Legacy Fund
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 website. Legacy Fund donations
are fully tax-deductible to the extent of the law.
If you would like to support the ACFAS Legacy Fund, please contact the Membership department at 773-693-9300 option 1.
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