Gift & Estate Planning
Gifts made as part of your estate plan, which often benefit you now and Discover Goodwill later, are known as planned gifts. Benefits of gift planning may include reducing your taxes, increasing your annual income, perpetuating your family name and fulfilling Discover Goodwill’s mission.
Remembering Discover Goodwill Foundation in your will or revocable trust allows you to make a significant gift and maintain control over your assets during your life. The terms of your will or revocable trust are flexible and can be changed throughout your lifetime should you decide to modify your charitable bequests.
The charitable bequest can either be a fixed dollar amount, a percentage of the total estate or a percentage of the residual estate.
Sample Bequest Language
Gift of specific dollar amount:
"I hereby give to Discover Goodwill of Southern and Western Colorado Foundation the sum of $________."
Gift of specific percentage of estate:
"I hereby give ____% of my estate (or "my Trust assets" if using a Living Trust) to Discover Goodwill of Southern and Western Colorado Foundation."
Bequest with Discover Goodwill as Contingent Beneficiary:
"In the event any of my above-named beneficiaries have not survived me, I hereby direct their shares to be distributed to Discover Goodwill of Southern and Western Colorado Foundation."
The Good Will Society
The Good Will Society was formed to recognize and thank individuals who believe and invest in our future by including Discover Goodwill of Southern and Western Colorado Foundation as a beneficiary of a planned gift through their estate. Membership is granted with written notification that you have included Goodwill as a beneficiary in your will, trust, retirement plan, insurance policy or other life income gift. No minimum gift amount is required.
The Good Will Society member benefits
- Invitations to The Good Will Society social events
- Opportunity to establish a named endowment in your name or the name of a loved one
- Recognition on our Friends of Goodwill Recognition Display and in our Annual Report (optional)