Planned Giving & LEAP Legacy Society
Planned Giving Options
Become a member of the LEAP Legacy Society by including LEAP in your estate plans. Here are a few ways to do so:
Bequest: Remember LEAP in your will
One of the simplest and most meaningful planned gifts is to remember LEAP in your will, where you can designate either a specific dollar amount or percentage of your estate to LEAP. Countless young LEAPers will benefit from your foresight to include LEAP in your will, and your generous gesture serves as an example of the values you hold dear.
Sample Language: “I give and bequeath to Leadership, Education, and Athletics in Partnership, Inc., a not-for-profit corporation, with principal offices presently located at 31 Jefferson Street, New Haven, CT, 06511, the sum of _____ (or _______% of my estate), to be used for the accomplishment of its general purpose.”
Retirement Plans: Name LEAP as a beneficiary, or transfer directly
Naming LEAP as a beneficiary of your 401k, IRA, or other retirement accounts is incredibly impactful for your heirs and for LEAP. Retirement accounts that have grown tax-free over time are generally the most desirable assets for charitable giving, as they are taxable to heirs when inherited.
Additionally, with an IRA, you can donate up to $100,000 of your required minimum distribution (RMD) annually for those over 72 years old and retired directly to LEAP through a Qualified Charitable Distribution, reducing your adjusted gross income for tax and Medicare payment calculations.
Life Insurance: Transfer ownership of a policy or make LEAP a beneficiary
Often overlooked as a method of planned giving, there are many ways for a life insurance policy to benefit LEAP. Adding LEAP as a beneficiary of your life insurance policy, transferring ownership of a paid-up life insurance policy to LEAP, or taking out a policy and making LEAP the owner and beneficiary will greatly benefit LEAP and the children we serve.
Charitable Trust: Create income for yourself and transfer assets to LEAP later
A charitable trust arrangement will allow you to use your assets to create a stream of income for yourself or your beneficiaries. You can transfer the principal assets to LEAP once the trust has terminated, or you can name LEAP as a beneficiary of the generated income, and return the assets to your family after a specified number of years.
Questions: Contact us for more information
For more information or to talk further about a planned gift, please contact LEAP’s Director of Development, Rachel Kline Brown, at (203) 773-0770 or . Please also consult your financial or legal advisor who understands your specific situation before making a planned gift.
If you have already included LEAP in a bequest or other planned gift, we thank you and hope you will let us know by contacting Rachel.
LEAP Legacy Society
Those who make planned gifts to LEAP will receive membership in the LEAP Legacy Society, a community of like-minded individuals who love New Haven and truly care about New Haven's youth. In addition to the satisfaction of making a tangible difference in the lives of thousands of children, admission into the LEAP Legacy Society offers the following benefits:
An Annual Lunch at LEAP with select Counselors, Program Staff, Board Members, and Executive Director, Henry Fernandez
The opportunity, if you agree, to be publicly recognized as a LEAP Legacy Society Member in LEAP publications
A personal tour of LEAP by our Executive Director, Henry Fernandez, and a LEAP board member during the LEAP season of your choice
Recognition at our Annual LEAP Year Event Reception in printed materials and during the program, if you choose
A Legacy Society Pin given only to those supporters who have remembered LEAP in their will or estate plan
"LEAP depends on people's generosity. I want to ensure the future of an organization that I love, so I am supporting it while I am alive — and then I am leaving something for LEAP in perpetuity. I have supported LEAP for 26 years. Like many of my peers, I can now consider how to support LEAP for the years to come."
LEAP Legacy Society Member
If you have included LEAP in your estate plans and wish to be a part of the LEAP Legacy Society, we thank you and hope you will let us know by contacting Rachel at email@example.com.