Commercial Annuities

A Smart Way to Leave a Gift to Conquer Cancer, the ASCO Foundation

Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, Conquer Cancer, the ASCO Foundation can receive your commercial annuity completely tax-free. The best way to give a commercial annuity in support of our work after your lifetime is to name us as beneficiary.

Making this gift is as simple as updating your beneficiary form with your bank or insurance company. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary does not survive you.

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Next Steps

  1. Contact Colin Ware at (720) 345-9911 or colin.ware@conquer.org for additional information on commercial annuities.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Conquer Cancer in your plans, please use our legal name and federal tax ID.

Legal name: Conquer Cancer Foundation of the American Society of Clinical Oncology
Address: 2318 Mill Road, Suite 800, Alexandria, VA 22314
Federal tax ID number: 31-1667995

Personal Estate Planning Kit

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This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

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