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Planned Giving

Investing His Winnings in Children

Fred with Rosie

Fred with his bulldog Rosie.

Fred Orlando enjoys a successful and rewarding career as an ophthalmologist and he believes in "paying it forward." In addition to being an annual supporter to Save the Children for 15 years, Fred and his wife, Jaclyn, have also left Save the Children in their will. Having built a strong trust in the organization, they keep their contributions unrestricted, allowing Save the Children to determine how best to allocate their funding.

Fred considers himself fortunate to have been given opportunities in life that are denied others. It's his "lottery" philosophy. In his own words:

"In the course of the many responsibilities and distractions of modern life, it's easy to lose perspective of where we fit in the global picture. Our culture glamorizes wealth and celebrity. It's easy to forget our relative position on the scale of good fortune. Most of us have likely imagined winning the lottery and many of us might have thought that if we were ever to win, we'd use some of the proceeds to give to charity. It's also quite likely that most of us have used the word "starving" to express our anticipation of an upcoming meal.

In reality, if you're reading this, you have won a lottery and have never really known the true experience of starving. If your daily living costs are more than $2.50 a day, you are doing better than 50 percent of people in the world. If you live on more than $10 a day, you are better off than 80 percent. Yes, our wealth is often a result of hard work. But the opportunity to work and earn is largely due to winning the lottery of being born into the privileged minority.

When I decided to share my "winnings," i.e. what came to me by the good fortune of living where shelter, food, warmth and healthcare come easy, I looked for a charity to help me assist the less fortunate majority. After considerable research, I decided to direct my charitable contributions to Save the Children. They target the neediest and rank high among like-charities for the percentage of funds raised that actually support programs. And, I liked the fact that they work to empower people to help themselves.

What we have been given in life is largely from circumstance. What we give, by contrast, is entirely within our ability to decide. In the early 2000s, I decided to start giving to Save the Children and I highly recommend them to my fellow "lottery winners."

You can invest in children with your life's "winnings" just like Fred Orlando did. To learn how, contact the Office of Planned Giving at 800.544.4470 or plannedgifts@savechildren.org.

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eBrochure Request Form

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A charitable bequest is one or two sentences in your will or living trust that leave to Save the Children a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

"I, [name], of [city, state ZIP], give, devise and bequeath to Save the Children, tax ID number 06-0726487, [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Save the Children or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Save the Children as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Save the Children as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Save the Children where you agree to make a gift to Save the Children and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.