Legacy Gifts
Launched in September 2019, the Legacy Society of the Orthopaedic Foot & Ankle Foundation recognizes the AOFAS members, friends, and other supporters who have made provisions in their estate plans to leave a bequest or other planned
gift to benefit AOFAS and Foundation programs. To join the Legacy Society, complete a planned gift commitment form or email the Foundation office at foundation@aofas.org to discuss your gift.
Donations from your IRA
If the IRS makes you take an annual Required Minimum Distribution from your IRA, you can ask your plan administrator to send a portion to the Society and reduce your taxable income dollar for dollar. While it is not counted as a charitable
gift, it can reduce your taxable income by as much as $100,000. Please email foundation@aofas.org for more information.
Effective January 1, 2020, the SECURE Act increases the age retirees must begin taking taxable withdrawals from their retirement savings from 70 1/2 to 72. It does not, however, increase the age an IRA owner can take a qualified charitable deduction;
that age remains at 70 1/2.
Long-term Appreciated Securities
Make your charitable dollars go farther by giving stocks, bonds and/or mutual funds directly to the Foundation. If you have securities you have owned for at least a year that have increased in value, you will get credit for the full fair market value,
and will not have to pay taxes on the increased value. You support the Foundation while avoiding capital gains taxes and the new tax on net investment income. Additionally, if you have stock that has decreased in value, consider selling it and donating
the cash to the Foundation in order to claim the loss when you file your income taxes. Contact the Foundation at foundation@aofas.org for more information.
Gifts from a Donor Advised Fund
A donor advised fund (DAF) is a charitable giving vehicle that offers individuals the flexibility to make grant recommendations to organizations like the Foundation. We are grateful to those who support the Foundation with this type of gift distribution.
Contact the Foundation at foundation@aofas.org for more information.