Goodwill builds dignity through work every day throughout the greater Washington, DC area. Through a variety of education and job training programs, we've helped people overcome challenges in their life so they can experience the joy and power of work.
But our work is not easy or quick. It takes a long-term commitment to battle obstacles such as economic instability, physical disabilities, or lack of education.
When you become a Goodwill Partner of Hope, you will join a select group of compassionate donors who reach out each month to empower people to make their own way in life.
A charitable bequest is the simplest and most common form of providing an ultimate gift for a charitable cause. A bequest is a provision in one's last will and testament where a gift or property is transferred from an estate to a charitable organization, such as Goodwill. Making a bequest can be as simple as inserting a few sentences into a new will, or can be added as a simple amendment (called a 'codicil') to an existing will.
If you have established a revocable living trust to pass your property to loved ones while minimizing probate costs, you can also provide that at the termination of your trust a portion of the assets in the trust be used for charitable purposes that you designate.
This allows you to retain a set amount of income from your property for life or for a specified period. Your funds are held separately and invested for payment of a fixed and regular income for you. When the trust ends, whatever remains in the trust is distributed for the charitable purposes you specify.
This allows you to have income from your property for life or for a specified period, but your income will increase or decrease with the value of your assets. You determine the set percentage to go to the charity at the time the unitrust is set up.
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