How It Works

• Include a gift to the Glades Education Foundation in your will or trust.
• Make your bequest unrestricted or direct it to a specific purpose.
• Indicate a specific amount or a percentage of the balance remaining in your estate or trust.

Benefits

• Your assets remain in your control during your lifetime.
• You can modify your gift to address changing circumstances.
• You can direct your gift to a particular purpose (be sure to check with us to make sure your gift can be used as intended).
• Under current tax law, there is no upper limit on the estate tax deduction for your charitable bequests.

Sample Gift Language for your Will or Revocable Living Trust

A gift to Glades Education Foundation in your will or revocable trust enables you to support our mission and make a difference in the lives of future generations. A bequest:

• is easy to arrange.
• will not alter your current lifestyle in any way.
• can be easily modified to address your changing needs.

Residual Gift Language

A residual bequest comes to us after your estate expenses and specific bequests are paid:

I give and devise to Glades Education Foundation (Tax ID #46-3728223), located in Moore Haven, FL, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).

Specific Gift Language

Naming Glades Education Foundation as a beneficiary of a specific amount from your estate is easy:

I give and devise to Glades Education Foundation (Tax ID #46-3728223), located in Moore Haven, FL, the sum of $___________ (or asset) to be used for its general support (or for the support of a specific fund or program).

Contingent Gift Language

The Glades Education Foundation or its affiliates 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 and devise to Glades Education Foundation (Tax ID #46-3728223), located in Moore Haven, FL, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program).

Retirement Plan Beneficiary Language

You may name Glades Education Foundation (Tax ID #46-3728223) as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.

Naming Glades Education Foundation as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming Glades Education Foundation as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor's death the plan passes to support Glades Education Foundation free of both estate and income taxes.

Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change-of-beneficiary form from your plan administrator. When you have finished, please return the form to your plan administrator and notify the Glades Education Foundation. We can also assist you with the proper language for your beneficiary designation to the Glades Education Foundation.

Customized Language

If you or your attorney would like Glades Education Foundation to provide you with customized beneficiary language that is specific to your goal and interest, please contact us.

Please let us know if you have already included Glades Education Foundation in your estate plan or if you are considering doing so.