Every contribution is a way for the donor to reinforce their values. Contributions help tell the story of the donor’s life. Regardless of the amount or the age of the donor, it showcases those causes that helped the donor, and it often passes those values down to the next generation.
One of the most effective methods to pass down values is through a bequest. A bequest helps create a legacy for the donor and for the organization. At Fenway we recognize these generous folks while they are still with us through our Legacy Society.
Planning your Legacy
There is a range of ways you can help ensure Fenway’s long-term financial security and ability to serve the LGBTQIA+ community far into the future. Please reach out to us and/ or review this worksheet with your attorney to start ensuring your legacy.
Recognition
A planned gift can provide value right away, while the donor is still with us. Our Legacy Society enables us to recognize our planned gift donors with various events, and public recognition. These techniques often inspire others and bring attention to specific programs that serve our community.
Additional things to consider when planning your legacy contribution:
When you donate long-term appreciated securities to Fenway Health, you can claim the full value of the gift as a charitable deduction.
Gifts of securities — such as individual stocks, bonds, or mutual fund shares — can benefit both you and Fenway Health. A gift of securities has tax benefits that increase the value of your gift, which may allow you to make a larger gift than if you first sold the securities and then donated the net proceeds.
For assistance or questions in making a gift please contact Development at [email protected] or 617.927.6350.
Stock Transfer Information (PDF)
Although we are highly qualified fundraising professionals we are not tax experts. We strongly advise seeking the advice of your tax accountant or financial advisor.
If you are 70 ½ or older, a Qualified Charitable Distribution (QCD) can satisfy the Required Minimum Distribution (RMD) from your IRA while reducing your taxable income.
Contact Development at [email protected] or 617.927.6350 to learn more about QCDs and other ways you can make a gift and save on taxes.
Although we are highly qualified fundraising professionals we are not tax experts. We strongly advise seeking the advice of your tax accountant or financial advisor.
Real estate that we enjoy today can have a significant impact beyond our lifetime, converting into critical support for core programs and services at Fenway Health. In addition, there may be considerable tax benefits to this giving option. Your lawyer or estate planner can help explain the advantages of this long-term giving strategy.
