Planned giving

PLANNED GIVING*

The term planned gift refers to a gift of significance, one that requires a bit more planning than other charitable gifts. It implies that you are planning for the future. Questions to consider might include: What do I wish to accomplish with my gift? What are my charitable goals?

There are many planned giving options from which to choose. For example, you can make a significant gift to Goodwill/Easter Seals Minnesota by naming Goodwill/Easter Seals as a beneficiary of your will, life insurance policy or retirement plan. Click here to find examples of specific language that you may use to name Goodwill/Easter Seals as a beneficiary of your will.

You can also name Goodwill/Easter Seals as a beneficiary of a charitable trust. Your attorney or financial advisor can advise you of the various types of charitable trusts and assist you in establishing a trust that is tailored to your personal needs.

Depending on your stage in life, a gift annuity might be an attractive option. You may be able to make a gift of significance to Goodwill/Easter Seals while retaining a monthly, quarterly or annual income for life.

Some of the above-mentioned planned giving strategies may have a greater tax benefit to you than others, so please consult with your attorney or financial advisor on which strategy would work best for you.

Please consider letting Goodwill/Easter Seals know of your plans. In addition to offering help while determining your goals, it helps Goodwill/Easter Seals with long-term planning and it allows you to determine the level of engagement you wish to have with the organization. We understand that this is a big decision. You deserve to be happy with it.

If you, your attorney or financial advisor have any questions, please do not hesitate to contact us. No sales pitches – just honest answers. We want you to achieve your goals.

Common planned giving questions

1. What is a charitable gift annuity?

   It is an agreement between you and Goodwill/Easter Seals that you give us money or another asset and we pay a fixed yearly sum for the rest of your life. Upon death, the remainder of the funds will remain with Goodwill/Easter Seals.

2. Who may receive the annuity payments?

   Only you may be the beneficiary of the payments. You can establish an annuity for another member of your family and they will receive the payments, but beneficiaries are nontransferable.

3. Which gift plans return income to me?

   Charitable gift annuities return a set amount of income back to you on a yearly basis.

4. Can I transfer by IRA to Goodwill/Easter Seals?

   Yes, certain retirement plans can be transferred to Goodwill/Easter Seals to defer paying taxes on a portion of their income.

* Information on this website and on this page is not intended to provide legal, IRS or tax advice. See your accountant or attorney to determine what planned giving option is best for you. Goodwill/Easter Seals Minnesota is not liable for any incorrect information published here.