A will is the simplest way to distribute your estate and can be used to provide for the needs of loved ones and make thoughtful gifts to those charities you care about most. You can make a gift to the ETV Endowment through your will or via a codicil to your will. A bequest, either a specific sum or a percentage of your estate, enables you to make a lasting gift in support of programming on SCETV and SC Public Radio while retaining full control of your assets throughout your life. A bequest can also reduce estate taxes.
Sample Wording for Wills:
To change your existing will - Download Sample Language
To give a percentage of your estate - Download Sample Language
To give a specific amount - Download Sample Language
To give a gift of property - Download Sample Language
Please contact Rachel Chesser, Planned Giving Officer, to confirm that your gift of property falls within our gift acceptance policy.
Revocable Living Trust
A revocable living trust allows you to pass your property on to loved ones while minimizing probate costs. Similar to a charitable bequest through a will, such a gift is deductible from estate taxes and can be delayed until provisions have been made for all family members.
A simple way to make a significant gift in the future is to name a charitable organization as beneficiary to receive all or a portion of the proceeds of a life insurance policy. Not all life insurance coverage may be needed for the reason it was initially purchased and could be used as a convenient way to fund meaningful charitable gifts. Another way to make a gift of insurance is to purchase a new policy, naming a favorite organization as beneficiary. One of the benefits of this gift option is that if the policy is designated with an irrevocable charitable beneficiary, the premiums are tax deductible.
Retained Life Estate
Through a retained life estate, you transfer ownership of your home or certain other real estate to the ETV Endowment, while retaining the right to live in the property. You can receive a current tax deduction and have the satisfaction of making a significant gift to support programming on SCETV and SC Public Radio. You continue to care for the property, pay the taxes and even receive any income it generates while living there. Upon your death (or that of a loved one), the property goes to the ETV Endowment without passing through your probated estate, thereby saving unnecessary expense and delay.
The planned gift information presented on our site is intended to provide you with an overview of giving options. You can choose the giving option, or even a combination of gifts, that best suits you and your family’s needs. As you take steps to create your personal legacy, we recommend that you consult your attorney or financial advisor.
Please share with your attorney or financial advisor:
ETV Endowment of South Carolina, Inc.
Federal Tax ID: 57-0657549
401 E. Kennedy Street
Spartanburg, SC 29302
For more information, please contact our Planned Giving Officer, Rachel Chesser.