A charitable bequest is a simple and impactful way to support our mission beyond your lifetime. By including GYAC in your will or trust, you ensure that your values and commitment to GYAC continue to make a difference for generations to come.
Benefits of a Charitable Bequest
- Impactful Giving: Your bequest allows you to support GYAC’s important work and programs that are close to your heart.
- Flexibility: You retain control over your assets during your lifetime and can modify your bequest if your circumstances change.
- Estate Tax Benefits: Charitable bequests to GYAC may provide estate tax benefits for your heirs.
- Simple: All it takes is a quick phone call to your attorney to add a charitable gift to GYAC in your will or trust.
Suggested Bequest Language
- General Bequest Language
I give, devise, and bequeath the sum of $______________ to Gifford Youth Achievement Center, Inc., Federal Tax ID 43-1950911, or its successor charitable organization. - Designated Bequest Language
I give, devise, and bequeath the sum of $______________ to Gifford Youth Achievement Center, Inc., Federal Tax ID 43-1950911, or its successor charitable organization for the use and benefit of (ex: Endowment Fund, Scholarship Fund, Mentor Program, Summer Camp, etc). - Residuary Bequest Language
All the rest, residue, and remainder of my estate, both real and personal I give to Gifford
Youth Achievement Center, Inc., Federal Tax ID 43-1950911, or its successor charitable
organization (Add “for the use of” to designate gifts to a specific fund). - Contingent Bequest Language
I devise and bequeath the sum of $______________ (or percentage of estate, specific asset) to (name of beneficiary) if (she/he) survives me. If (name of beneficiary) does not survive me, I devise and bequeath the sum of $____________________ (or percentage of estate, specific asset) to Gifford Youth Achievement Center, Inc., Federal Tax ID 43-1950911, or its successor charitable organization (Add “for the use of” to designate gifs to a specific fund).
Please consult with your financial advisor or attorney to determine the best plan for your specific situation.