Planned Giving

The Task Force Legacy Circle
The National Gay and Lesbian Task Force invites you to define your legacy by becoming a member of its LEGACY CIRCLE – a group of individuals who have shown their commitment to equality by providing for the Task Force through their estate plan. A planned gift for the Task Force not only makes a statement about what matters to you now but it also ensures that the work of the Task Force will continue into the future. If you would like more information on becoming a member of the Task Force Legacy Circle, please contact David Alexander, Director of Development at dalexander@thetaskforce.org or by phone at 646.358.1462.

Ways To Make a Planned Gift
There are several ways you can make a planned gift that benefits the National Gay and Lesbian Task Force.

BEQUEST: A bequest is a gift that you leave through your will. A will is a legal document that directs how your property will be distributed after your death. If you don't have a will, the state will determine how your property passes when you die. If you live in a state that does not recognize marriage equality, in all probability your partner will not be entitled to inherit anything from you if you don't have a will leaving your property to him or her. Certainly without a will none of your assets will pass to the organizations you support.

You can make a charitable bequest to the Task Force by leaving a specific sum of money or a specific piece of property or by leaving a percentage of your estate. You can leave a residual bequest by leaving the remainder of your estate or a percentage of the remainder after gifts to other beneficiaries have been made. You can leave a contingent bequest by stipulating that the charity receives a gift only when certain conditions have been met, for example, the charity receives only if your spouse or partner predeceases you.

RETIREMENT ASSETS: Another way to leave a charitable gift to the National Gay and Lesbian Task Force is to name the Task Force as the beneficiary of all or a portion of your retirement fund. Leaving a gift of all or a portion of your retirement fund to the Task Force may also provide you with substantial estate tax benefits. To make a gift of retirement assets, simply name the Task Force as the beneficiary or contingent beneficiary of all or a portion of your retirement fund.

LIFE INSURANCE: You can leave a charitable gift to the National Gay and Lesbian Task Force Foundation by naming it as the beneficiary or contingent beneficiary of all or a portion of the proceeds of a life insurance policy.

TRUSTS: A Trust is a legal document by which a person (the settlor) transfers assets out of his or her name and into the name of the trust or the trustee. If the trust is established during the settlor’s lifetime, the settlor may also serve as the trustee. Transferring one’s assets to a trust during one’s lifetime is one way for the person to avoid the probate process. A trust can also provide for the distribution of one’s assets upon his or her death.

A living trust is a trust that is created during the settlor’s lifetime. A charitable gift can be made to the National Gay and Lesbian Task Force Foundation by providing that all or a part of the trust assets are transferred to the Task Force upon the death of the settlor. A charitable remainder trust allows the settlor or other trust beneficiaries to receive the income from the trust for a period of time. After the period of time, the remaining trust assets (or a portion of them) will be transferred to the Task Force. A charitable lead trust would pay to the Task Force an annual income for a period of time, after which, the principal of the trust reverts to the settlor or to other trust beneficiaries.

Sample Language For Leaving a Bequest To the National Gay and Lesbian Task Force Foundation::
"I hereby give, bequeath, and devise [the sum of $________], [________ percent of my property both real and personal], or [the name of a specific piece of property] to the National Gay and Lesbian Task Force Foundation, which has its principal place of business at 1325 Massachusetts Ave NW, Suite 600, Washington, DC 20005, and whose 501 (c)(3) tax identification number is 52-1624852."

If you've already included the Task Force in your estate plan, please let us know by completing this form and returning it by e-mail to dalexander@thetaskforce.org or by mail to David Alexander at 80 Maiden Lane, Suite 1504, New York, NY 10038. And thank you so much for providing a planned gift for the National Gay and Lesbian Task Force.

FREQUENTLY ASKED QUESTIONS

I DON’T OWN MUCH. DO I NEED A WILL? Everyone has assets – a bank account, a car, a retirement account, her mother’s china, his father’s pocket watch. If you don’t have a will, the state will determine who inherits your assets when you die. It is especially important for LGBT people to have a will to ensure that those they love but with whom they have no legal relationship will inherit from them.

I’D LIKE TO LEAVE A GIFT TO THE TASK FORCE, BUT I’M NOT RICH. WHAT CAN I DO? You don’t have to be rich to leave a charitable estate gift. No gift is too small . . . or too large. You can name the Task Force as a beneficiary of a life insurance policy or of a retirement account. If you own your home, you can direct your executor or trustee to sell your home and distribute the proceeds or a portion of the proceeds to the Task Force. Part of the beauty of leaving a planned charitable gift is that you don’t have to write a check today!

CAN I PROVIDE FOR MY SPOUSE/PARTNER AND ALSO LEAVE A GIFT TO THE TASK FORCE? Most people want to be sure a spouse or partner is taken care of. There are many ways to do this. You can provide for your loved ones through a life insurance policy and leave a portion of your estate assets to the Task Force. Or you can leave your entire estate to a loved one and leave a gift to the Task Force by naming it as a life insurance beneficiary. You can provide that your loved one receives an income during his or her lifetime and leave a residuary gift to the Task Force when your loved one dies. These are just a few of the ways you can provide for your loved one and also for the Task Force.

Contributions to the Task Force Foundation are tax-deductible to the full extent allowed by the law. ©2013.

Gifts to the Task Force Action Fund are not charitable gifts for purposes of the charitable tax deduction.

The information above is for educational purposes only and is not intended to convey legal advice. The National Gay and Lesbian Task Force urges you to consult with an estate planning professional in your area to receive the best guidance for your individual situation.

The following list of donors was updated on July 1, 2012. If you believe any listing below is incorrect, please contact Janice E. Thom at 646.358.1467 or via email at jthom@theTaskForce.org.

Bequest Circle Gifts
In fond memory of Bequest Circle donors

$1 Million+
Estate of Clarence E. Anderson (2002)
Estate of Ric Weiland (2007)

$150,000 to $999,999
Estate of LeClair Bissell (2009)
Estate of John P. Fludas
Estate of Fleet E. Nuttall (2009)
Estate of William Zilko (2007)

$25,000 to $149,999
Estate of Bertram H. Behrens (2005)
Estate of Alice Dyer
Estate of Robert L. Kehoe (2004)
Estate of Craig H. Lindhurst (2002)
Estate of George Nemeth (2006)
Estate of John R. O'Leary
Estate of Julia L. Pell (2006)
Estate of Lee S. Ross (2005)
Estate of Donald E. Watson (2009)
Estate of Robert S. White
Estate of James Wozniak

$5,000 to $24,999
Estate of William T. Bebermeyer (1992)
Estate of Stephen D. Clover
Estate of James A. Davidson (1997)
Estate of Orton L. Ehrlinger
Estate of Luke F. Farrell (2006)
Estate of John R. Hoffman
Estate of Steven D. Kaeser
Estate of Kenneth E. Kesselring (1997)
Estate of Lawrence J. Messenger (1997)
Estate of William A.K. Ryan
Estate of Harry Seagal (2001)
Estate of Marc A. Triebwasser (2010)
Estate of Josef Van der Kar (2006)
Estate of Jaroslav E. Zivney (2001)

to $4,999
Estate of Em Olivia Bevis
Estate if John L. Chamness, Jr.
Estate of Winefred Cottrell (1993)
Estate of Richard Homan (1995)
Estate of Earle R. Hopkins
Estate of Wayne McCaughan (1994)
Estate of Dale Norris Shaw (1996)
Estate of James L. Tanner
Estate of Craig J. Witt (1997)
Estate of Roy Glenn Wood (2005)
Estate of Morgan Young (2006)




LEGACY CIRCLE MEMBERS
The following individuals have named the Task Force in their estate planning.
David I. Abramson
Michael Bath
David A. Bjork & Jeff Bengtson
Marsha Botzer
Thomas Boyd
Barbara Brown & Sandra De Legal
Jennifer M. Buchwald
Margaret A. Burd & Rebecca Brinkman
Julie Childs & Sara Speargas
Craig M. Desoer & Dmitry Kitsov
Ross Draegert
Richard Fremont-Smith
Stephen A. Glassman
Joe Goenaga
Mary E. Harper & Marigene Arnold
Daniel A. Harris & Jane Buttars
John Hubschmitt
Rachel M. Hurst
Kent Johnson & Cody Blomberg
Dr. Ronald Kendall & Harold Kendall
Linda Ketner
Harold D. Kooden, Ph.D.
Marilyn Lamkay
Lester H. London
Donna Marburger
Sean Melton
Naomi Metz & Jennifer Foley
John H. Moe
John Perez
Kenneth Ranftle
Charles W. Robbins & Damon Romine
Anthony Rominske
Russell David Roybal
Fred B. Schaefer
J. Schmidt
Marianne G.C. Seggerman
Larry Siegel
Michael Staeb
Robert J. Starshak, M.D. & Ross Draegert
William Stein
David J. Thomas
Loet VanDerveen
Harry K. Willwater & Hal L. Barker
Edith S. Windsor
Douglas Wingo & Tim Legg
Harvey Zuckman & Phil Oxman