You can leave a legacy with Boys & Girls Clubs of Western Pennsylvania.
Make it possible for the youth of tomorrow to experience all of the amazing things that happen at BGCWPA – from caring adult mentors to learning a new sport or trying out coding – for generations to come.
Through a planned gift, you make an important and powerful contribution to the future of our region. BGCWPA can work with you to meet your charitable goals while supporting the important mission of doing whatever it takes to ensure that the youth in our region have access to a Great Future.
Here are some ways to leave a legacy for tomorrow’s youth through a planned gift:
Making a gift to BGCWPA through your Will allows you to support an important mission, without affecting your current financial circumstances. Some of the ways to leave a gift through your Will:
- An unrestricted bequest which leaves a portion or all of your estate
- Make a bequest to a specific Clubhouse (location) or program
- Life insurance – when you make BGCWPA the beneficiary of a life insurance policy, you become eligible for an income tax deduction. Name BGCWPA as primary beneficiary or as your successor beneficiary.
Sample language for a bequest:
The legal name of Boys & Girls Clubs of Western Pennsylvania, which should be used in all wills, trust agreements, and other legal documents, is “Boys & Girls Clubs of Western Pennsylvania” though it can be referred to as BGCWPA after the first citation.
Sample language for an unrestricted gift to BGCWPA in your will:
I bequeath to Boys & Girls Clubs of Western Pennsylvania, a Pennsylvania nonprofit corporation, [insert here the dollar or percentage amount of the bequest], the income or principal or both to be used for the general purposes of BGCWPA.
If the gift is to be used toward one of our Clubhouses specifically, please insert the name of the specific location in this way in the last line. For example, if the gift were to our Estelle S. Campbell Clubhouse, it would read:
I bequeath to Boys & Girls Clubs of Western Pennsylvania, a Pennsylvania nonprofit corporation, [insert here the dollar or percentage amount of the bequest], the income or principal or both to be used for the general purposes of the BGCWPA Estelle S. Campbell Clubhouse.
Retirement Funds (IRAs and 401Ks)
Not all assets that you own are treated equally when passed to heirs. A feature of tax-deferred retirement accounts is that heirs pay income taxes on the inherited assets at their income tax rate at the time of distribution. Nonprofit organizations do not pay income taxes on distributions of these assets, which means your entire donation can be directed to support your charitable goals. You can gift these assets to BGCWPA with the following options:
- Name BGCWPA as a 100% beneficiary of an account.
- Indicate that BGCWPA is a beneficiary of a certain percentage or specific amount of the account with the remainder going to individual beneficiaries such as family members.
- Name BGCWPA as a contingent beneficiary so if a primary beneficiary does not survive you, the amount designated to them would go to support your charitable goals.