Other Ways to Donate

There are many ways that you can support HGRM today as well as provide for HGRM in the future. If you have questions or would like to discuss your gift intentions, please contact us. Thanks so much for your support!

Strengthen Our Future with a Bequest

Sometimes the best way to support an organization you care about is through a bequest. The suggested language to use in your will to make a bequest to Household Goods Recycling Ministry is as follows:

"I give (___ dollars / ___ percent or all of the rest and residue of my estate, real, personal or mixed, wherever situated) to the Household Goods Recycling Ministry, Inc., a Massachusetts 501(c)(3) charitable organization, to support the general purposes of the organization."

Gifts of Retirement Plan Assets

Naming HGRM as a beneficiary of your IRA, 401(k), or other qualified retirement plan account can be a particularly easy and advantageous way to leave a legacy to HGRM.

Retirement plan assets can be heavily taxed when left to your heirs (except for your spouse). By naming HGRM as the beneficiary of the remainder of your retirement plan after the death of you or your spouse, 100 percent of the plan’s balance would be available for HGRM’s use, since the distribution would avoid both income and estate taxes.

To make this gift, you can simply notify your plan’s administrator of your wish to change the beneficiary. A "change of beneficiary" form will be required. Should you designate that your qualified retirement plan come directly to HGRM at your death, your spouse may need to sign a consent form, also provided by your plan’s administrator.

If your spouse and children are currently the beneficiaries of your retirement plan, you can continue to keep them as beneficiaries, and also include HGRM as the beneficiary of a portion of the plan. Upon your death, the plan administrator can "cash out" the Fellowship’s percentage of the account without affecting your family’s inheritance of the account, so that both HGRM and your heirs can benefit from your retirement savings.

Matching Gifts

Many local and national companies will match employee contributions to HGRM. Check with your company's Human Resources department to see whether your employer has a matching gifts program. The human resources department at most employers can provide you with matching gift forms.

If you have questions or would like to discuss your gift intentions, call the main line at (978) 635-1763 to leave a message.  Your inquiry will be answered as soon as possible. 

Thanks so much for your support!

 


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Updated 30 June 2006
Copyright © 2006 Household Goods Recycling Ministry. All rights reserved.