Got space in your will for an Alexandria nonprofit?
ACT for Alexandria and Senior Services of Alexandria just launched Think Ahead Alexandria, the city’s new legacy giving campaign.
“Legacy giving, sometimes referred to as planned giving, legacy planning, or estate giving, is a donation made by an individual through a will or other formal designation and provides a way for donors to make a substantial gift because it leverages their net wealth through their estate,” ACT for Alexandria said in a statement. “While these gifts are often realized in the future (typically upon someone’s death), legacy gifts can involve a range of complex structures, from bequests, to endowments, to trusts and annuities.”
ACT for Alexandria raises millions for nonprofits every year in its Spring2ACTion fundraiser.
“It’s an extremely important part of modern philanthropy and helps create a strong foundation for nonprofits as they look to tomorrow,” ACT CEO Heather Peeler said. “With so much passion for philanthropy here in the city, we have an incredible opportunity to make sure that both donors and nonprofits in Alexandria are connected through legacy giving, focusing on what they’re passionate about, and making sure that their support is set from today to far into the future.”
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