Legacy Giving & Bequests
Making a lasting difference in our community may be easier than you think.
Whoever you are, whatever your situation, you can help create a better community by including a gift to WAGAP in your will. Most bequests that we receive are made by ordinary, hardworking people who want to make a positive impact in other people's lives.
Many gifts to Washington Gorge Action Programs provide the added value of supporting your interests far into the future. Legacy Gifts are carefully invested to generate a permanent source of income for our good work. This approach ultimately increases the value of every dollar given.
A gift to WAGAP in your will or trust can be a dollar amount, a specific asset or a share of the residue or remainder of your estate. For a life insurance or retirement plan, you can name WAGAP on a designation form as a primary or contingent beneficiary.
What are the benefits of leaving a bequest?
You leave a lasting legacy to be remembered
You lessen the burden of taxes on your family
You may receive estate tax savings
All it takes is a conversation with your lawyer to add a charitable gift to your will.
Gifts given through wills can be cash and a variety of other assets, including Traditional IRA, 401(k), 401(b), Life insurance policies, Keogh, SEP, Simple IRS and Roth accounts.
POD (Payable upon Death) accounts include bank and credit union accounts, Certificates of Deposit (CDs) and US savings bonds.
TOD (Transferable upon Death) accounts include stocks, bonds and brokerage accounts that can be transferred to a charity upon the death of a donor.
For guidelines on Legacy Giving, please see our Legacy Giving & Bequests Sheet.
Note: The information provided by Washington Gorge Action Programs is educational in nature only. It is not offering professional tax, legal or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.