You may wish to provide support for Alzheimer’s disease research as part of the plan for your estate. Planned Giving offers donors both the satisfaction of supporting the research of Alzheimer’s disease and certain financial benefits.


We have many Planned Giving options available, some of which may also have tax benefits. In all circumstances, before you make any commitments, you should first consult with your financial advisor and/or your attorney to determine whether Planned Giving is appropriate for you and your family.

The information that follows is intended to provide a high-level overview of some of the Planned Giving options. At any time, should you want to reach out to Cure Alzheimer’s Fund, please contact Laurel Lyle, Vice President of Development Operations and Fundraising Programs at LLyle@CureAlz.org or 781-237-3800.

Thank you.

Cure Alzheimer’s Fund Legacy Society

The Legacy Society was created to honor those who have made a bequest or a planned gift to our organization. By becoming a member of the Legacy Society, you will join others who have committed to ending Alzheimer’s disease through continued scientific research.

All members of the Legacy Society will remain anonymous to the public. This list remains exclusive to Cure Alzheimer’s Fund and is never made available to outside entities.

Planned Giving Strategies

There are a number of Planned Giving strategies that you can utilize. Here you will find summaries of some of the available options.

BEQUEST

The most common and easily implemented form of planned gift is a bequest that includes a provision for Cure Alzheimer’s Fund in the estate plan. The language will usually include a specific dollar amount or a percentage of the value of the estate. The following is sample language:

I give ($ amount) (X percent of the residue of my estate) to the Alzheimer’s Disease Research Foundation dba Cure Alzheimer’s Fund of Wellesley Hills, Massachusetts (or its successor organization, if any), for its general purposes.

To specify us, you can simply make your gift to:

“Alzheimer’s Disease Research Foundation, Wellesley Hills, Massachusetts, a non-profit corporation doing business as Cure Alzheimer’s Fund.”

Your gift can be a specific dollar amount or a percentage of assets.

GIFT OF RETIREMENT ASSETS OR LIFE INSURANCE POLICIES

Retirement assets such as IRA’s, 401K’s, and life insurance proceeds can be donated to Cure Alzheimer’s Fund in accordance with beneficiary designations that have been placed on file with the account custodian or life insurance company, not under the donor’s will.

CHARITABLE LEAD TRUSTS (CLT’S)

A Charitable Lead Trust (CLT) is an irrevocable trust with two distinct interests: a charitable “lead interest” for a period of years, and a noncharitable “remainder interest.”

During the charitable lead period, the CLT would make payments to Cure Alzheimer’s Fund as chosen by the donor or trustees. In a charitable lead annuity trust (CLAT) the payments are fixed at the creation of the trust. In a charitable lead unitrust (CLUT) the payments vary from year to year.

The donor is subject to gift/estate tax upon funding the CLT, but only on the present value of the remainder interest, which could be low or even an amount of $0.

At the expiration of the charitable lead period, the CLT distributes the remaining trust property to Cure Alzheimer’s Fund, free of gift or estate tax.

CHARITABLE REMAINDER TRUSTS (CRT’S)

A Charitable Remainder Trust (CRT) is an irrevocable trust with two distinct interests: a noncharitable interest for a period of years or for one or more lives, and a charitable “remainder interest.”

During the noncharitable period, the CRT makes annual payments to the donor or a family member. In a charitable remainder unitrust (CRUT) the annuity payments vary year-to-year and different types of CRUT’s are possible. In a charitable remainder annuity trust (CRAT) the annuity payments are fixed at the creation of the trust.

After the initial period ends, the remaining CRT property passes to Cure Alzheimer’s fund.

The donor is entitled to a charitable income tax deduction in the year the CRT is funded, equal to the present value of the remainder interest passing on to Cure Alzheimer’s Fund. The donor will not be subject to gift tax on funding the CRT if the noncharitable payments are made to the donor or spouse. The CRT itself is not subject to income taxes (including capital gains taxes). The donor may contribute highly appreciate securities to the CRT, and the CRT may sell those securities without incurring any present gains taxes. This makes a CRT a useful device for diversification. However, the noncharitable beneficiary will pay the capital gains taxes over time, as annual distributions are made.

In summary, CRT’s may provide an income stream for the donors remaining lifetime and provide the remainder balance to Cure Alzheimer’s Fund, while also resulting in savings to income tax.

CHARITABLE GIFT ANNUITIES

With a Charitable Gift Annuity, the donor makes an outright gift directly to Cure Alzheimer’s Fund (CureAlz) and enters into an annuity contract with that CureAlz.

During the lifetime of the donor and/or spouse, Cure Alzheimer’s Fund will make annual payments to the named donors. The amount of the annuity payment is fixed at the creation of the annuity based on the donor’s age(s), and is typically calculated using rates published by the American Council on Gift Annuities. The annuity can begin immediately, or can be deferred to a future date. At the end of the annuity period, Cure Alzheimer’s Fund retains any remaining funds.

Due to differences in state law, it is very important to consult with a lawyer before entering into a Charitable Gift Annuity.

ONLINE TOOL FOR PLANNED GIVING

For those who want to support Cure Alzheimer’s Fund as part of their legacy but do not have a will in place, online tools are available to help you through the process. One such tool is available through FREEWILL. Their purpose is to facilitate the planning process and their service is completely free.

To begin the process you can access their site through this link: https://www.freewill.com. The site also includes a section of frequently asked questions found through this link: https://www.freewill.com/faq


If you have any questions regarding our Planned Giving options, or if you would like to make a gift, please contact Laurel Lyle, Vice President of Development Operations and Fundraising Programs at LLyle@CureAlz.org or 781-237-3800.

The information contained in this section on Planned Giving is intended for educational purposes only and is not intended to provide legal, tax, or other professional advice. We encourage you to consult with your attorney, tax advisor, or accountant before making any commitments.