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Norman Todd is hoping to play a role in helping future patients discover his same quality of life by taking part in a Foundation-funded clinical trial. “I appreciate all that the people who went before me did to help develop new treatments, and I want to do what I can to help someone else in the future.” Continue Reading

Norman Todd

When you consider all the things you’d like to pass on to your children, cancer certainly doesn’t make the list. But given her family’s history, Ann Best knew it was a possibility. After much deliberation, Ann underwent genetic testing and many family members followed. Knowing the important role the Foundation plays in helping promote and advance testing locally; Ann remains a vocal advocate, serving as a volunteer, donor and board member. “For my kids, I want to see really good research continue right here. The Foundation helps keep Illinois CancerCare on the cutting edge of treatments and therapies.” Continue Reading

Ann Best

Financial Asset Giving

Charitable Gift Annuities

You Give. You Receive.

There’s a way for you to support Illinois CancerCare Foundation and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.

This type of donation can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.

Commercial Annuities

A Smart Gift to Leave to Illinois CancerCare Foundation

We Can Receive Your Commercial Annuity Tax-Free

Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, Illinois CancerCare Foundation can receive your commercial annuity completely tax-free. The best way to give a commercial annuity in support of our work after your lifetime is to name us as beneficiary. Making this gift is as simple as updating your beneficiary form with your bank or insurance company. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.

Beneficiary Designations

Beneficiary Designations Are Easy and Flexible

Not everyone wants to commit to making a gift in their will or estate. Some prefer the increased flexibility that a beneficiary designation provides by using:

  • IRAs and retirement plans
  • Life insurance policies
  • Commercial annuities

It only takes three, simple steps to make this type of gift. Here’s how to name Illinois CancerCare Foundation as a beneficiary:

  1. Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
  2. Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you chose, on the beneficiary form.
  3. Return the completed form to your plan administrator, insurance company, bank or financial institution.
Donor Advised Funds

Support the Important Causes in Your Life
Harness the Giving Power of a Private Foundation

A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Illinois CancerCare Foundation and other charities. You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend-but not direct-how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.

In return, you qualify for a federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.

Information for Professional Advisors

Tools for Professional Advisors

Legal name: Illinois CancerCare Foundation
Federal tax ID number: Please contact us for our federal tax ID number.
Located in: 8940 N. Wood Sage Road Peoria, IL 61615

See the Benefits Today

Provide your clients with a free, no-obligation illustration of their gift to Illinois CancerCare Foundation with our Gift Illustrator tool. Instantly calculate deductions, tax savings and other benefits for multiple gift types.

Make a Gift to Illinois CancerCare Foundation in Your Will

If your clients are interested in supporting Illinois CancerCare Foundation with a gift in their will, we have provided sample bequest language that they can bring to their estate planning attorney.

Partner With Us

We understand that gifts to charities such as Illinois CancerCare Foundation can be an important part of your clients’ overall financial and estate plans. That’s why we’re committed to working with you to ensure that your clients find the charitable arrangements that best meet their needs. We believe that charitable planning is a process that ideally involves the donor, professional advisors and our gift planning staff—all working together to arrange the best gift possible.