Donate Real Estate, Charitable Trusts, Life Insurance, and Other Assets
Planning a major gift is an important and personal decision, and we are here to help you. We will discuss your options and go over tax benefits related to your personal situation.
For more information, you, your financial advisor or attorney can contact Jennifer Boutte, Vice President of Community Engagement, at (585) 697-5780 or jboutte@goodwillfingerlakes.org.
These are also ways you can contribute:
Life Insurance
You can name Goodwill of the Finger Lakes or GVE as a beneficiary for a specific dollar amount or a percentage of the policy. All you have to do is file a new "change of beneficiary" form with your insurance company.
Charitable Lead Trust
Through your will, you provide income to Goodwill of the Finger Lakes or GVE for a specific amount of time after which the trust assets revert to your heirs.
Charitable Remainder Trust
Through your will or living trust, you allow one or more beneficiaries to receive income for life or a set term of years, after which the trust assets revert to us.
Real Estate
Donating real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift. You may avoid paying capital gains tax on the sale and receive a charitable income tax deduction.