional information on bequests or to chat more about the different options for including Pediatric Cancer Research Foundation in your will or estate plan.
2. Seek the advice of your financial or legal advisor.
3. If you include Pediatric Cancer Research Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Pediatric Cancer Research Foundation
Address: 2151 Michelson Dr., Suite 180 Irvine, CA 92612
Federal Tax ID Number: 95-3772528

Information contained herein was accurate at the time of posting. The information on this website 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. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

A Tax-Saving Way to Help Pediatric Cancer Research Foundation

See Your Generosity in Action

Make a difference today and save on taxes. It’s possible when you support Pediatric Cancer Research Foundation through your IRA.

A Special Opportunity for Those 70½ Years Old and Older

You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualified charity such as Pediatric Cancer Research Foundation without having to pay income taxes on the money. Gifts of any value $100,000 or less are eligible for this benefit and you can feel good knowing that you are making a difference at Pediatric Cancer Research Foundation. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.

Why Consider This Gift?

Your gift will be put to use today, allowing you to see the difference your donation is making.

Beginning in the year you turn 72, you can use your gift to satisfy all or part of your required minimum distribution (RMD).

You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.

Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.

Take Action! Give From Your IRA.

Frequently Asked Questions

1. I’m turning age 70½ in a few months. Can I make this gift now?
   No. The legislation requires you to reach age 70½ by the date you make the gift.
2. I have several retirement accounts—some are pensions and some are IRAs. Does it matter which retirement account I use?
   Yes. Direct gifts to a qualified charity can be made only from an IRA. Under certain circumstances, however, you may be able to roll assets from a pension, profit sharing, 401(k) or 403(b) plan into an IRA and then make the transfer from the IRA directly to Pediatric Cancer Research Foundation. To determine if a rollover to an IRA is available for your plan, speak with your plan administrator.
3. Can my gift be used as my required minimum distribution?
   Yes, absolutely. Beginning in the year you turn 72, you can use your gift to satisfy all or part of your RMD.
4. Do I need to give my entire IRA to be eligible for the tax benefits?
   No. You can give any amount under this provision, as long as it is no more than $100,000 per year. If your IRA is valued at more than $100,000, you can transfer a portion of it to fund a charitable gift.
5. When do I need to make my gift?
   We must receive your gift by Dec. 31 for your donation to qualify this year. If you have check-writing privileges on your IRA, please mail your check by Dec. 18 in order to give us time to process your gift before the end of the year.
6. I have two charities I want to support. Can I give $100,000 from my IRA to each?
   No. Under the law, you can give a maximum of $100,000 per year. For example, you can give each organization $50,000 this year or any other combination that totals $100,000 or less. Any amount of more than $100,000 in one year must be reported as taxable income.
7. My spouse and I would like to give more than $100,000. How can we do that?
   If you have a spouse (as defined by the IRS) who is 70½ or older, they can also give any amount up to $100,000 from their IRA.
8. Can I use the transfer to fund life-income gifts like charitable remainder trusts or charitable gift annuities?
   Unfortunately, the law does not permit using a qualified charitable distribution to establish a charitable gift annuity or a charitable remainder trust. However, you can designate some or all of your retirement plan assets to fund a charitable gift annuity or charitable remainder trust after your lifetime. A charitable trust or gift annuity provides lifetime income to your family or other loved ones. When the gift arrangement ends, the balance will support Pediatric Cancer Research Foundation.
9. I’ve already named Pediatric Cancer Research Foundation as the beneficiary of my IRA. What are the benefits if I make a gift now instead of after my lifetime?
   By making a gift this year of any amount up to $100,000 from your IRA, you can see your philanthropic dollars at work. You are jump-starting the legacy you would like to leave and giving yourself the joy of watching your philanthropy take shape. Moreover, you can fulfill any outstanding pledge you may have made by transferring that amount from your IRA as long as it is $100,000 or less for the year.

For Those 59½ Years Old or Older

If you’re at least 59½ years old, you can take a distribution and then make a gift from your IRA without penalty. If you itemize your deductions, you can take a charitable deduction for the amount of your gift.

At Any Age

No matter your age, you can designate Pediatric Cancer Research Foundation as the beneficiary of all or a percentage of your IRA and it will pass to us tax-free after your lifetime. It’s simple, just requiring that you contact your IRA administrator for a change-of-beneficiary form or download a form from your provider’s website.

Tip: It’s critical to let us know of your gift because many popular retirement plan administrators assume no obligation to notify a charity of your designation. The administrator also will not monitor whether your gift designations are followed. We would love to talk to you about your intentions to ensure that they are followed. We would also like to thank you for your generosity.

Next Steps

1. Contact Jeri Wilson at 949-859-6312 or jwilson@pcrf-kids.org for additional information on bequests or to chat more about the different options for including Pediatric Cancer Research Foundation in your will or estate plan.
2. Seek the advice of your financial or legal advisor.
3. If you include Pediatric Cancer Research Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Pediatric Cancer Research Foundation
Address: 2151 Michelson Dr., Suite 180 Irvine, CA 92612
Federal Tax ID Number: 95-3772528

Information contained herein was accurate at the time of posting. The information on this website 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. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

Harness the Giving Power of a Private Foundation—Without the Complexity

Donor Advised Funds

A donor advised fund (DAF), which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Pediatric Cancer Research Foundation and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.

You can also create a lasting legacy by naming Pediatric Cancer Research Foundation the beneficiary of the entire account or a percentage of the fund. With a percentage, you can create a family legacy of giving by naming your loved ones as your successor to continue recommending grants to charitable organizations. Contact your fund administrator for a beneficiary form.

Learn How to Fund It

Create a donor advised fund with one of the following assets:

• Cash
• Appreciated Securities
• Retirement Plan Assets
• Tangible Personal Property

Next Steps

1. Contact Jeri Wilson at 949-859-6312 or jwilson@pcrf-kids.org for additional information on bequests or to chat more about the different options for including Pediatric Cancer Research Foundation in your will or estate plan.
2. Seek the advice of your financial or legal advisor.
3. If you include Pediatric Cancer Research Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Pediatric Cancer Research Foundation
Address: 2151 Michelson Dr., Suite 180 Irvine, CA 92612
Federal Tax ID Number: 95-3772528

Information contained herein was accurate at the time of posting. The information on this website 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. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.

For Professional Advisors

In your work as a professional advisor, you value professionalism, integrity and honesty, taking the utmost care when serving your clients. As a nonprofit organization, we share your values and take the same care when it comes to helping our donors plan charitable gifts to Pediatric Cancer Research Foundation. Please use these tools as you help your clients with their charitable plans, and feel free to contact us for more information or assistance.

Partner With Us

We understand that gifts to charities such as Pediatric Cancer Research Foundation can be an important part of your clients’ overall financial and estate plans. That’s why we’re committed to working with you to ensure that your clients find the charitable arrangements that best meet their needs. We believe that charitable planning is a process that ideally involves the donor, professional advisors and our gift planning staff—all working together to arrange the best gift possible.

Next Steps

1. Contact Jeri Wilson at 949-859-6312 or jwilson@pcrf-kids.org for additional information on bequests or to chat more about the different options for including Pediatric Cancer Research Foundation in your will or estate plan.
2. If your client would like to include Pediatric Cancer Research Foundation in their plans, please use our legal name and federal tax ID.

Legal Name: Pediatric Cancer Research Foundation
Address: 2151 Michelson Dr., Suite 180 Irvine, CA 92612
Federal Tax ID Number: 95-3772528

Information contained herein was accurate at the time of posting. The information on this website 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. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.