Gifts that Cost You Nothing Now


GIFTS THAT COST YOU NOTHING NOW

Did you know that you can be a part of a cause that’s meaningful to you – like honoring law enforcement officers nationwide, preserving the history of American law enforcement or making it safer for active duty officers to serve by simply signing your name?

When you include the National Law Enforcement Officers Memorial Fund in your plans, you can do all of these things and more to share the story of American law enforcement with citizens everywhere.

Once your family and friends are provided for, we hope you consider making our law enforcement heroes part of your life story by honoring their service with your legacy gift.

diagram of leaving a legacy gift

Making a legacy gift in your will or trust is one of the easiest and most popular ways to inspire citizens to value law enforcement and make it safer to serve.

Here are the ways that most people make a lasting impact for the National Law Enforcement Officers Memorial Fund:

Residual bequest: a percentage of the remainder of your estate after other specific legacies have been fulfilled.

Specific bequest: a specific dollar amount or stated fraction of your estate or a specified gift in kind (collections, art, books, jewelry, and so on).

Contingent bequest: a gift that is originally intended for other beneficiaries but, in the event of their prior passing, is redirected as a charitable donation.

View Sample Gift Language

Please contact Jonsie Stone, Director of Major Gifts, at givingrelations@nleomf.org or 202-737-3400 if you have any questions.

When you make a gift for the National Law Enforcement Officers Memorial Fund from your retirement plan, insurance plan or other assets, you share the respect and honor for law enforcement that you have and inspire it in citizens nationwide.
It’s as simple as contacting the firm that holds your assets and asking them for a beneficiary form to fill out.

Retirement Funds Gift. Many people choose to name the National Law Enforcement Memorial Fund as a beneficiary of a retirement plan. Not only can this reduce their taxes, it simultaneously shares the value of American law enforcement with those who serve and citizens across the nation.
Beneficiary designation diagram

Benefits to you:

  • Reduce or eliminate taxes on retirement assets.
  • Remove highly taxable assets from your estate by direct beneficiary designation.
  • Reduce or avoid probate fees.
  • There is no cost to you now.

To name the National Law Enforcement Officers Memorial Fund as a beneficiary of your retirement plan, contact your bank or insurance company to see whether a change of beneficiary form must be completed.
Life Insurance Policy Gift. If you have a life insurance policy that has outlasted its original purpose, you can use it to fund a legacy gift while also enjoying tax savings during your lifetime.

Benefits to you:

  • Donate ownership and receive a charitable income tax credit for the market value of the policy.
  • Receive additional tax benefits by making annual gifts so that we can pay the premiums.
  • If you retain the policy and name us as beneficiary, the proceeds of your policy will be paid to the National Law Enforcement Officers Memorial Fund, and your estate will receive the tax credit from the charitable gift receipt.

Savings Bonds. If you have bonds that have stopped earning interest and that you plan to redeem, you will owe income tax on the appreciation. In the end, your heirs will receive only a fraction of the value of the bonds in which you so carefully invested. Since the National Law Enforcement Officers Memorial Fund is a tax exempt institution, naming us as a beneficiary means that 100 percent of your gift will go toward preserving and telling the story of our American law enforcement officers.

CDs, Bank Accounts, and Brokerage Accounts: Naming the National Law Enforcement Officers Memorial Fund as the beneficiary of a certificate of deposit, a checking or savings bank account or a brokerage account is one of the easiest ways to honor the service of law enforcement officers for years to come.

Donor Advised Fund residuals: Final distribution of contributions remaining in a Donor Advised Fund is governed by the contract you completed when you created your fund. We hope you will consider naming the National Law Enforcement Officers Memorial Fund as a “successor” of your account or a portion of your account value.

Please contact Jonsie Stone, Director of Major Gifts, at givingrelations@nleomf.org or 202-737-3400 if you have any questions.