Beneficiary Designations Are Easy and Flexible

Not everyone wants to commit to making a gift in their will or estate. Some prefer the increased flexibility that a beneficiary designation provides by using: 

  • IRAs and retirement plans
  • Life insurance policies
  • Commercial annuities

It only takes three simple steps to make this type of gift. Here's how to name Alzheimer's Disease Research, Macular Degeneration Research, and/or National Glaucoma Research, programs of BrightFocus Foundation, as a beneficiary:

  1. Contact your retirement plan administrator, insurance company, bank, or financial institution for a change-of-beneficiary form.
  2. Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you chose, on the beneficiary form.
  3. Return the completed form to your plan administrator, insurance company, bank, or financial institution.

See How It Works

An Example of How It Works

Older couple smiling Robert and Carol treasure the financial help they've been able to give their children and our research program over the years. The couple recently updated their will to leave stocks and real estate to their kids. They left a $75,000 IRA to be transferred following their lifetime to one of BrightFocus' research programs.

If Robert and Carol had left the IRA to their children, approximately $21,000* would have gone to pay federal income taxes-leaving only $54,000 for their family's use. Robert and Carol are happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.

*Based on an assumption of a 28 percent marginal income tax bracket.

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Learn More

Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.

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Next Steps

  1. Contact Lauren Fields at 301-556-9397 or lfields@brightfocus.org for additional information on beneficiary designations and how they can help support one of our research programs.
  2. Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
  3. If you name a BrightFocus program in your plans, please use our legal name and federal tax ID.

Legal Name: BrightFocus Foundation
Address: 22512 Gateway Center Drive, Clarksburg, MD 20871
Federal Tax ID Number: 23-7337229. This is the number for all three programs.