Planned Giving image

Make a Sustainable Impact

Making a planned gift is one of the best ways to support Boys and Girls Clubs of Greater Washington. Planned gifts allow donors to make a significant impact on the lives of young people over an extended period of time while taking advantage of many benefits, which may:

  • Reduce your taxes
  • Increase your income
  • Conserve your family's wealth
  • Fulfill your charitable goals
  • Be designed to reflect your special interests

1886 Society

Donors who make a planned gift of any kind will be recognized as members of The 1886 Society, named after the founding year of BGCGW.

If you are interested in any of our Planned Giving options, we will be pleased to work with you and your advisors to develop a planned gift that best suits your particular needs. For more information or to discuss your needs in confidence, please contact Paul Alagero.

Planned gifts can be made in one of many ways:

Charitable Remainder TrustA

Charitable Remainder Trust may be funded with cash or appreciated assets such as securities, real estate or other property. You and/or other beneficiaries can receive income for life or for a set number of years. You receive an immediate charitable income tax deduction, immediate income and may receive relief from tax on capital gain. When the trust expires, the assets remaining in trust go to support the mission of BGCGW.

Charitable Lead Trust

This can allow you to pass wealth to your children or grandchildren with minimal taxation. Sometimes called a "reverse charitable remainder trust," a charitable lead trust provides income to BGCGW for a period of up to twenty years. When the trust expires, the principal is returned to you or your heirs with significant estate and inheritance tax savings.

Retained Life Interest

You may choose to donate your home, vacation property or other real estate to BGCGW while retaining use of it for the lifetime of you and your spouse. You will receive an immediate charitable gift income tax deduction, avoid tax on capital gain and the property is removed from your estate. So long as you retain use of the property, you are responsible for its maintenance and the payment of property assessments.

Bequests

Naming BGCGW as a beneficiary of your will can, when properly planned, reduce the rate at which your estate is taxed. You can make a charitable bequest of a specific dollar amount, a percentage of your estate or the remainder of your estate after planning to care for your family and friends.