TIF Launches “Legacy of Play Society”
June 12, 2012 | Following the receipt of an
inaugural $48,000 gift from the Estate of Franklin D. Gillespie, the Toy
Industry Foundation (TIF) has established a new Planned Giving program
that welcomes individual support through personal financial and estate
planning. Those who generously choose to support the Foundation with
bequests made through wills, retirement plans, and life insurance
policies, as well as other forms of planned gifts, will be honored as
members of the “Legacy of Play Society.”
“Mr. Gillespie’s gift is so touching. He knew he
wanted his estate to impact the lives of children in need, and he made
it happen by taking the simple step of naming the Toy Industry
Foundation in his will,” says Marisa Medina, Foundation
manager. “A Planned Gift to TIF of any size makes a
difference, as it will help bring play to children who need it
The Legacy of Play Society is the Foundation’s honorary society
of individuals and families whose donations have already been received
or will someday be gifted. All Society members will be listed on the TIF
website, in the annual report, in the TOTY Tribute Book, and will be
featured in a spotlight article.
Donations received by the Foundation are used to distribute grant
funding and toys to charities serving children living on U.S. military
bases; entering foster care with nothing of their own; and are
distributed through The Toy Bank’s network of hundreds of
charities across the country and around the world that serve children
who are ill, impoverished, affected by natural disasters, or living
through many other stressful situations.
To learn more about the Legacy of Play Society, as well as the many
available options for Planned Giving, visit the “How to Help” tab on the TIF website or contact
the Foundation (646-454-5581 / email@example.com).
Whenever considering or finalizing a planned gift, please contact your
financial, tax, or legal advisor for personalized guidance.