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Financial Donations: Make a Bequest

Bequests are an important source of annual support at Goodwill. Each year, many donors provide not charity, but a chance to the men, women and children we serve through their wills.

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.

Bequests can be structured in many ways. For example, you can make a gift of a specific item or amount of money or bequeath a percentage or the remainder of your estate after all other debts, taxes and bequests have been fulfilled.

Goodwill's Development Department will be happy to discuss options with you. However, we recommend that you make all arrangements through your attorney or another professional advisor. Please call (617) 541-1256 for more information.

Sample bequest language:

Outright bequest

The outright bequest is the simplest way to make a gift through your will.

"I give Morgan Memorial Goodwill Industries, Boston, Massachusetts, ________ dollars.

Or

"I give Morgan Memorial Goodwill Industries, Boston, Massachusetts, ________percent ( %) of my estate.

Residual bequests

After your loved ones and beneficiaries receive a designated portion of your estate, the remainder of the estate would be left to Morgan Memorial Goodwill Industries:

"All the rest, residue and remainder of my estate, I give to Morgan Memorial Goodwill Industries, Boston, MA.

Contingent bequests

The contingent bequest will benefit Goodwill only if the named beneficiaries predecease you.

"I give, devise, and bequeath to ____________, the sum of ________ dollars. In the event s/he shall predecease me, I direct this sum be paid to Morgan Memorial Goodwill Industries, Boston, MA.



 

 
 
Contact Goodwill: 1010 Harrison Ave. Boston, MA 02119
Phone: (617) 445-1010 or 1-888-828-GIVE(4483)

   
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