Planned Giving

Leaving a gift to the Boys & Girls Club of Salem, Marion and Polk Counties in your estate is an easy way to benefit youth for generations to come. These bequests can give you tax beneﬁts, and provide the Club with critical resources to fulﬁll its mission into the future. Here are answers to some of the common questions we receive regarding planned giving.

"We make a living by what we get; we make a life by what we give."

- Winston Churchill

From our earliest days as a nation, Americans have demonstrated a remarkable spirit of generosity. Each year, Americans give more than any other country in the world. Yet, the vast majority of Americans are not able to give as much as they would like.

The truth is that while many are limited by the realities of a day-to-day budget, a little careful planning today makes it possible for almost anyone to do more in the future to help those you love including family, friends and charity.

How can I include a gift to the Boys & Girls Club in my estate plan?
There are many ways you can remember the Club in your estate plan! Some common options include naming the Club as a beneficiary in your:

Will
Trust
Life Insurance Policy
Retirement Plan Account (IRA, 401(k), 403(b), etc.)
Charitable Remainder Trust

Can I name the Club’s Foundation as the gift recipient?
It’s up to you! The Club’s Foundation is a restricted endowment fund that provides ongoing support to the Club. Foundation funds are professionally invested and managed for long-term growth. Each quarter, the Foundation’s Board of Trustees reviews the fund and directs distributions to the Club annually. Distribution amounts are targeted to benefit the Club, while still allowing the fund to grow over time. A gift to the Foundation is a great way to benefit the Club for many years to come.

To name the Foundation, you can use language similar to the following: “Boys & Girls Club of Salem, Marion and Polk Counties Foundation (Tax ID: 93-1038306).”

To name the Club directly, you can use language similar to the following: “Boys & Girls Club of Salem, Marion and Polk Counties (Tax ID: 93-0581470).”

Can I direct how my gift will be used?
Yes, you can! These are commonly referred to as “restricted gifts.” We can work with you to create designated gifts that will support Club efforts in the areas that are important to you. We often refer to these as “Donor Impact Funds.” If you have a specific wish, we want to ensure your intent is correctly understood and acted upon. Please contact us for more information on Donor Impact Funds and gifts for specific purposes.

SAMPLE BEQUEST LANGUAGE

Boys & Girls Club Foundation Sample Language (for contributions to the Club’s endowed fund)
“I give [Choose: ___% of my estate / the sum of $___ / the real property described on the deed as ________ / the personal property described on the deed as ________ / all the rest, residue, and remainder of my estate / __% of the rest, residue, and remainder of my estate] to the Boys & Girls Club of Salem, Marion and Polk Counties Foundation (Tax ID: 93-1038306) to further the purposes and objectives of the Boys & Girls Club as may be recommended by the CEO and approved by the trustees of the Foundation.”

Boys & Girls Club Sample Language (for contributions to the Club’s general operations)
“I give [Choose: ___% of my estate / the sum of $___ / the real property described on the deed as ________ / the personal property described on the deed as ________ / all the rest, residue, and remainder of my estate / __% of the rest, residue, and remainder of my estate] to the Boys & Girls Club of Salem, Marion and Polk Counties, Inc. (Tax ID: 93-0581470) to be used for its general charitable purposes.”

Donor Impact Fund Sample Language (for contributions to the Club’s general operations)
“I give [Choose: ___% of my estate / the sum of $___ / the real property described on the deed as ________ / the personal property described on the deed as ________ / all the rest, residue, and remainder of my estate / __% of the rest, residue, and remainder of my estate] to the Boys & Girls Club of Salem, Marion and Polk Counties, Inc. (Tax ID: 93-0581470) to be used in accordance with the most recent Statement of Intent I have executed with the Boys & Girls Club of Salem, Marion and Polk Counties. If no Statement of Intent exists at the time of my death, then I intend this gift to support ______________________ [insert name of program/purpose]. If no such program is in existence then to further the purposes and objectives of the Boys & Girls Club as recommended by the CEO and approved by the Board of Directors.”

NOTE: The Statement of Intent mentioned above is a short agreement between the donors and the Boys & Girls Club, which includes background information provided by the donors and specifics on how the gift will be used. Donors may amend the Statement of Intent as often as they like without the necessity of amending their will or living trust.

If you or your attorney would like Boys & Girls Club of Salem, Marion and Polk Counties to provide you with additional information that is specific to your goal and interest, please contact our Chief Development Officer at 503-581-7383 x1027.