The Goodwin Living Foundation is proud to support Goodwin Living employees and residents through need-based financial assistance, professional development funds and innovative programs.
By incorporating charitable giving into your estate planning, you can help make these programs possible for generations to come. The Foundation accepts a variety of donation types and methods, offering you multiple ways to support our valuable programs.
Please don’t hesitate to call us directly at 703.824.1200 to discuss ways to donate to the Goodwin Living Foundation. We’d love to hear from you.
You can give an old life insurance policy new life with a donation to the Goodwin Living Foundation. Donors can either name the Goodwin Living Foundation as a beneficiary or transfer ownership of an existing policy. With a policy transfer, the Foundation becomes both the owner and beneficiary, and the donor takes a charitable deduction for the cash value of the policy at the time of the gift. The donor can also designate how the gift is to be used.
You can support the Goodwin Living Foundation in several ways with a gift of personal property.
*Located within the continental U.S. and approved by the Foundation Board of Directors
Please note that the Foundation makes no commitment to keep a work of art, furniture or personal property in perpetuity.
Donors can make gifts to the Foundation through bequests in wills or testamentary trusts. This requires a simple designation in the document and does not affect cash flow during the donor’s lifetime.
For those considering this option, be sure to include the following within your bequest: Goodwin Living Foundation (Tax ID: 54-1549749), a qualified charity under the Internal Revenue Code, Sections 170(c) and 2055(a) as amended, to be used for its general charitable purposes and the Bequest Statement Form.
All donors who make gifts through bequests in their wills will be included in the Bishop Chilton Society, the Foundation’s Gift Society for planned gifts. Members of the Bishop Chilton Society are included in the Goodwin Living Annual Report.
Charitable Gift Annuities (CGA) and Charitable Trusts offer a win-win for donors and Goodwin Living Foundation. The donor gives a donation of cash or transfers assets to the Foundation in exchange for long-term fixed income, charitable deductions and other possible tax benefits. Speak with your financial advisor to learn if this would be a good fit for you, or contact the Foundation to learn more about the process and benefits.
The Foundation Board of Directors has established the following minimum amounts for charitable gifts and annuities.
|Charitable Gift Annuity||$5,000|
|Deferred Gift Annuity||$10,000|
|Charitable Remainder Annuity Trust||$100,000|
|Charitable Remainder Unitrust||$100,000|
|Charitable Lead Trust||$50,000|
The Foundation reserves the right to decline any gift that does not further its mission or goals, would create an administrative burden or would cause GHF to incur excessive expenses. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.