The ACBL Educational Foundation is a registered 501(c)(3) non profit organization #58-1733600. Your donation is tax deductible to the extent allowable by law. No goods or services will be provided in return for this contribution.
Create a Legacy
While your estate plan comprises various legal and financial documents, it can also serve as a final message that reflects your personal values and leaves a lasting legacy by which your family and community will remember you.
Planned gift options include:
Bequests
Charitable bequests generate much of the philanthropy at work today to “keep bridge alive.” By designating the ACBL Educational Foundation as a beneficiary of your will or living trust, you can make an impact beyond measure. You can name a specific dollar amount, a percentage of your estate, or the remainder of it.
IRA & Retirement Plan Assets
You can name the ACBL Educational Foundation as the designated beneficiary of a retirement plan such as your IRA, 401(k) or 403(b). This is an effective way to make a charitable gift since it will not be subject to either estate or income taxes.
Life Insurance
You can make a gift of life insurance by irrevocably designating the ACBL Educational Foundation as the owner and beneficiary of your policy. You can also name the Foundation as a partial or contingent beneficiary of a policy on your life.
Charitable Remainder Trust
You can realize the tax advantages of making a gift now — especially of appreciated assets — while still receiving income from the assets through a Charitable Remainder Trust. After providing income to you during your lifetime, the remaining assets can be used to grow the ACBL Educational Foundation endowment.
Charitable Lead Trust
A Charitable Lead Trust distributes income to the ACBL Educational Foundation endowment for a period of years or during your lifetime. The assets then return to you or surviving family members. Lead Trusts can enable you to make a significant gift to us and transfer assets to family members while saving taxes.
The ACBL Educational Foundation Legacy Society
If you have made arrangements for a future gift to the ACBL Educational Foundation, we would like to thank you. We hope you will consider letting us know your plans so that we can honor you as a member of the Foundation’s Legacy Society and introduce you to other generous bridge enthusiasts. As a Legacy Society member you are invited to exclusive special events. You can choose to be recognized publicly or remain anonymous.
Charitable Distributions from IRAs
If you are 70½ or older, you may make gifts totaling up to $100,000 a year directly from your IRA to qualified charities.
The benefits of making a gift to the ACBL Educational Foundation satisfies the required minimum distribution, but is not included in your taxable income. You will also avoid income tax on your IRA withdrawals, and you will be supporting the important programs of the Foundation with a tax-free gift.
Gifts of Securities
A gift of an appreciated stock which you’ve held for more than a year is better than giving cash.
If you donate stock that has increased in value since you bought it – and if you itemize deductions — you can take a charitable deduction for the stock’s fair market value on the day you give it away. You’ll also avoid capital-gains taxes on the increase in value over time, which you would have had to pay if you sold the stock and then donated the cash proceeds to the Foundation.
Questions? Contact us.
Corporate Giving
Does your company have a matching gift program?
Typically, companies with these programs will match your charitable donation, dollar for dollar, effectively doubling the value of your gift to the ACBL Educational Foundation. As such, your company receives the boost of increased visibility and philanthropy, and you are able to direct their gift to us to make an even greater impact.
Individual Donations
The ACBL Educational Foundation is a non-profit organization that provides grants for ideas that help support the promotion and growth of bridge.
The Foundation trustees serve at their own expense allowing nearly 100% of all donations to be distributed to benefit the promotion of bridge.
Your donation to the ACBL Educational Foundation is very much appreciated and is tax deductible.
DonatePlanned Giving
Planned giving allows anyone to make a substantial contribution to American Contract Bridge League Educational Foundation — regardless of income or financial status. It is a way to level the playing field, giving everyone a chance to become a philanthropist and make a difference. And it provides significant financial benefits to you as well.
Learn More