Leave a Legacy in Your Will
Your will affirms, honors, and protects what matters most in your life – your loved ones, your principles, your values.
Through estate planning, you can help ensure that reproductive health care, sex education, and women’s rights will continue for generations to come. Including Planned Parenthood of Maryland in your will is one of the most meaningful and generous gifts you can make.
When naming Planned Parenthood of Maryland as a beneficiary of a bequest you have two options:
Planned Parenthood of Maryland, Inc.
Funds directed towards Planned Parenthood of Maryland, Inc. will go into a restricted account that is controlled by the board of directors and intended for general operating expenses.
Planned Parenthood of Maryland Endowment Fund, Inc.
Funds directed towards the Planned Parenthood of Maryland Endowment Fund, Inc. will be invested with proceeds used to support the capital and mission needs of Planned Parenthood of Maryland, Inc.
You may make a specific bequest, which is a gift of a particular dollar amount or particular asset, for example: “I give, bequeath and devise (dollar amount or description of asset) to __________ (specified beneficiary), now or formerly in the city of Baltimore, in the state of Maryland, to be used for its general purposes.”
You may make a residuary bequest, which is a gift of all or part of the property remaining in your estate after debts, expenses, and specific bequests have been paid (usually stated as a percentage), for example: “I give, bequeath and devise (all, or ___% of) the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to __________ (specified beneficiary), now or formerly in the city of Baltimore, in the state of Maryland, to be used for its general purposes.”
Click here to learn about our exciting 5 year campaign and read an inspiring story.
Click here to download a PDF Estate Planning Brochure.
Charitable Gift Annuities
Are you interested in making a meaningful contribution to Planned Parenthood of Maryland today and supporting future generations tomorrow? Do you want to receive fixed income for life, an immediate charitable tax deduction, and reduced capital gain tax? Then a Charitable Gift Annuity may meet your objectives.
Click here to download a PDF Charitable Gift Annuities Brochure.
As of November 2009, the new minimum age for a Charitable Gift Annuity is 70, the new minimum gift is $10,000 for an individual and $20,000 for a couple and the new maximum deferral is 5 years.
IRA Rollovers
The Charitable IRA Rollover gift law expired on December 31, 2009. It is unclear whether Congress will repeat what it did last year and extend the law for 2010. However, an IRA gift naming Planned Parenthood of Maryland as a beneficiary continues to be a sound option. The most compelling reason to do so is because when a nonprofit is the beneficiary of an IRA they do not have to pay taxes withdrawing from the account as individual beneficiaries do, and the IRA gift in its entirety goes to support our mission. For more information please call (410) 576-2160.
Questions?
Email development@ppmaryland.org or call us at: 410-576-2150.
