Planned Giving

What is a planned gift?

A planned gift is a donation that will be given to a charity at a future date.

Typically, a planned gift is made through financial or estate planning and is a gift designated in your will or trust.

How can planned giving be beneficial to me and to a charity?

A planned gift gives you a chance to leave a legacy with an organization that accelerates a mission you value.

A planned gift gives you the opportunity to designate how your assets will be used in the future. If you have a commitment to an organization during your lifetime, a planned gift gives you the ability to support that organization for an extended period, even after your lifetime.

Some planned gifts can provide income for you (and if desired, another person) for the rest of your life and that of the other person.

Some planned gifts are revocable, excluding those that provide income to you and/or another person, which means if your circumstances change, you can change your intent.

With retirement assets, your heirs may need to pay income tax, if income tax was not paid when the asset went into the plan. If that asset goes to a non-profit organization, the organization does not need to pay any deferred income tax. More of the asset goes to a non-profit than would go to an heir.

How do I include the Radiation Oncology Institute in my will?

You should consult with your attorney and add a provision to your will. You may be able to add a codicil to your will without needing to change the actual will.

Sample wording for a provision in your will:

Legal Name:
The Radiation Oncology Institute
251 18th Street South, 8th Floor
Arlington, VA 22202

Tax ID Number: 51- 0178702

Unrestricted Bequest
I, (full name) of (city state, zip code), give, devise and bequeath a gift of (insert amount of cash, percentage of assets or description of property) to the Radiation Oncology Institute (tax ID number: 51-0178702) for the use and benefit of the Radiation Oncology Institute.

How can I make a gift through my retirement plan or insurance policy?

To make a provision of the Radiation Oncology Institute through a retirement plan or insurance policy, you should contact the person who can change your beneficiaries; remember that assets can be divided among multiple beneficiaries.

May I designate how my planned gift is used by the Radiation Oncology Institute?

While unrestricted gifts allow ROI to use the dollars wherever the need is greatest, you may designate that your planned gift be used for a specific purpose if that purpose is within the scope of work of ROI. For example, gifts may be designated for research or for endowment. A gift for specific types of research and other gifts for purposes that are outside the projects conducted by ROI may not be able to be used.

What is the ROI Legacy Circle?

A recognition program for those individuals who make a provision for ROI in their will, through a retirement plan or insurance policy, or with a trust to benefit the Radiation Oncology Institute. By recognizing those who have made provisions for ROI, others are encouraged to follow the example and, likewise, make provisions for ROI in their plans.

As a member of the ROI Legacy Circle, you'll receive an invitation to the ROI Lunch, held annually during the ASTRO Annual Meeting, VIP seating during a keynote session at the ASTRO Annual Meeting, and recognition throughout the year online and in-print.

If you name the Radiation Oncology Institute as a beneficiary in your will, retirement plan, insurance policy or trust, please complete and return the gift intention form so that you can be recognized for your commitment.

If I, my attorney or advisors, or members of my family have questions, to whom should we refer those questions?

For questions about planned giving and about the ROI Legacy Circle, please contact
Ashlee Droscher, CFRE

This information is not intended as legal or tax advice. 
For legal or tax advice, please consult an attorney.