Continue Supporting Our Work After Your Lifetime
Beneficiary Designations
Want to learn more about making tax-wise gifts? Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.
Passionate about supporting the Academy of Managed Care Pharmacy Foundation with our mission even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name the AMCP Foundation as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.
Not only is it an easy way to give, but it's also flexible—you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.
Check Out This Potential Scenario
Robert and Carol treasure the financial help they've been able to give their children and the AMCP Foundation over the years. Now that their kids are grown, Robert and Carol changed their estate plan so it could work harder for the people and causes they love. The couple updated their will to leave stocks and real estate to their kids. And they left us a $75,000 IRA to be transferred after their death. Because the AMCP Foundation is tax-exempt, all $75,000 will help support our mission.
If Robert and Carol had left the IRA to their children, approximately $18,000* would have gone to pay federal income taxes—leaving only $57,000 for their family's use. Robert and Carol are happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.
*Based on an assumption of a 24 percent marginal income tax bracket.
See How It Works
Learn How to Fund It
You can name us beneficiary of the following assets:
- Retirement Plan Assets
- Life Insurance
- Commercial Annuities
- Bank Accounts, Certificates of Deposit or Brokerage Accounts
Next Steps
- Contact Paula J. Eichenbrenner, MBA, CAE at 703.684.2600 ext. 605 or paula@amcpfoundation.org for additional information on beneficiary designations and how they can help support the AMCP Foundation with our mission.
- Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
- If you name the AMCP Foundation in your plans, please use our legal name and federal tax ID.
Legal Name: Academy of Managed Care Pharmacy Foundation
Address: 675 North Washington Street, Suite 220, Alexandria, Virginia 22314
Federal Tax ID Number: 22-3107061
Want to learn more about making tax-wise gifts? Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.
Make Sure You Have a Plan for All Your Assets.
DOWNLOAD OUR FREE PERSONAL ESTATE PLANNING KIT
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.