A Gift in Your Will: Getting Started
We hope you'll consider including a gift to The Hunger Project in your will or living trust. Called a charitable bequest, this type of gift offers these main benefits:
- Simplicity. Just a few sentences in your will or trust are all that is needed. The official legal bequest language for The Hunger Project is:
"I, [name], of [city, state, ZIP], give, devise and bequeath to the Global Hunger Project, 5 Union Square West, New York, NY [written amount or percentage of the estate or description of property] for its unrestricted use and purpose." Our federal tax EIN is 94-2443282.
- Flexibility. Because you are not actually making a gift until after your lifetime, you can change your mind at any time.
- Versatility. You can structure the bequest to leave a specific item or amount of money, make the gift contingent on certain events, or leave a percentage of your estate to us.
- Tax Relief. If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift's full value.
Your circumstances may change and you can change your gift at any time.
How It Works
To make a charitable bequest, you need a current will or revocable living trust.
Your gift can be made as a percentage of your estate. Or you can make a specific bequest by giving a certain amount of cash, securities or property. After your lifetime, The Hunger Project receives your gift.
When planning a future gift, it's sometimes difficult to determine what size donation will make sense. Emergencies happen, and you need to make sure your family is financially taken care of first. Including a bequest of a percentage of your estate ensures that your gift will remain proportionate no matter how your estate's value fluctuates over the years.
|Download a free guide about making your first will.|
We Can Help
Contact Jim Goodman, JD, CAP® at 1-800-228-6691 or email@example.com with any questions about naming The Hunger Project in your will or living trust. We're happy to help, without obligation.
Getting Started | Is This Gift Right for You? | Case Study | How to Complete Your Gift | Action Items
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The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.