NCPA FOUNDATION ANNOUNCES PLANNED GIVING CAMPAIGN AND LEGACY SOCIETY
Foundation Offering Additional Ways to Support Future Generations of Pharmacists
Anaheim, Ca. - October 16, 2007 The National Community Pharmacists Association (NCPA) Foundation today announced plans to enhance the donation process and to better recognize foundation supporters. The new Planned Giving Campaign and Legacy Society were unveiled during the National Community Pharmacists Association's 109th Annual Convention and Trade Exposition held October 13-17 in Anaheim, California.
"We are grateful to those who support the Foundation's mission," said Charles West, NCPA Foundation President. "With this campaign, we want to ensure those donors benefit from making a gift to us and are recognized for their generosity."
For business owners such as independent pharmacists, a planned gift may also have tax advantages that can impact their business succession planning and estate planning. The Foundation will continue to accept outright gifts of cash, checks or securities, but now with the Planned Giving Campaign can support the acceptance of planned gifts such as charitable bequests, annuity trusts or life insurance. The gifts can be revocable or irrevocable, so that donors may benefit from an immediate income tax deduction.
Planned gift donors to the NCPA Foundation will be automatically recognized in the new NCPA Foundation Legacy Society. The Legacy Society was established to honor NCPA Foundation donors who have included the NCPA Foundation in their financial planning through a bequest or other planned giving options.
"A planned gift to the NCPA Foundation can memorialize your legacy. Planned giving is, in many cases, the most thought-out and thoughtful of gifts and allows donors to make positive and lasting differences in the lives of future generations of pharmacists while having an extraordinary impact on the NCPA Foundation in ways previously thought impossible," says West.
Additional information can be accessed on the NCPA Foundation Web site, or by contacting Foundation staff at (800) 544-7447.
The NCPA Foundation is a nonprofit 501(c)(3) organization established in 1953 to honor former NARD Executive Secretary John W. Dargavel. Contributions to the NCPA Foundation are tax-deductible to the extent permitted under federal tax law. The Foundation supports the growth and advancement of independent community pharmacy through low-interest educational loans and scholarships to pharmacy students in need, critical research and programs to improve the success of independent pharmacy, and financial assistance to community pharmacy owners for their recovery in the event of disaster, accidents, illness, or adverse circumstances.
The National Community Pharmacists Association, founded in 1898 as the National Association of Retail Druggists, represents the nation's community pharmacists, including the owners of more than 24,000 pharmacies. The nation's independent pharmacies, independent pharmacy franchises, and independent chains dispense nearly half of the nation's retail prescription medicines.
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National Community Pharmacists Association
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