Planned Giving

MAKE AN IMPACT TOMORROW BY MAKING A CHARITABLE BEQUEST TODAY

We know that you want to help support the vital work that we at Here Tomorrow are doing for our community every day. We also understand that you want to protect your family’s future. That’s why we offer a simple, flexible way you can help us continue to achieve our mission in the years to come without giving up your assets today: a charitable bequest. 

With a charitable bequest, you can provide Here Tomorrow with a fixed or variable gift from your estate, which also entitles your estate to an unlimited federal estate tax charitable deduction.

Please reach out to Nancy Weaver, Director of Donor Relations, to answer any questions you might have. (Email Nancy)

How a Charitable Bequest Works

Meet Peter and Jane.

Soon after their wedding, Peter and Jane protected their assets by drafting a will. As lifelong friends and supporters of Here Tomorrow, they included a bequest of $75,000 to the organization.

Over the next several years Peter and Jane were blessed with a growing family. Like all parents, Peter and Jane wanted to safeguard their family’s security, but they still wanted to provide a gift to Here Tomorrow.

With their attorney’s advice, Peter and Jane recently revised their will and converted their gift to Here Tomorrow to a percentage of their estate rather than a set amount. Now Peter and Jane can rest assured that their family is protected – and so is their commitment to the organization that they love.

How to fund it:

These assets can fund your bequest:

WHY MAKE A BEQUEST:

NEXT STEPS:

  • Contact Nancy Weaver, Director of Donor Relations at 904-746-7851 or (Email Nancy) for additional information on bequests; and
  • Seek the advice of your financial or legal advisor.

If you include Here Tomorrow in your estate plans, please use our legal name and Federal Tax ID:

Legal Name: Here Tomorrow, Inc.
Address: 910 3rd Street, Neptune Beach, FL 32266
Federal Tax ID: 47-5278523

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 examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.

LIFE INSURANCE

Continue supporting our work with a gift from your life insurance policy

Did you know that you can designate all or a portion of your life insurance policy to help us continue providing family-centered, world-renowned education and cutting-edge therapies to children and young adults? You absolutely can. In fact, your policy can be a powerful and simple way to support our mission.

Here are three simple ways you can give a gift to Here Tomorrow from your life insurance policy:

  1. Name Here Tomorrow as a beneficiary: Naming Here Tomorrow as a beneficiary is as simple as updating your beneficiary designation form with the policy holder. There are two ways you can provide this gift: 1) designate Here Tomorrow as the primary beneficiary for a percentage or specific amount of the policy; or 2) make Here Tomorrow the contingent beneficiary, which means that Here Tomorrow will receive the balance of the policy only in the event that your primary beneficiary doesn’t survive you.
  2. Make an outright gift of an existing policy: By naming Here Tomorrow as owner and beneficiary of an existing policy, you can receive a federal income tax charitable deduction and reduce your future estate tax liability. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift.
  3. Make an outright gift of a new policy: You can take out a new policy and irrevocably name Here Tomorrow as the owner and the beneficiary of the insurance contract. Whether you make one single premium payment or pay annual premiums, each payment is tax deductible as a charitable gift.

SAMPLE BEQUEST LANGUAGE

Giving to Here Tomorrow through your will or living trust is known as a “bequest.” A bequest can include cash, securities, real estate or property.

Bequests can be made for a percentage of the estate or for a certain dollar amount. You can have your bequest restricted for a specific purpose or designate it for general use at Here Tomorrow.

Many donors use their bequests to establish endowments that honor the memory of a loved one. These endowments live forever, as only the endowment’s income is used annually.

Wills are important legal documents, and as such, you should seek an attorney’s help when drafting or changing the document. To assist you with this important process, we have suggested wording for bequests below.

UNDERSTANDING BEQUESTS

Restricted bequest – funds will only be used for purposes designated by you

Unrestricted bequest – Here Tomorrow may designate how funds will be used

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 examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.