Ways to Give
bequests to the signet society
Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, known as a bequest, can guarantee that your legacy endures. Your gift may be a specific dollar amount, a percentage of your estate, or the remainder after all other provisions are specified. Thank you, from the entire Signet community!
If you have named the Signet in your will or trust, please let us know so we can ensure that your gift is used according to your wishes (617-547-0526; contact us.) Notifying us of your plans will enable us to plan for the use of your future gift. However, if you prefer to remain anonymous, we will keep your name and gift in strict confidence.
Our legal name is Signet Associates, and our Federal tax ID number is: 04-6040508
sample bequest language
"I give to Signet Associates, a Massachusetts educational, charitable corporation currently located at 46 Dunster Street, Cambridge, MA 02138, or its successor thereto, _________ [written dollar amount or percentage of the estate or description of property] for its unrestricted charitable use and purpose."
To designate your provision for a particular purpose:
"I give to Signet Associates, a Massachusetts educational, charitable corporation currently located at 46 Dunster Street, Cambridge, MA 02138, or its successor thereto, _________ [written dollar amount or percentage of the estate or description of property]. This gift should be used for (state purpose) if and so long as Signet Associates determines that the need exists. If Signet Associates shall determine at the outset or at a later time that the need does not exist, or no longer exists, or for some reason it is not possible (or prudent) to administer my gift as originally intended, then Signet Associates may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above."
__________________
Qualified Charitable Distribution (QCD) Sample letter language
IRA Company Name & Address (Date)
RE: Request for charitable distribution from my Individual Retirement Account for the 20__ Tax Year
Dear IRA Custodian:
Please accept this letter as my request to make a direct charitable distribution from my
Individual Retirement Account, Account #____________________________ as authorized by Section 408(d)(8) of the Internal Revenue Code.
Please issue a check in the amount of $ _______________ payable to the following charitable organization at the following address:
46 Dunster Street, Cambridge, MA 0213, EIN: 04-6040508.
In your transmittal to the above-named organization, please communicate my name and address as the donor of record in connection with this transfer.
Please copy me on your transmittal. It is my intention to have this transfer be a Qualified Charitable Distribution (QCD) that will qualify for exclusion from my taxable income during the 20__ tax year. This QCD will fulfill part or all of my Required Minimum Distribution for this year. Therefore, it is imperative this distribution be postmarked no later than December 31, 20__.
If you have any questions or need to contact me, I can be reached at_______________
Thank you for your assistance and prompt attention to this matter.
Sincerely,
_____________________________
[Signature]
[Home Address]
[Plan Owner Print Name]