PLANNED & LEGACY GIVING
Legacy Is Not Leaving Something for People, It Is Leaving Something In People
Plan so your generosity continues to have an impact for generations to come.
Planned giving ensures good stewardship of your assets by increasing benefits for you and your family. Gifts through Lebanese Empowered Against Poverty help us empower thousands of families around Lebanon by providing us with the resources needed to develop and fund our sustainable programs.
Leaving a bequest to LEAP in your Will or Trust is the most common type of legacy gift. A bequest is a transfer of personal property as directed by specific provisions of a person’s Will or Trust after one’s lifetime. A charitable bequest is when an individual designates a charitable organization as the recipient. By including a bequest to Lebanese Empowered Against Poverty in your Will, you are directly contributing to the lasting impact of the work we do for generations to come.

FOUR WAYS TO LEAVE A GIFT IN YOUR WILL OR TRUST
Leave a residual bequest, where the remainder of your estate is left to LEAP after providing for your family
The residue of the estate: “I bequeath to Lebanese Empowered Against Poverty all of the residue (or remainder) of my estate for its own use absolutely.”
Leave a percentage of your estate
Percentage of the total estate: “I bequeath to Lebanese Empowered Against Poverty __% of my estate in its entirety for its own use absolutely.”
Leave a contingent bequest, a share of your estate after your other beneficiaries have passed on
Contingent Bequest: “I bequeath to Lebanese Empowered Against Poverty the remainder of my estate after my family heirs pass.”
Benefits
DISCLAIMER
The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisors concerning the specific consequences of making gifts to Lebanese Empowered Against Poverty. We would be pleased to discuss, in confidence, ways in which you may support LEAP. These measures may also have an impact on your estate planning.

GIFTS FROM RETIREMENT PLANS
Naming Lebanese Empowered Against Poverty as the beneficiary of a retirement plan such as an individual retirement account (IRA), 401(k), 403(b), or other qualifying retirement plan is a great way to fully utilize your retirement assets and fulfill your charitable intentions.

THE BENEFITS OF DESIGNATING LEAP
DISCLAIMER
The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisors concerning the specific consequences of making gifts to Lebanese Empowered Against Poverty. We would be pleased to discuss, in confidence, ways in which you may support LEAP. These measures may also have an impact on your estate planning.

IRA CHARITABLE ROLLOVERS
An individual retirement account, commonly known as an IRA, is an investment account utilizing current tax benefits to better prepare one for financial security after retirement. You can transfer a portion of your IRA to Lebanese Empowered Against Poverty to maximize your tax deductions, all while supporting the work of our organization.
The Internal Revenue Service (IRS) requires anyone, who has reached the age of 70-½ years, and who has a tax-deferred retirement account, such as IRAs, to annually withdraw a minimum amount from these accounts and pay taxes. The amount, referred to as the Minimum Required Distribution (MRD), depends on the balance of your retirement account at the end of the previous calendar year.

Requirements and restrictions for making an IRA charitable rollover gift
- The gift must be made directly from the IRA to Lebanese Empowered Against Poverty
- Gifts to all charities combined cannot exceed a total of $100,000 per taxpayer for the year
- The gifts must be outright, and no material benefits can be received in return for the gifts. Thus a transfer for a gift annuity, charitable remainder trust, or pooled income fund is not permitted
- Gifts cannot be made to a donor-advised fund, supporting organization, or private foundation
An IRA rollover may be the right gift for you to make if:
- You would like to make an additional charitable gift, but it would not be deductible because of the annual limitation of 60 percent of adjusted gross income for charitable contributions. The IRA charitable rollover is equivalent to a deduction because it is not included in taxable income.
- You want to make a charitable gift and your IRA constitutes the largest share of your available assets.
- You are required to take a minimum distribution from your IRA, but you do not need additional income.
INFORM US
The organization requests that donors who have chosen to include Lebanese Empowered Against Poverty in their Will or Trust to inform the organization about the bequest provision. This will help LEAP provide better service to the donor and to the estate. If the donor is willing, LEAP also requests that the donor provide a copy of that section of the Will or Trust naming the organization as a record.
For more information on making a bequest or informing LEAP of your intention, please contact call (407)789-1410, or email donations@leapforlebanon.org
DISCLAIMER