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Frequently Asked Questions
- Can I create income with my gift?
Yes! DAV has many plans for gifts that pay you income. You can also provide income for a child, a grandchild, a parent, or a friend. That income can increase cash flow now and/or during retirement, pay for a college education, provide income for aging parents, or perhaps assist a loved one with special needs.
- I am unable to make a current gift, but I'd still like to support Disabled American Veterans in the future. Any ideas?
An easy and low-cost way to make a gift to DAV is to include DAV in your will or revocable trust. Gifts by will are a major source of endowment support at DAV. Each individual legacy contributes to our financial strength and ability to meet the needs of our students and their families. If you have not already done so, please consider putting DAV in your will or revocable trust. See our Bequest Language page for samples of how to do this. You can also designate DAV the beneficiary of life insurance, annuities, or retirement-plan benefits.
- What asset should I use to make my gift?
While cash or a check is a simple way to make a gift, you might want to consider the following:
GIFT TYPE POSSIBLE BENEFITS Cash Current income-tax deduction
Appreciated securities, such as stocks, bonds, or mutual funds Elimination or reduction of capital-gain tax
Current income-tax deduction
Donate an interest in closely held or family business stock Reduce the cost of passing the business to heirs
Income- and estate-tax savings
Make DAV the owner and beneficiary of life insurance or annuities Income- and estate-tax savings
- Can I direct how DAV will use my gift?
Most often the answer to this is “yes”!! Many donors direct that their gifts be used to support specific progrmas, or remember a loved one. Please be sure to discuss this when you make your gift.
- How will DAV recognize my gift?
Anyone making a planned gift to the DAV (ex. a bequest in a will or living trust; a charitable gift annuity; a charitable remainder trust; or a future beneficiary designation in your retirement plan or life insurance policy, is honored through the DAV Guardian Society. Of course, we will also honor any requests for gifts to be anonymous.
Members receive a beautiful certificate of membership, a lapel pin, and a special recognition in the Guardian Society newsletter. Their names are also permanently recorded at DAV National Headquarters in Cincinnati, Ohio.
- Why should I consider a gift to DAV?
Gifts are made for many different reasons. Often gifts are made
- To express gratitude for those who gave so much in defense of our freedom
- To honor a loved one
- To help DAV build better lives for America's disabled veterans