Including a bequest to The Andrew Goodman Foundation in your will or revocable trust affirms your confidence that we will continue to act in accordance with our mission and support young leaders working to strengthen our democracy. Indicate a specific amount, or a percentage of the balance remaining in your estate or trust.
- Your assets remain in your control during your lifetime.
- You can modify your bequest to address changing circumstances.
- Under current tax law, there is no upper limit on the estate tax deduction for your charitable bequests.
Your bequest to support our mission should be thoughtfully planned. Choose the type of bequest that best suits your personal objectives. For example, your bequest can be a stated dollar amount, or you can bequeath specific property to our organization. Some donors prefer to bequeath a certain percentage of the remainder of their estate — the amount that remains after paying all debts, costs, and other prior legacies. Whatever your objectives, we will be happy to work with you in planning a bequest that will be satisfying, economical, and effective in carrying out your wishes in our important mission. Only with your explicit permission will we publicly recognize your gift.
Residual Bequest Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:
I give, devise, and bequeath _______ (dollar amount, percentage, or percent of the rest, residue, and remainder of my estate) to The Andrew Goodman Foundation, now or formerly in the City of Mahwah, P.O. Box 394, in the State of New Jersey, to be used for its general purposes.
Specific Bequest Language
Naming The Andrew Goodman Foundation, Inc. as a beneficiary of a specific amount from your estate is easy:
I give, devise, and bequeath $________ to The Andrew Goodman Foundation, Inc., now or formerly in the City of Mahwah, P.O. Box 394, in the State of New Jersey, to be used for its general purposes.
Contingent Bequest Language
The Andrew Goodman Foundation, Inc. can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert name) is not living at the time of my demise, I give, devise, and bequeath _____________ (all or a percentage of the residue of my estate) to The Andrew Goodman Foundation, Inc., now or formerly in the City of Mahwah, P.O. Box 394, in the State of New Jersey, to be used for its general purposes.