"Duty cannot exist without faith."
- Benjamin Disraeli


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Planned Giving

One of the most important ways you can help The Arc of Stanly County, Inc. ensure the future of programs for people with mental retardation is through planned gifts. Planned giving offers you an excellent way to generate additional income and, at the same time, make a sizeable gift to The Arc of Stanly County, Inc. A form of private philanthropy reinforced by federal and state tax laws, planned giving includes:
  • Bequests
  • Life insurance policies
  • Real estate
  • Retirement plan and IRA ../designations
  • Trusts
  • QTIP: Flexibility for Family Contingencies
  • Income-producing gifts
  • Charitable Lead Trusts
Making a planned gift is surprisingly easy. If you don't have a will, or if your existing will has not been reviewed for several years, a visit to your attorney is highly recommended. Your bequest should be carefully drafted to ensure that it does what you intend it to do. However, it can be as simple as the following example:

"I bequeath to The Arc of Stanly County, Inc., an organization providing programs and services to people with mental retardation in central North Carolina, the sum of ____ dollars ($) [or a specific insurance policy, trust, stock or real property] to be used for its general purposes."

If you recently signed your will, there is no need to rewrite it. Instead, you can provide for a gift through a codicil, a legal modification to a will that saves the time and expense of revising an entire document. A bequest by codicil could be phrased like this:

"I add to my existing will dated _____ the following provisions: I bequeath to The Arc of Stanly County, Inc., an organization that provides programs and services to people with mental retardation in central North Carolina, the sum of _____ dollars ($) [or a specific insurance, trust, stock and real property] to be used for its general purposes.

Questions? Contact Jackie McGowen at (704) 983-3911 ext. 21 or via email at JMcGowen@arcofstanlync.org.



The Arc of Stanly County, Inc. 2005 All RIghts Reserved.