How to Leave a Lasting Legacy with Planned Giving

Make a lasting impact on thyroid and head & neck cancer research with THANC. Discover how your gift through planned giving can shape a hopeful future.

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Imagine the impact you want to leave on the world. For many, it’s about enriching the lives of those around us and supporting the causes we deeply care about. If your heart is set on making strides in medical research and education, particularly in the realm of thyroid and head & neck cancer, there’s a meaningful way to extend your influence beyond your lifetime. This method is known as planned giving, and it represents a profound opportunity to cement your legacy in a cause that matters.

What is Planned Giving?

Planned giving allows you to arrange a gift today that will benefit the cause you’re passionate about in the future, typically after your lifetime. It’s more than a contribution—it’s a declaration of your values and dreams. By choosing to include the THANC Foundation in your planned giving, you’re not just making a donation—you’re embracing a mission. 

Our mission is focused: we are committed to inspiring, training, and educating the next generation of medical professionals. We’re at the forefront of advancing new therapeutic approaches and creating patient-centered resources aimed at easing the journey for those affected by these cancers.

Your Legacy Matters with THANC

Why consider THANC for your planned giving? Because it’s an opportunity to ensure that your dedication to progress in medical education and patient support leaves a lasting imprint. Your gift will empower groundbreaking research, vital medical education, and the development of resources designed with patients in mind. These efforts aim to transform lives and enhance the quality of care for those facing thyroid and head & neck cancers. And the best part? Making this lasting contribution is simpler than you might think.

Join us on a journey to leave a legacy that champions medical breakthroughs and supports patients and families for generations to come. We’re here to guide you every step of the way, with knowledge, support, and heartfelt gratitude.

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How to Include THANC in Your Planned Giving in 5 Steps

Including THANC in your planned giving is a powerful way to ensure your legacy contributes to vital research and education in thyroid and head & neck cancer.

  1. Identify Your Gift: Start by deciding which assets you feel comfortable dedicating to THANC. This could be anything from a portion of your retirement fund, stocks, real estate, or even a life insurance policy. Think about what you want your legacy gifts to achieve and how it aligns with THANC’s mission.
  2. Seek Professional Advice: It’s crucial to talk to a financial advisor, estate planner, or attorney who specializes in planned giving. They can help you understand the tax benefits, legal implications, and the most effective ways to structure your gift to ensure it meets your philanthropic goals.
  3. Choose the Type of Planned Gift: Once you’ve identified your assets and consulted with a professional, decide on the type of planned gift you want to make. Whether it’s a bequest in your will, a charitable trust, or another form of planned giving, select the option that best fits your financial situation and charitable intentions.
  4. Inform THANC of Your Decision: Letting THANC know about your planned gift is an important step. It allows us to plan for the future and, importantly, gives us the chance to thank you and recognize your generous commitment to our cause.
  5. Complete the Paperwork: Finalize your planned gift by completing the necessary paperwork. This might include updating your will or beneficiary designations. Your financial advisor or estate planner can guide you through this process to ensure everything is set up correctly.

By following these steps, you can create a lasting legacy that supports THANC’s mission, ensuring your generosity makes a significant impact for years to come.

5 Types of Planned Gifts

Planned gifts come in various forms, each offering different benefits to the donor and the recipient. Here are some common types of planned gifts you can consider:

  1. Charitable Bequests: One of the simplest and most popular ways to make a planned gift is through your will or living trust. You can specify a certain amount of money, a percentage of your estate, or a particular asset to be given to THANC after your passing.
  2. Charitable Gift Annuities: This type of planned gift allows you to donate a significant sum to THANC now and receive a fixed annual income for yourself or another beneficiary for life. After your lifetime, the remainder of the gift supports THANC.
  3. Charitable Remainder Trusts: With this option, you transfer assets into a trust that provides you or your beneficiaries with income for a set period of time. Once this period ends, the remaining assets go to THANC. This can offer tax benefits and potentially increase your income.
  4. Charitable Lead Trusts: This inverse of a charitable remainder trust allows THANC to receive an annual income from the trust for a specified term, after which the remaining trust assets are passed back to you or your heirs. This can be an excellent way to support THANC while also planning for estate or gift tax benefits.
  5. Retirement Plan and Life Insurance Beneficiaries: You can name THANC as a beneficiary of your retirement account (like an IRA or 401(k)) or life insurance policy. This is a straightforward way to make a significant gift without altering your will or living trust.
  6. Real Estate Gifts: Donating real estate, such as a home or land, can provide you with tax benefits while significantly supporting THANC’s mission. You could have this arranged to occur upon your passing or as an outright gift during your lifetime.

Each type of planned gift offers unique advantages and opportunities to support THANC’s work in advancing research, education, and patient-centered resources in thyroid and head & neck cancer. Consult with a professional to determine which option aligns best with your philanthropic goals and financial situation.

8 Benefits of Planned Giving

Planned giving is a unique philanthropic tool that offers a wide range of benefits, not only to the THANC Foundation but also to you, the donor. Here’s why considering a planned gift can be a rewarding decision:

How it Can Benefit the Donor

  1. Financial Flexibility: Planned gifts can align with your financial planning, allowing you to make a significant impact without affecting your current lifestyle or financial stability. This means you can support the causes you care about while ensuring that you meet your own financial needs and those of your family.
  2. Tax Benefits: Many planned giving options offer substantial tax advantages. For instance, charitable bequests in a will or living trust may reduce your estate tax, while other types of planned gifts, like charitable gift annuities or charitable remainder trusts, can provide immediate income tax deductions and potential savings on capital gains taxes.
  3. Legacy Building: Planned giving enables you to leave a lasting legacy that reflects your values and commitment to advancing medical education, research, and patient support in the fight against thyroid and head & neck cancers. It’s a way to ensure your philanthropic goals continue to make a difference well into the future.
  4. Personal Satisfaction: Knowing that your planned gift will have a profound impact on the lives of those affected by thyroid and head & neck cancers can provide immense personal satisfaction. You’ll have the peace of mind that comes from making a lasting contribution to a cause that’s important to you.

How it Benefits THANC

  1. Sustained Support: Planned gifts provide a reliable source of funding that helps THANC plan and execute long-term projects and initiatives. This sustained support is crucial for continuing our groundbreaking research, medical education programs, and the development of comprehensive patient-centered resources.
  2. Enhanced Capacity for Innovation: The financial stability afforded by planned gifts allows THANC to invest in innovative research and educational strategies that can lead to significant advancements in the treatment and care of thyroid and head & neck cancer patients.
  3. Expansion of Resources: Contributions from planned gifts enable the expansion and enhancement of patient-centered resources. This support helps to ease the journey of those affected, offering them access to vital information, guidance, and comfort when they need it most.
  4. Inspiration to Others: Planned gifts often inspire others to consider how they too can contribute to meaningful causes in impactful ways. This ripple effect can significantly increase the community support necessary to drive forward the mission of THANC.

Planned giving is a powerful expression of your commitment to a cause, offering benefits that resonate on a personal level while making a tangible difference in the world. By choosing to include THANC in your planned giving, you join a legacy of hope and healing that will benefit generations to come.

Acknowledging Your Gift

At THANC, we understand the profound significance of your planned gift. It’s not merely a contribution—it’s a legacy gift that will further the fight against thyroid and head & neck cancers. We believe in honoring this generous commitment with the recognition it deserves, ensuring that your legacy is celebrated and remembered. When making a planned gift, please feel free to tell us how you wish to be acknowledged. Below we have listed a variety of possibilities for acknowledging your gift.

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Personalized Acknowledgment

Upon notifying THANC of your planned gift, we’ll reach out to express our heartfelt thanks and discuss how you would like to be acknowledged. We believe in personalizing our gratitude to match the preferences of each donor, whether that means public recognition or respecting the desire for privacy.

Legacy Society Membership

We invite donors who include THANC in their planned giving to join our Legacy Society. Membership in the Legacy Society is a way for us to celebrate your commitment now and into the future. As part of this esteemed group, you’ll receive updates on how your future gift will make an impact, invitations to special events, and recognition in our publications (with your permission).

On-site & Online Recognition

For those who wish to be recognized, THANC offers various acknowledgment options, including recognition on our online donor wall, features in our digital and print communications and possible naming opportunities. We aim to acknowledge your generosity in a manner that resonates with your wishes and reflects the importance of your gift.

A Lasting Tribute

For gifts that carry personal significance, we offer opportunities to create a lasting tribute in honor or memory of someone special. These tributes serve as a meaningful way to remember loved ones while supporting a cause that’s important to you.

Confidentiality & Respect

We understand that planned giving is a deeply personal decision. THANC will handle your gift with the utmost confidentiality and respect. Should you choose to remain anonymous, we will honor your wishes while still ensuring to acknowledge your generosity internally, allowing us to express our gratitude for your support.

Your planned gift is a powerful testament to your vision for a better future. At THANC, we are deeply honored by your choice to support our mission in this significant way. Acknowledging your gift is just one part of how we celebrate and honor the lasting impact you will have on advancing research, education, and patient support in the fight against thyroid and head & neck cancers.

7 Frequently Asked Questions

Your planned gift to THANC plays a crucial role in our ongoing fight against thyroid and head & neck cancers. If you have more questions or need further information, please don’t hesitate to reach out. We’re here to help you make a lasting impact that resonates with your philanthropic goals.

Share Your Legacy of Hope

You have the power to make a monumental difference in the fight against thyroid and head & neck cancers. By including THANC in your planned giving, you’re not just making a donation—you’re launching a legacy of hope, innovation, and compassion that will resonate for generations. Your foresight and generosity will fuel groundbreaking research, inspire the next generation of medical professionals, and create life-changing resources for those on their journey with cancer.

Let’s make a lasting impact together. Your legacy can be the beacon of hope that lights the way to a future where thyroid and head & neck cancers are no longer a threat to the lives they touch. At THANC, every planned gift, big or small, is a vital part of our mission to alleviate suffering and advance healing. We’re ready to honor your contribution and celebrate the powerful difference you choose to make.

Thank you for considering a planned gift to THANC. Together, we can shape a future filled with hope, healing, and the promise of a healthier tomorrow. Let’s embark on this journey of lasting legacy and transformative change. Your next step? Reach out to us. Let’s talk about how your planned gift can become a part of something truly remarkable.