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Planned Giving

Supporting the Search for a Cure

Russell and Margaret Garvin

Russell and Margaret Garvin are longtime supporters of the Glaucoma Research Foundation's important work.

"We believe in Glaucoma Research Foundation and their search for a cure."

Margaret Garvin said these words recently. Her husband, Russell, has lived with glaucoma for more than 25 years. Thankfully, his vision is stable. Russell attributes this to the care of his doctor and faithful daily use of eye drops. The recent advances in glaucoma treatment have allowed Russell to preserve his vision and inspired the Garvins to join our search for a cure. Margaret and Russell have donated to Glaucoma Research Foundation over the past two decades because they believe in our innovative, collaborative approach to curing glaucoma.

"I've always been an advocate for teamwork," says Margaret. "More gets done faster when people work together. Collaboration is absolutely critical to success."

The Garvins are especially excited about new discoveries showing how vision loss can be prevented.

Since 1978, we have funded pioneering studies that have significantly advanced the field of glaucoma research. We now know more about the molecular basis of the disease than ever before. This greater understanding of how glaucoma steals vision brings us closer to finding a cure.

Sophisticated research like ours does not happen without the belief and financial backing of friends like Margaret and Russell Garvin...and donors like you. Thanks to your past donations, we've made great strides. But we still have much more to do Our progress toward a cure for glaucoma depends on you.

"We give to Glaucoma Research Foundation every year because we feel this is the real deal," says Margaret. "We believe that this organization is unlocking, at a very speedy rate, what is behind glaucoma. A cure is not far off. Things are happening at such a fast pace now. The more money donors can give, the more people can be involved in this research, and the faster we can make the breakthroughs and find a cure."

To learn some of the ways you can be a part of our work to find a cure, contact Nancy Graydon at 415-986-3162 ext. 231 or ngraydon@glaucoma.org.

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A charitable bequest is one or two sentences in your will or living trust that leave to Glaucoma Research Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Glaucoma Research Foundation, a nonprofit corporation currently located at San Francisco, CA, or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Glaucoma Research Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Glaucoma Research Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Glaucoma Research Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and a third party where you agree to make a gift to Glaucoma Research Foundation and they, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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