More ways to give
While direct donations are the most common and simple way to support the V Foundation, there are many other ways to donate. No matter how you choose to give, know your contribution is helping to support breakthrough cancer research and related programs. Thank you for your generosity.
To find out more about how you can get involved contact [email protected].
Wills and Bequests
Supporting a philanthropic effort in a will is a wonderful way for a legacy to live on. The V Foundation is grateful to those who include us in their wills. We remain committed to continuing the dream of our late founder, Jim Valvano, to achieve victory over cancer.
Donors can set up a bequest when they work with their attorneys or legal advisors to draft their wills or revocable livings trusts.
There are four ways to include the V Foundation in your will:
- Designate a specific amount
- Designate a percentage amount
- Residual Bequest – the gift of whatever is left (the residual) after specific gifts are given
- Contingent Bequest – the contingent is the beneficiary who will receive the benefit if the primary beneficiary has died
Donors may consider a letter of intent for future donations. While not legally binding, this letter expresses the written intent of the donor(s) at the time.Legacy of Hope Giving Society
The people who support the V Foundation’s programs through planned gifts are a distinct group. We call them the “Legacy of Hope Society,” because that is exactly what these donors do: leave a legacy of hope for cancer patients and their families.
You can become part of the Legacy of Hope Society through a planned gift:
- Wills and Bequests
- Life Insurance
- Charitable Remainder Trusts
- Charitable Lead Trusts
Please notify the V Foundation if you have included us in your will or estate plans. And thank you for being a part of this distinctive group.
Transferring stock or securities to the V Foundation is a wonderful way to help fund cutting-edge cancer research. Please download and complete the Gift of Stock form, and thank you for your crucial support.
It’s easy to make gifts of stocks or securities to support the V Foundation’s fight against cancer, and it comes with significant tax advantages for you!
Financial Service Products
Some donors may want to select the V Foundation as the beneficiary of certificates of deposits or accounts at a bank or financial institution. This is done through a payable-on-death provision, where the V Foundation would only receive the remaining balance of the funds upon the donor’s passing.
If you have a retirement plan, you can select the V Foundation as a beneficiary of the remaining balance. The plan can be through your employer or your own Individual Retirement Account (IRA) or 401(k)s, 403(b)s and pension plans.
You can arrange this gift by contacting the administrator of your plan.
The V Foundation is dedicated to awarding 100% of direct donations to cancer research and programs. We do not collect a fee or hold a percentage from these donations to support our ongoing operations. We instead rely on a generous endowment fund to cover our operating expenses. This frees us to concentrate on funding more cancer research grants.What is an endowment?
An endowment is a pool of assets—a portion of which is made available for ongoing operations and other specified purposes annually. The remaining assets and investment returns are retained in the endowment to provide for growth of the endowment over time. Our endowment is categorized as a “board designated” endowment, which is different from a donor endowment that may specify research.Why give to the V Foundation Endowment?
Funding the V Foundation endowment with gifts (outright or bequests) shows you believe in our mission and recognize that cancer research is a long-term investment. Contributing to the endowment helps us carry out our mission forever.
It also helps ensure that 100% of direct cash donations go directly to fund cancer research and related programs.