You can support the Dance Evert Foundation’s future by naming it as the partial or sole beneficiary of your life insurance policy, IRA, 401(K), 403(B) or other retirement plan assets.
Why life insurance?
By leaving the proceeds of an insurance policy to the Dance Evert Foundation, the proceeds of the insurance policy will not be subject to estate tax upon your death. Also, if you transfer ownership of the policy to the Dance Evert Foundation during your lifetime, you may benefit from an income tax charitable deduction and you may deduct the cost of future premium payments.
Why retirement assets?
Since retirement plan assets may be subject to both income and estate taxes if left to your heirs, estate planners frequently recommend that you designate all or a portion of these assets to a charitable organization like the Dance Evert Foundation. By leaving such assets to the Dance Evert Foundation, you can pass other assets to your heirs which may lessen the tax burden.
How can I designate the Dance Evert Dance Foundation?
If the policy already exists, you should request a “change of beneficiary” form from your life insurance provider or retirement plan administrator. On this form, you can name the Dance Evert Dance Foundation as sole or partial beneficiary, or you can name us as a contingent beneficiary in case you are predeceased by your immediate beneficiary. On your beneficiary form, you should list the Dance EvertFoundation as Dance Evert Dance Foundation, Inc. Our address and tax identification number are:
Address: 291 E. 222nd St
Euclid, OH 44123
Tax ID # 34-1533553
How can I find out more?
Please contact Please contact Tom Evert at tom@dancevert.org.
This is not legal advice. Any prospective donor should seek the advice of a qualified estate and/or tax professional to determine the consequences of his or her gift.