Planned Giving

A planned gift is a special type of gift that will not impact your cash flow, lifestyle or family security during your lifetime. Planned gifts can result in potentially significant tax benefits and charitable deduction opportunities, and they are easy to adjust or revoke if your circumstances change in the future.

There are many types of planned gifts. Here are a few of the most common:

Bequest

You can outline a bequest in your will, which is a legal document specifying how your property will be distributed after your death. Bequests can be set up as a percentage of an estate, a specific gift amount and/or asset, or a residuary estate. Bequests benefit ASN, and reduce your estate’s tax liability

Beneficiary

In this method of planned giving, ASN is set up as a percentage or full beneficiary of an account. Accounts that generally enable beneficiary arrangements include bank accounts, brokerage accounts, life insurance policies, traditional IRAs and other retirement plans. A set-aside in your account can result in tax savings for your heirs, and ASN will receive part or all of your account after your death

ASN Memorial Fund & Permanent Endowments

ASN maintains a Memorial Fund, where named accounts can be established to honor a professional legacy in nutrition science. Sometimes, family members request that mourners donate in the memory of a loved one to ASN, in lieu of flowers. An account can fund a lecture or other program as well as an award, fellowship, or scholarship

An endowment is the best way to create a permanent tribute. With a major gift ($25,000-$100,000 or more), ASN will create a named fund that will support its dedicated program or award in perpetuity. An example is the E.L.R. Stokstad Fund, endowed by the Stokstad family, which extends an annual award for outstanding fundamental research in nutrition to scientists at relatively early stages in their careers.

How to Create a Planned Gift

You will likely need the below details to activate a planned gift in support of the ASN Foundation. Please email us, and we can send you draft bequest language and additional information about planned giving.

  • Our legal name is: American Society for Nutrition Foundation
  • Our tax identification number is: 45-2473558.
  • Our address is: 9211 Corporate Blvd, Suite 300, Rockville, MD 20850

ASN cannot provide legal or financial advice; you should always consult your attorney and/or financial advisor when necessary.

Once your planned gift has been established, please let us know. We are considering the establishment of a planned giving circle to recognize ASN members who have made this commitment.

Please contact ASN Foundation Vice President Keith Dillon at (240) 428-3601 with any questions.

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