PLANNED GIVING
Please consider a charitable gift to benefit the Episcopal Actors’ Guild in your will.
BEQUESTS
A bequest for the benefit of EAG is one of the simplest ways to provide for the Guild’s future. It can be included in the body of your will or added by a codicil (a supplement that explains or modifies a will). To name The Guild as the beneficiary, you should use our legal name: The Episcopal Actors’ Guild of America.
If you are currently drawing up your will, you may use this sample language if you wish: “I give, devise and bequeath to The Episcopal Actors’ Guild of America, Inc., federal tax ID number 13-5563397, 1 East 29th Street, New York, NY 10016 the sum of $___ (or describe the real or personal property portion of the estate) to be used for its general purposes."
The most useful bequest is an unrestricted bequest for the general purposes of EAG. This permits the Guild to use your gift wherever it is most needed at the time. However, you also may describe a specific purpose for the use of your bequest.
Important Note: If you do specify a use for your bequest, the following language will ensure that your gift will always remain productive: "If at any time in the judgment of the Trustees of The Episcopal Actors’ Guild of America, Inc. the designated use of this bequest is no longer practicable or appropriate, then the Trustees shall use the bequest to further the general purposes of the Guild, giving consideration, where possible, to my special interest as described above."
RETIREMENT ASSETS
Using qualified retirement plan funds is an excellent source of assets to fund bequests. By designating EAG as a beneficiary (it can be a contingent beneficiary after the death of a spouse) funds pass to The Guild free of taxes. It is possible to set up the beneficiary as the recipient of the entire remaining funds in the account or establish a percentage to fund the bequest.
GIFTS OF INTELLECTUAL PROPERTY
Donations of royalties or residuals to The Guild are a generous way to provide a legacy of care for performing arts and entertainment professionals for years to come. Many notable professionals have made similar gifts, including award-winning actors, playwrights, lyricists, producers, dancers and more.
THE SCOTT GLASSCOCK-GEORGE HOLLAND SOCIETY
If you decide to include the Guild in your will, we do hope you’ll let us know, so we can thank you! One of the ways we will say thanks is by adding your name to the list of EAG's Scott Glasscock-George Holland Society members.
A bequest for the benefit of EAG is one of the simplest ways to provide for the Guild’s future. It can be included in the body of your will or added by a codicil (a supplement that explains or modifies a will). To name The Guild as the beneficiary, you should use our legal name: The Episcopal Actors’ Guild of America.
If you are currently drawing up your will, you may use this sample language if you wish: “I give, devise and bequeath to The Episcopal Actors’ Guild of America, Inc., federal tax ID number 13-5563397, 1 East 29th Street, New York, NY 10016 the sum of $___ (or describe the real or personal property portion of the estate) to be used for its general purposes."
The most useful bequest is an unrestricted bequest for the general purposes of EAG. This permits the Guild to use your gift wherever it is most needed at the time. However, you also may describe a specific purpose for the use of your bequest.
Important Note: If you do specify a use for your bequest, the following language will ensure that your gift will always remain productive: "If at any time in the judgment of the Trustees of The Episcopal Actors’ Guild of America, Inc. the designated use of this bequest is no longer practicable or appropriate, then the Trustees shall use the bequest to further the general purposes of the Guild, giving consideration, where possible, to my special interest as described above."
RETIREMENT ASSETS
Using qualified retirement plan funds is an excellent source of assets to fund bequests. By designating EAG as a beneficiary (it can be a contingent beneficiary after the death of a spouse) funds pass to The Guild free of taxes. It is possible to set up the beneficiary as the recipient of the entire remaining funds in the account or establish a percentage to fund the bequest.
GIFTS OF INTELLECTUAL PROPERTY
Donations of royalties or residuals to The Guild are a generous way to provide a legacy of care for performing arts and entertainment professionals for years to come. Many notable professionals have made similar gifts, including award-winning actors, playwrights, lyricists, producers, dancers and more.
THE SCOTT GLASSCOCK-GEORGE HOLLAND SOCIETY
If you decide to include the Guild in your will, we do hope you’ll let us know, so we can thank you! One of the ways we will say thanks is by adding your name to the list of EAG's Scott Glasscock-George Holland Society members.
Questions?
For more information on making a lasting gift, please contact Executive Director Karen Lehman Foster at 212-685-2927 or [email protected].
