Investing in Your Profession: The ACFAS Legacy Fund
As a highly trained surgeon, you know the value of specialized research and unlimited opportunity. You can ensure the future success and advancement of our profession through the ACFAS Legacy Fund. The fund offers unique ways to support the mission of the College, both now and in decades to come. Don’t miss the opportunity to become a legacy in your profession.
The ACFAS Legacy Fund
The Legacy Fund is a segregated, designated asset of the ACFAS, separate from the College’s annual operating revenues and budget. Gifts to the Legacy Fund will never be “spent”. Only earning from the principal (the “corpus”) will be used to fund research, scholarships and future initiatives we can’t even envision today. Legacy Fund gifts continue in perpetuity, and so does the recognition for Legacy Fund donors. Gifts are noted forever in ACFAS publications and on the ACFAS Web site. Legacy Fund donations are fully tax-deductible to the extent of the law.
The ACFAS Legacy Society
The Legacy Society is an elite corps of surgeons who have invested in the future of the College's mission through planned giving to the Legacy Fund. Their dollars support a special fund for long-term research and other initiatives. Membership in the Legacy Society provides a way for ACFAS to thank and recognize future donors during their lifetime, rather than learning of a gift only after it is received from an estate.
Becoming a Legacy Society Member
Bequests and other deferred gifts are easy ways to make large gifts to nonprofit, IRS Section 501(c)(3) tax-exempt organizations such as the College. These gifts usually are unrestricted, allowing them to be used to support initiatives to be determined in the future. However, if you wish to restrict your gift to a specific use, please contact ACFAS to discuss your wishes.
Individuals who notify ACFAS that they have provided for a future gift to ACFAS in any of the following ways will be recognized by name (or may remain anonymous) as a member of the ACFAS Legacy Society:
- Bequest - Through a will or living trust, you may contribute to ACFAS Legacy Fund a specific dollar amount, a particular asset, or some portion of the residue of your estate after you have provided for your family or other beneficiaries;
- Life Insurance - By naming the ACFAS Legacy Fund as the beneficiary of a life insurance policy, you may be able to provide a larger charitable gift than you would otherwise feel capable of making.
- Retirement Assets - You may provide for a future gift to the Legacy Fund by leaving all or a portion of your remaining retirement assets by naming the ACFAS Legacy Fund as a beneficiary of your retirement plan(s). This includes IRAs, 401(k)s, and pension plans.
Glossary of Terms