Lebanese DNA Legacy

Lebanese Diaspora Network Association

Endowments

A Gift That Lasts Forever

Throughout our lifetime, most of us strive to make a difference in the lives of others, providing gifts to the people and causes we value. Wouldn’t it be nice to know that you could continue to change lives even after you are gone—creating a legacy of support for the causes most important to you? By creating an endowment with our organization—or adding to our existing endowment—you can give a gift that lasts forever.

How It Works

• You give cash, securities, or other assets to an existing endowment or an endowment you create with our organization. If you can’t give up assets today, consider making the gift in your will or other estate plan, specifying that you would like your gift to be used to fund an endowment.
• You determine if your endowment will be designated to fund a specific program or service or given without restrictions to allow our board of directors to direct the fund to our most critical needs.
• We use a small portion of the fund to support our mission, but the balance always remains invested in order to perpetuate the fund.

LDNA

Endow Your Annual Gift

Make a plan so that the programs and goals most important to you continue thriving after your lifetime.

A Case Study of Benefits

For many years, Susan has been writing a check for $5,000 to our organization. She wants to continue this giving and create a legacy of support after her lifetime. She decides to update her estate plan and establish an endowment gift in her will of $125,000. When the gift is made, we use a portion of the endowment each year to fund our programs and reinvest the remainder, allowing it to grow and support annual payouts indefinitely. This generous arrangement allows Susan to continue supporting our current needs each year during her lifetime and ensures she can support our future needs after her lifetime.

We Can Help

We would love to work with you to help you create a lasting legacy that honors your values for many years to come. Please contact us today to learn more about establishing an endowment with our organization.

Gift of Cash

One of the easiest and most common ways for you to support the Lebanese Diaspora Network Association is with a gift of cash. Cash can be used to support our work in the form of:

An outright gift. By making a cash gift by check, credit card or money order today, you enable us to meet our most urgent needs and carry out our mission on a daily basis. You will have the opportunity to see your generosity in action and will also receive a federal income tax charitable deduction, when you itemize.

A payable on death (POD) account. A POD bank account or certificate of deposit names one or more persons or charities as the beneficiary of all funds once you, the account owner, pass away. The beneficiary you name has no rights to the funds until after your lifetime. Until that time, you remain in control and are free to use the money in the bank account, change the beneficiary or close the account.

There are several other ways to make cash donations as part of the gift types below. To learn more, please refer to the information below:

Ways to Use Cash

• A gift in your will or living trust.
• You want to leave money to Lebanese Diaspora Network Association in your will. You alsowant the flexibility to change your will in the event that life circumstances change. You can do both.
• In as little as one sentence, you can complete your gift. This type of donation to Lebanese Diaspora Network Association in your will or living trust helps ensure that we continue our mission for years to come.

• A charitable gift annuity.
• There’s a way for you to support Lebanese Diaspora Network Association and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.
• This type of donation can provide you with regular payments andallow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.

• A charitable remainder trust.
• If you have built a sizable estate and also are looking for ways to receive reliable payments, consider a charitable remainder trust.
• These types of gifts may offer you tax benefits and the option for income. There are two ways to receive payments and each has its own benefits:
• The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.
• The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.

• A charitable lead trust.

You can benefit from the tax savings that result from supporting Lebanese Diaspora Network Association without giving up the assets that you’d like your family to receive someday with a donation in the form of a charitable lead trust.

There are two ways that charitable lead trusts make payments to Lebanese Diaspora Network Association:

A charitable lead annuity trust pays a fixed amount each year to Lebanese Diaspora Network Association and is more attractive when interest rates are low.

A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust’s assets go up in value, for example, the payments to  go up as we Lebanese Diaspora Network Association.

• A donor advised fund.
• A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Lebanese Diaspora Network Association and other charities.
• You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend—but not direct—how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.
• In return, you qualify for a federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.

• Memorial and tribute gifts.
• If you have a loved one who has been impacted by Lebanese Diaspora Network Association, establishing a memorial or tribute gift is a meaningful way to honor your loved one or celebrate a special occasion such as a birthday while supporting the work of our mission. Your memorial or tribute gift will be a lasting tribute to your loved one and make a difference in the lives of those we serve.

• An endowed gift.
• An endowment gift to Lebanese Diaspora Network Association today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
• Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs of Lebanese Diaspora Network Association. The remaining funds are reinvested to ensure indefinite support.

Tangible Personal Property

Your treasures like valuable antiques, stamp and coin collections, works of art, cars, boats, and other personal property can make suitable charitable gifts today or after your lifetime. The financial benefits of the gift depend on whether we can use the property in a way that is related to our mission.

Related use property—e.g., a piece of artwork donated to an art museum—is deductible at the full fair market value. Any other property is deemed nonrelated use property and the deduction would be limited to the lesser of fair market value or your tax basis in the property.

If the federal income tax charitable deduction claimed for a gift of tangible personal property exceeds $5,000, you must obtain an appraisal from a qualified appraiser and submit a special IRS (U.S. Internal Revenue Service) form with the tax return on which the deduction is claimed.

Appreciated securities

Real Estate