Year-end Gifts Provide Special Benefits For You…

The fall months with their freshness and energy always bring an increase in the charitable gifts to Fox Chase Cancer Center from many devoted friends. Your support is important to us and critical to our continued progress in research and cancer care. Because we value your continued support, we'd like you to know that there are a number of ways your gift can provide you with benefits as well.

Many donors will take advantage of a limited opportunity to make charitable gifts from their Individual Retirement Accounts. Under current law, individuals age 70-1/2 or older can make these gifts until December 31, 2007. Your charitable withdrawal will count toward your minimum-required distribution for 2007 but will be excluded from your taxable income. To qualify for these tax benefits, your plan administrator must make the payment directly to Fox Chase Cancer Center.

If you prefer to retain an income stream from your assets, you may wish to join the many donors who have invested in Fox Chase Cancer Center's mission by establishing a Charitable Gift Annuity (CGA). A CGA enables you to make a meaningful gift to Fox Chase and receive fixed lifetime annuity payments. Rates are based on your age at the time you begin receiving payments and range from 5.6 percent—for a couple age 65—to over 11 percent for a single donor age 90. Better yet, your annuity payments will be partially tax-free!

"There are so many options right now," says Linda Fischler, senior director for planned giving. "Our planned giving office will work with you or your financial advisor to make the process simple. If there is a way that your gift will benefit you, we'll help you find it."

For additional information about gift planning options, call 215-728-2811.