So Many Ways To Give
HFF provides over $1 million in funding and volunteer assistance each year to more than 80 organizations worldwide. These funds help feed more than 16,000 children in over 40 countries on a daily basis.
A gift by cash, check, or credit card is the most common and convenient way to give to HFF. Gifts may be made outright or pledged over a period of up to five years. Checks should be made payable to "Herbalife Family Foundation." If you prefer, you may charge your gift through most major credit cards.
If you wish to designate the use of your gift, you may do so at the time you make the gift by enclosing a brief note letting us know which area of support we should apply your gift.
With a minimum US $25 donation, you can also celebrate a special event by sending an inspiring Tribute Card to honor a friend or loved one.
Please make a gift now though HFF secured website.
Royalty/Production Bonus (Herbalife Independent Distributors only)
As your Herbalife business grows you will begin to receive additional income. You can request a specific amount from these income streams to be donated to HFF monthly or for a one-time occasion. You can also donate uncashed bonus checks by signing the back and sending it to the HFF office.
Just download the following form if you would prefer to fax or mail your request to the HFF office.
Stocks, Bonds, and Appreciated Asset Gifts
A gift of appreciated securities such as stocks, mutual funds and bonds can provide attractive benefits and are a great way to give.
An owner of closely held stock may give the stock to HFF and receive important financial benefits. Closely held corporations are corporations whose stock is owned by family members and/or by business associates. The stock is private in that it is not publicly traded and in most cases there are restrictions on the transfer of the stock to third parties.
Donors considering a gift of closely held stock must not enter into a prior written agreement with either the closely held corporation or a potential third-party purchaser. The transfer should be an arms-length, independent transaction. Donors who make gifts of appreciated assets should consult with their attorneys or tax advisors.
In an outright gift of closely held stock, the donor typically transfers stock to HFF. To determine value, the donor must have the stock appraised by an appraiser who is knowledgeable in establishing the value of closely held stock. HFF then redeems the stock to the corporation and receives a check for the redemption price. It is important that the appraised price reflect the redemption price. If the stock is sold within two years, HFF is required to notify the Internal Revenue Service.
The stock may also be transferred through a purchase of the stock by the closely held corporation's Employee Stock Ownership Plan. In this case, the stock is reacquired for redistribution by the corporation to its shareholders or to the Employee Stock Ownership Plan.
Instead of redeeming the stock to the closely held corporation, HFF may transfer it to a third-party purchaser as long as there are no restrictions on the ability to transfer the stock.
A Gift of Real Estate
Over the years, most real estate has appreciated faster than the rate of inflation and, therefore, can offer great potential for a charitable gift. HFF will consider accepting a gift of a home, vacation property, condominium, apartment complex, undeveloped land, or other real estate in support of our goals. In order for HFF to accept such a gift, the property would have to undergo an appraisal at the donor’s expense to determine the donation value.
Tangible Personal Property
Gifts of assets such as cars, jewelry, and boats are also welcomed.
There are several ways in which a donor may use life insurance to make a gift to HFF:
- Make a gift of an existing life insurance policy that is no longer needed for its original purpose.
- Establish a new policy and name HFF as the owner and beneficiary of the policy.
- Use life insurance to replace the value of gifts to HFF.
- Fund a Short-Term Endowment Policy (STEP).
Make a Gift and Search the Web
Support HFF by using GoodSearch as your search engine. HFF receives a donation for each search you make. Click the button and learn more. Be sure to select Herbalife Family Foundation (Los Angeles, CA) ID: 840855 as your charity of choice!
With help from local staff and independent Distributor leadership, find a charity that is helping children and offers an opportunity for HFF involvement:
- Funding for better nutrition
- Volunteer assistance from independent Distributors and employees
- Special projects
- Casa Herbalife program branding
Gifts Through Your Estate Leave a Legacy
For many donors, making a gift through your estate is the most realistic way to provide a substantial contribution to HFF.
The most common ways to make a gift through your estate are:
- Specific Bequest - HFF receives a specific dollar amount, a specific piece of property or a stated percentage of the estate. This is one of the most popular forms of bequests.
- Residuary Bequest - HFF receives all or a stated percentage of an estate after distribution of specific bequests and payment of debts, taxes and expenses.
- Contingent Bequest - HFF receives part or all of the estate under certain specified circumstances.
- Trust Established Under a Will - A trust may be established that designates HFF as a partial or full beneficiary.
A Charitable Remainder Trust will pay you a lifetime income. If married, both spouses will be included as income beneficiaries. Highly appreciated stock, real estate and cash are all good assets to fund such a trust. Because the assets go to HFF at your death, you may want to consider an asset replacement option.
Gifts from Retirement Funds
Donors are invited to consider designating HFF as a partial or full beneficiary of their retirement plans.
Consult With a Tax Expert
US donors may be eligible for a tax deduction. Check with a tax professional to determine which of the following ways to give (e.g., Cash Gifts, Royalty/Production Bonuses, Stocks, Real Estate, Personal Property) may be tax deductible. Contact HFF if you have any questions or would like assistance in talking with your tax professional about your gift to HFF.