Planned Legacy Giving
A planned legacy gift to the Philadelphia Corporation for Aging (PCA) is a meaningful way to demonstrate your commitment to supporting older Philadelphians. These gifts help us protect their dignity, health, and independence – now and for generations to come.
Planned giving is simple to arrange and allows you to retain control of your assets during your lifetime. Often the most significant gift an individual makes, planned giving ensures that your values live on through your estate. Your legacy gift to PCA can be of any size and may be directed to a specific PCA program or used to support our general operations.
The option that is best for you will depend on your specific circumstances. Some examples appear below. Because we cannot provide legal advice, we encourage you to speak with an attorney or financial planner to explore the approach that best aligns with your goals.
Bequest/Gifts by Will
One of the simplest ways to support PCA is by making a bequest in your will. You can designate a specific dollar amount, a percentage of your estate, or a particular asset. Whatever form your gift takes, a bequest is a powerful investment in helping us preserve the dignity of older Philadelphians.
Specific Bequest
A specific bequest is a gift in a will that clearly identifies a particular asset or amount of money to go to PCA.
Example: “I hereby make, devise, and bequeath to the Philadelphia Corporation for Aging, whose current office is located at 642 N. Broad Street, Philadelphia, Pennsylvania, Tax ID 23-1905649, the sum of _________ to be used by PCA for its general purposes.”
Residuary Bequest
A residuary bequest gives PCA all or a portion of what remains in your estate after all debts, expenses, and specific bequests to others have been satisfied.
Example: “All the rest, residue, and remainder of my estate (or a percentage of my residuary estate) I give to The Philadelphia Corporation For Aging, whose current office is located at 642 N. Broad Street, Philadelphia, Pennsylvania, Tax ID 23-1905649.”
Contingent Bequest
A contingent bequest to PCA only takes effect if a primary beneficiary to your will is unable or unwilling to accept the gift.
Example: “If any of the above-named beneficiaries should predecease me, I hereby give his/her share of my estate to the Philadelphia Corporation for Aging, currently located at 642 N. Broad Street, Philadelphia, Pennsylvania, Tax ID 23-1905649.”
Designate PCA as a beneficiary
A will does not typically dispose of assets such as life insurance, IRAs, or pension plans. These assets generally pass directly to a named beneficiary. You can support PCA’s mission by naming us a full or partial beneficiary of one or more of these accounts.
To name PCA as a recipient of an asset with a designated beneficiary, you should contact your insurance company or the plan administrator and request a “change of beneficiary” form. You may then fill out the form utilizing our full legal name, address, and tax ID:
Philadelphia Corporation for Aging
642 N. Broad Street
Philadelphia, Pennsylvania, 19130
Tax ID: 23-1905649
Gifts of Non-Cash Assets
You may also choose to donate non-cash assets such as real estate, stocks, and/or bonds. These gifts may provide you with potential tax advantages while also furthering PCA’s mission to support older adults and individuals with disabilities.
A planned gift to PCA is more than a donation – it is a statement of your values. It ensures that we continue to be able to support vulnerable older Philadelphians and people with disabilities. It enables us to continue providing critical care, services, and support to those who need it most. Your legacy gift can help preserve independence and dignity, support essential services like meal delivery, and sustain long-term advocacy and innovation. We are thankful for your gracious support.