The Ultimate Guide to Planned Giving for Neuroscience Research
Planned giving is a type of charitable giving in which a donor commits to gift assets to a nonprofit organization or charity at some point in the future, often through their estate plan.
Planned giving can take many forms. Legacy gifts can include a bequest in a will or living trust, or a beneficiary designation for an IRA, investment annuity, or life insurance policy. These gifts can include a portion or percentage of an asset or estate, or a dollar amount or a particular asset.
Other ways to give include charitable trusts and gifts of real estate or other highly appreciated assets, such as stocks, investments, and business interests. There are even two charitable gift planning tools that can provide you with lifetime income: charitable gift annuities and charitable remainder trusts.
Why Choose a Legacy Gift for Neuroscience?
Planned giving is a very effective way for nonprofit organizations like Barrow Neurological Foundation to build long-term relationships with donors and secure funding for lifesaving research. It also allows donors to support causes that are important to them in a meaningful way, while also potentially reducing their tax burden.
Planned giving ensures that your charitable giving continues beyond your lifetime. By making a significant contribution to Barrow Neurological Foundation through your estate planning or other long-term financial strategies, you will leave a lasting legacy of philanthropy that will help patients living with neurological diseases for years to come.
Overview: Support Barrow Through Planned Giving
There are many ways that you can give to Barrow Neurological Foundation while creating a lasting legacy. Structuring your gift correctly can provide immediate tax deductions, a lifetime income stream, or reduced estate taxes.
| Gift Type | Primary Benefit | Asset Used |
| Will or Trust | Flexibility and simplicity | Cash, Property, Stocks |
| Retirement Assets | Avoids income tax for heirs | IRA, 401(k), 403(b) |
| Charitable Gift Annuity | Fixed income for life | Cash or Appreciated Stock |
| Donor-Advised Funds | Immediate tax deduction | Cash or Securities |
| Stocks and Securities | Avoids capital gains tax | Appreciated Stocks, Bonds, and Equities |
| Real Estate | High-impact asset transfer; save on appreciation taxes | Home, Land, Commercial |
| Life Insurance | High leverage for impact | Policy Dividends or Death Benefit |
How Your Gift Impacts the Future of Brain Health
Planned giving is critical to advancing neurological research and improving the lives of patients and families affected by neurological diseases. These gifts provide long-term funding for ongoing research studies that may lead to new treatments or the next cure for neurological conditions such as Alzheimer’s disease and dementia, Parkinson’s disease and movement disorders, brain cancer, amyotrophic lateral sclerosis (ALS), epilepsy, multiple sclerosis, and more. They also support the development of new clinical research programs and initiatives and provide support for the education and training of future leaders in neuroscience.
In addition to providing financial support, planned gifts also build awareness for neurological research by inspiring others, especially younger generations, to get involved and help advance the field.
Whether through direct funding or by inspiring others, planned gifts to Barrow Neurological Foundation will make a lasting impact on the future treatment of neurological diseases.
Frequently Asked Questions
What is the Tax ID for Barrow Neurological Foundation?
The Federal Tax ID for Barrow Neurological Foundation is #86-0174371.
Can I direct my gift to a specific disease or condition?
Yes. While unrestricted gifts provide the most flexibility, you can designate your legacy gift to specific centers and programs such as the Ivy Brain Tumor Center, Muhammad Ali Parkinson Center, Alzheimer’s and Memory Disorders Program, Neuro-Rehabilitation Center, or Barrow Aneurysm & AVM Research Center.
Where can I find technical guides for these gifts?
For detailed gift descriptions and expert assistance, visit our dedicated portal at barrow.mygiftlegacy.org.
