The FNIH Legacy Society

The FNIH supports biomedical research and the mission of the National Institutes of Health. We are a leader in recognizing complex scientific and health issues and facilitating partnerships among many types of entities including the NIH, private sector, academia, and other regulatory agencies.

The FNIH Legacy Society recognizes those who have made plans to remember the FNIH in their estate plan or through another type of planned gift. A planned gift to the FNIH can lead to the prevention, treatment and cure of diseases. It is an investment in the future of human health.

Just some of the vehicles available to you are:

  • A bequest or distribution from your will or revocable trust
  • Naming the FNIH as a beneficiary of your IRA or other retirement plan
  • Charitable Lead or Remainder Trust
  • Charitable Gift Annuity
  • Naming the FNIH as a beneficiary of a life insurance policy

 

Gifts can be made to support research or programs in specific areas or at a specific Institute or Center at the NIH. Or an unrestricted gift allows the FNIH to direct the funds where they are most needed to support biomedical research or programs.

Have you already made provisions for a planned gift to the FNIH?

Please tell us of your intention so that we may make sure your gift will be used as it is intended and can recognize you as a member of the FNIH Legacy Society (we respect a donor's wish to remain anonymous).

For more information on the FNIH Legacy Society, please contact:

FNIH Advancement Office
Phone: 301-402-4976
Fax: 301-480-2752
E-mail: Advancement@fnih.org
9650 Rockville Pike
Bethesda, MD 20814

Related Resources:

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A charitable bequest is one or two sentences in your will or living trust that leave to the FNIH a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

I, [name], of [city, state ZIP], give, devise and bequeath to Foundation for the National Institutes of Health, Inc. [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the FNIH or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the FNIH as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the FNIH as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the FNIH where you agree to make a gift to the FNIH and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

eBrochure Request Form

Please provide the following information to view the brochure.