Gifts That Cost You Nothing Now
Gifts in a will or by beneficiary designation are two easy ways to give young people the chance to pursue their dreams for years to come — and they don’t cost anything now.
Gifts in a Will
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for Eckerd Connects. By simply signing your name, you can create a legacy of giving every child the second chance they deserve.
Once you have provided for your loved ones, we hope you will consider improving long-term outcomes for all young people part of your life story through a legacy gift.
( Click infographic to enlarge )
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
NO COST
Costs you nothing now to give in this way.
FLEXIBLE
You can alter your gift or change your mind at any time and for any reason.
LASTING IMPACT
Create your legacy of helping children achieve long-term success.
4 simple, “no-cost-now” ways to give in your will:
General gift
Leaves a gift of a stated sum of money to Eckerd Connects in your will or living trust.
Residual gift
Specific gift
Leaves a specific dollar amount, percentage or fraction of an estate, or specific items such as collections, art, books or jewelry.
Contingent gift
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to Eckerd Connects contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use by engaging and empowering families in your community — and it costs you nothing now.
By naming Eckerd Connects as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of giving young people who face adversity in their childhood a brighter, more prosperous future.
( Click infographic to enlarge )
Reduce or eliminate taxes
Reduce or avoid probate fees
No cost to you now to give
Create your legacy with Eckerd Connects
To name Eckerd Connects as a beneficiary of an asset, contact the custodian of that asset to see whether a change of beneficiary form must be completed.
How to Change a Beneficiary Designation
Login to your account or request a Change of Beneficiary Form from your custodian (the business holding your money or assets).
Follow the links to change your beneficiary or fill out the form.
Be sure to spell the name of our organization properly: Eckerd Connects
Include our tax identification number: 59-2551416
Save or submit your information online or return your Change of Beneficiary Form.
Types of Gifts
A gift of retirement funds
You can simply name Eckerd Connects as a beneficiary of your retirement plan to change lives by helping people in your community reach their fullest potential.
A gift of funds remaining in your bank accounts, brokerage accounts or certificate of deposit (CD)
This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank or other financial institution, you can name Eckerd Connects (Tax ID: 59-2551416) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward giving children and their families a second chance for generations to come.
Donor-Advised Fund (DAF) residuals
What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name Eckerd Connects as a “successor” of your account or a portion of your account value, you enable relationship-building based on trust, honesty and integrity.
Savings bonds
If you have bonds that have stopped earning interest and you plan to redeem them, you might owe income tax on the appreciation. That could result in your heirs receiving only a fraction of the value of the bonds in which you invested. Since Eckerd Connects is a tax-exempt institution, naming us as a beneficiary means that 100% of your gift will go toward innovative solutions that transform lives.
