Recognition of Donors

Tower Legacy Society

The Tower Legacy Society honors generous people who have made an investment, through a future gift, in improving the lives of patients in years to come. Individuals who establish a gift to Tower Cancer Research Foundation through their will, trust or other planned gift are integral to the future of life-transforming research.

Tower Society members share a common bond: a vision for building a foundation for new cures, support for patients and advancing research that will save lives. When you include Tower in your estate plans, you are helping to ensure Tower will have the resources it needs to meet the priorities of the future. These include:

  • Early-stage ideas that push the boundaries of science and are not yet eligible for federal funding
  • Early-career investigators working on the cures of the future
  • Senior Investigators close to making real treatment breakthroughs
  • Technology and equipment that accelerate discovery
  • Supportive programs for patients and caregivers to manage the challenges of a diagnosis

A Tradition of Giving

"Cancer is a terrible sickness. It claimed my husband's life and the lives of many of my friends. While I pray for a cure in my lifetime, I want to ensure the work continues until there are answers even if I'm not around to see it. I have invested in Tower in the hopes that Tower is the one to find the answer."

-Angie David, Tower Legacy Society member

Through a gift from her estate, Angie honors her husband's memory and leaves a legacy of generosity that lives on. Like Angie, you can make a commitment to Tower and leave a lasting mark on the world.

Becoming a Member of the Tower Legacy Society

The following types of gift commitments qualify you for membership in the Tower Legacy Society:

We encourage you to notify us of your gift intentions and indicate your recognition preference on our Intention Form.

Benefits of Membership

Please let us show our great appreciation for your generous vision. If you notify us of your gift to Tower Cancer Research Foundation and become a member of the Tower Legacy Society, you receive the following opportunities for recognition and benefits:

  • Your name on the Tower Legacy Society wall at Tower Cancer Research Foundation
  • Recognition in Tower's online and print quarterly newsletters
  • Invitations to select events
  • Quarterly delivery of Tower Newsletter, which provides in-depth features on current Tower science and the lives it touches

*We respect the privacy of members who choose to remain anonymous and will ensure that you do not receive public recognition if you so choose.

Contact Us

Thank you for considering such a generous gift. If you have already arranged a gift, thank you for letting us know.

We invite you and your professional advisors to contact Linda David , Executive Director, at 310.299.8472. We can provide more information on making a planned gift arrangement that is right for you and becoming a member of the Tower Legacy Society. All inquiries are held in the strictest confidence and there is no obligation.

A charitable bequest is one or two sentences in your will or living trust that leave to Tower Cancer 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 Tower Cancer Research Foundation, a nonprofit corporation currently located at 8767 Wilshire Blvd., Suite 401, Beverly Hills, CA 90211, 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 Tower 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 Tower 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 Tower 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 Tower where you agree to make a gift to Tower and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

"I, [name], of [city, state, ZIP], give, devise and bequeath to Tower Cancer Research Foundation [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

eBrochure Request Form

Please provide the following information to view the brochure.