Planned Giving

The Brain Injury Association of America offers several options for planned giving. By making a financial contribution through one of our planned giving options, you can help provide help, hope, and healing to the brain injury community while also receiving financial benefits yourself. 

Retirement Beneficiaries

It is common to designate family members as beneficiaries to your retirement account, but did you know you can do the same for charitable organizations?

Naming the Brain Injury Association of America (BIAA) as the beneficiary of a qualified retirement plan, such as a 401(k), 403(b), or Individual Retirement Account (IRA), will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences.

What are the benefits of naming the Brain Injury Association of America as a Beneficiary of your Retirement Account?

By naming BIAA as a beneficiary of your retirement plan, you maintain complete control over the asset while living, and upon death, pass the asset to BIAA free of both estate and income taxes.

To learn more about naming BIAA as a beneficiary of your retirement account, in addition to our other planned giving options, download the brochure below.

Charitable Remainder Trust

Charitable Remainder Trusts are gift arrangements that enable you to contribute to the Brain Injury Association of America while providing financial support for yourself or others.

What are Charitable Remainder Trusts?

A Charitable Remainder Trust is a centralized place where you can deposit money and have it distributed to a non-profit of your choosing and/or a member of your family. These trusts not only allow you to easily manage major gifts you are giving to charitable institutions, but also provide financial benefits to you and your family.

The Benefits of Giving Through a Charitable Remainder Trust

A Charitable Remainder Trust allows you to:

• Claim a charitable tax deduction in the year of the gift.
• Retain an income stream from the gift for yourself or others.
• Remove the assets from your taxable estate and leave a substantial gift to charity.
• Avoid capital gains taxes on appreciated assets donated to the trust.

If establishing BIAA as a beneficiary of your Charitable Remainder Trust doesn’t sound like the best option for you, explore our additional planned giving opportunities by downloading our Planned Giving Brochure below.

Make a Bequest

A bequest is a gift from your estate – a transfer of cash, securities, or other property made through your estate plans. You can make a bequest to the Brain Injury Association of America (BIAA) by including language in your will or living trust to leave a portion of your estate to the Association or by designating BIAA as a beneficiary of your retirement account or life insurance policy.

Remembering BIAA with a bequest from your estate will help sustain and strengthen the Association in years to come. Some of the advantages of creating a bequest include:

• Retaining control and use of your assets during your lifetime
• The ability to modify your bequest if your circumstances change
• Tax exemptions as gifts to BIAA from your estate are exempt from federal estate taxes
• If you let BIAA know of your plans, we will be able to thank you now and recognize you as a member of our Futures Fund Legacy Society.

A bequest costs nothing today, yet gives you the satisfaction of knowing you have provided for BIAA in the future. If you’re looking for other planned giving opportunities, click here. For information about giving stocks and securities, click here.

Types of Bequests

• Residuary bequests give all or a portion of the remainder of your estate after payment of expenses and any specific amounts designated to other beneficiaries.
• Specific bequests are used to make a gift of a specific dollar amount or specific assets, such as stocks, bonds, real estate, or personal property.
• Contingent bequests in your will allow you to name an alternate beneficiary of your will, personal trust, or retirement plan in the event that one or more of your specific bequests cannot be fulfilled.

If you want to leave a legacy at BIAA, our Planned Giving Brochure can help you navigate your options. Please keep in mind that each individual situation is unique; therefore, these samples include only some of the possible gift opportunities.