Placing Autism Speaks in your will or trust, or any other estate plan, can be one of the most impactful ways to support our work. It gives you the satisfaction of supporting our mission of promoting solutions for the needs of people with autism and their families while still providing for your own financial security during your lifetime.
There are several options to choose from and discuss with your attorney, banker, or financial advisor. Naming Autism Speaks in your will or trust is a simple and easy way to give.
Simple Ways to Give That Cost You Nothing
Naming Autism Speaks as the beneficiary of any of these accounts
- Life insurance policies (primary or successor beneficiary)
- Individual retirement accounts (IRA)
- Commercial annuities
- Checking, savings or other financial accounts
Just contact your bank, insurance company or retirement account holder and request a beneficiary designation form. To complete the form, use our legal name and Federal Tax ID.
Legal Name: Autism Speaks, Inc.
Address: 1060 State Road, 2nd Floor
Princeton, NJ 08540
Federal Tax ID Number: 20-2329938
Making a gift from your IRA
The Pension Protection Act provides that IRA owners age 70 ½ or older may donate all or a portion of their IRA, up to $100,000, and avoid income taxes that would ordinarily incur with normal distribution. The transfer must be made directly from the IRA to Autism Speaks through your IRA administrator or you may write a check payable to Autism Speaks from your IRA checkbook.
Gifts That Pay You Income
Charitable Remainder Trust (CRT)
A CRT provides you or your designated beneficiaries with a stream of income for your lifetime or term of years. After the trust terminates, the accumulated principal, or "remainder," goes to Autism Speaks.
The trust itself is tax-exempt, so appreciated assets such as stock, can be put in the trust and sold without incurring capital gains tax. A charitable remainder unitrust pays an annual percentage rate of return, so the payout will vary depending on the principal in the trust at the end of each year. An immediate income tax reduction deduction is received on a portion of the value of the trust. A charitable remainder annuity trust pays a fixed annual amount regardless of the principal in the trust.
Charitable Lead Trust
A charitable lead trust provides for a gift of payment from assets for a set number of years. At the termination of that set period, the trust assets pass to you or the individuals you designate.
Gifts in Your Will or Living Trust
A gift in your will or living trust, otherwise known as a charitable bequest, allows you to list Autism Speaks as a beneficiary with a fixed gift amount or a percentage of your estate and allows you to retain control of your assets during your lifetime.
Sample Bequest Gift Language
I give to Autism Speaks, Inc. currently located at 1060 State Road, 2nd floor, Princeton, NJ 08540 ________________(insert specific dollar amount or percentage) in support of its mission. Federal tax identification number: 20-2329938.
Before proceeding, consult with your tax advisor to discuss your situation, including the possible impact of your state's tax laws.
If you or your advisor would like more information or have questions, call Leadership Giving at: (646) 385-8699 or email ImagineWhatCanBe@autismspeaks.org