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Beneficiary Designations

This simple gesture can create a meaningful legacy that continues to make a difference for years to come.

Leave a Lasting Legacy with Beneficiary Designations

Naming GYAC as a beneficiary of your Life Insurance, Retirement Plan, or Individual Retirement Account (IRA) is a thoughtful and impactful way to support our mission. This simple gesture can create a meaningful legacy that continues to make a difference for years to come.

Why Name GYAC as a Beneficiary?

  • Ease and Flexibility: It's straightforward to designate GYAC as a beneficiary by completing a beneficiary designation form provided by your plan administrator or insurance company.
  • Tax Benefits: By naming GYAC] as a beneficiary, you may potentially reduce estate taxes and income taxes for your heirs.
  • Lasting Impact: Your gift ensures that GYAC can continue its important work and programs that align with your values and passions.

How to Make GYAC a Beneficiary:

  • Life Insurance: Contact your life insurance provider to request a beneficiary change form. You can specify the Gifford Youth Achievement Center Inc. as either the primary or contingent beneficiary.
  • Retirement Plans (e.g., 401(k), 403(b)): Request a beneficiary designation form from your plan administrator and list the Gifford Youth Achievement Center Inc. along with the percentage or portion you wish to designate.
  • Individual Retirement Account (IRA): Similar to retirement plans, contact your IRA custodian to update your beneficiary designation to include the Gifford Youth Achievement Center Inc.

Sample Language for Beneficiary Designation:
“I designate the Gifford Youth Achievement Center, Inc., located at 4875 43rd Avenue, Vero Beach, FL 32967, as the beneficiary of [specific policy, retirement plan, or IRA] to receive [percentage or specific amount] to support its charitable mission.”

Please consult with your financial advisor or attorney to determine the best plan for your specific situation.

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