LEGACY
Welcome to the American Lung Association’s
Legacy planned giving online newsletter.
Here, you can find stories about how your support impacts lives across the country by improving lung health and preventing lung disease. We hope you enjoy these stories and will share your feedback with us.
Articles in this Issue
Leadership and Legacy
Harold P. Wimmer, President & CEO of the American Lung Association, and Legacy Society member
— Harold P. Wimmer
Read More
As a grandfather to three, Harold feels the urgency of addressing the impacts of climate change on air quality. He’s determined to lead the Lung Association’s efforts to fight these threats and ensure clean, healthy air for future generations. For Harold, this mission is about more than policy; it’s about protecting the people we love.
Looking back, Harold is deeply grateful for the hundreds of thousands of volunteers whose passion and dedication make our work possible. He’s proud of the Lung Association’s ongoing efforts that change lives every day. He is especially excited about the groundbreaking Lung Health Cohort Study, which has the potential to uncover new risk factors for lung disease, leading to prevention and early intervention that could save countless lives.
To ensure that this critical work continues for generations to come, Harold has joined the Legacy Society, pledging to support the mission that has shaped his career and life.
COPD Action Plan & Management Tools
Our new, easy-to-use COPD Action Plan guides individuals through step-by-step processes to create daily plans for managing their disease. Your COPD action plan will include information about what to do when you are feeling well, what to do when you have symptoms and what to do when your COPD symptoms are getting worse.
The new COPD Basics Booklet provides a go-with-you guide of crucial information for those living with COPD. You can learn more about COPD and gain better management tools with this free resource.
These important, life-changing resources for anyone living with COPD and their support persons are made possible by dedicated supporters like you.
Download your COPD Action Plan and COPD Basics Booklet
Receive Lifetime Income and 2024 Tax Benefits While Helping to Defeat Lung Disease
When you create a charitable gift annuity, you or another person you choose, can receive an annual income for life, all while supporting the Lung Association’s research, education and advocacy that will help save lives now and for generations to come.
How it works:
You donate cash or appreciated assets such as stock worth $20,000 or more to the American Lung Association. In return, you and/or another individual will receive fixed payments for life.
Payment rates can go as high as 9.7 percent, depending on your age (you must be 55 or older). If you don’t need the income immediately, you can schedule payments to begin at least one year after your donation. The longer the deferral period, the higher your payment rate.
“Your payment will never change, regardless of how the stock market fluctuates. As annuity rates have increased, making a charitable gift annuity with the American Lung Association is an even more attractive investment.”
— Jon Rosen, Legacy Society Member
Learn More About Making a Charitable Gift Annuity
Sample rates for a one-life immediate charitable gift annuity | ||
Age | Lifetime Annuity Rate | % of Payment Tax Free |
65 | 5.7% | 77.7% |
70 | 6.3% | 76% |
75 | 7.0% | 71.7% |
80 | 8.1% | 67.4% |
85 | 9.1% | 62.4% |
90 | 10.1% | 57.1% |
Sample Rates* Please note that this information is not intended as legal or tax advice. Always consult an attorney or financial advisor to discuss the best options for your situation.
Why a charitable gift annuity is a good idea:
- Guaranteed fixed lifetime income with no stock market risk
- Current income tax charitable deduction
- Possible tax-fee income
- Potential estate tax savings
- Ability to direct your gift to a specific purpose at the Lung Association
With the passing of the SECURE Act 2.0, donors are now able to fund a one-time charitable gift annuity with a qualified charitable distribution from your IRA! Contact our Assistant Vice President of Individual and Planned Giving, Cheryl Smoot, at Cheryl.Smoot@Lung.org or 312-801-7642 to learn more today.
LUNG FORCE: 10 Years of Lung Cancer Improvements
2024 marks the 10th anniversary of the Lung Association’s movement to defeat lung cancer—LUNG FORCE. Through education, advocacy and research, LUNG FORCE is working to ensure that fewer people are diagnosed and those living with the disease live longer.
Together, we have made incredible strides over the past decade:
- Provided over $30M for lifesaving research
- Increased awareness about lung cancer from 3% to 29% in the general population
- Helped more than 1M people learn if they were at high risk for lung cancer
- Improved the lung cancer survival rate to 37%
- Championed the development of more than 40 new lung cancer treatments which have been approved by the FDA.
Your support makes this life saving work possible, now and for generations to come.
Visit LUNGFORCE.org to see how you can get involved.
Your legacy could be a world free of lung disease. I’m here to help.
Your gift will make a lasting impact by helping save lives for years to come.
Cheryl J. Smoot
Assistant Vice President,
Individual and Planned Giving
Phone: 312-801-7642
Cheryl.Smoot@Lung.org
We are here to answer any questions and to discuss these options to achieve your personal and philanthropic goals. Please email us with any questions you may have.