Our Will Power Society Assures Your Gift Will Endure
Our Will Power Society honors those whose deep commitment to Gilda’s Club Middle Tennessee has inspired them to include our cancer support program in their estate planning. In other words, they name our organization as a beneficiary in their wills and bequests.
Such avenues of generosity include:
Whether you want to put your donation to work today or benefit Gilda’s Club after your lifetime, we can help you find a charitable plan that aligns with your philanthropic priorities.
How leaving a planned gift benefits you:
Please consult your qualified tax professional and/ or estate advisor to discuss the gift you are considering, and to determine the tax advantages for you.
To learn more about our Will Power Society, view our Frequently Asked Questions or contact President & CEO Harriet Schiftan or at 615-329-1124.
Frequently Asked Questions about The Will Power Society
What is the best type of planned gift?
It depends which gift is easiest for you to understand and fulfill. What type of planned gift meets your needs? For example, to take care of an aging relative; to retirement plan; to make a sizable pledge, but also ensure your children receive funds; or to keep your money until you really don’t need it anymore. Some of the more popular routes include:
- Charitable Gift Annuities
- Life Insurance Policies
- IRA Beneficiary
- Charitable Lead Trusts
- Charitable Remainder Trusts
- Gifts of Stock or Real Estate
- Memorials and Tribute Gifts
- Endowed Gifts
How do I join the Gilda’s Club Will Power Society?
Please reach out to us and kindly submit the Letter of Intent form, informing us of your plans to include Gilda’s Club Middle Tennessee in your planned giving.
If I create a planned gift, will it replace annual contributions or requests for donations?
Your planned gift is a significant addition to our long-term financial strength and ability to meet the challenges and opportunities the future will bring. However, today’s efforts are supported through annual gifts as we raise our budget year-over-year, and we greatly appreciate and encourage any annual support you may want to consider.
What if I want to add to or change my Will Power Society gift?
Most planned gifts are revocable, which means you can change or modify your gift at any time.
Am I too young to consider a planned gift?
There is no age requirement for a planned gift. Research shows 43% of individuals who include gifts to charity in their planned giving are under age 55. Since a letter of intent is not binding, you are able to join the Gilda’s Club Will Power Society at any time to show your desire to make a lasting impact; you can always change your gift size or method later.
What if I don’t have a lot of wealth?
Almost everyone has the ability to make a planned gift, regardless of wealth. There is no specific size of planned gift one must give – it is up to you! You may choose to give a specific dollar amount, a percentage of your estate, or certain assets, such as real estate or a retirement account. The average size bequest, the most common type of planned gift, is typically in the range of $25,000 to $100,000. The Will Power Society does not share donation amounts, but recognizes donors who choose not to be anonymous, based on your desire to make a future impact.
What if I make a planned gift and the funds aren’t there in the future?
The Letter of Intent we ask you to complete is not binding and does not constitute a legal promise of any future donation should a planned gift not be realized.