“VYCC is worth investing in for the long term. That’s why I have included a gift to VYCC in my will.”

You can include a gift to VYCC in your will without diminishing the assets available to you during your life. You can designate an amount or percentage of your estate.

Since bequests are deductible from your taxable estate, significant estate tax savings may be possible.  

Specific Bequest
“I give and bequeath __ (specific amount, item or % of my gross estate) to the Vermont Youth Conservation Corps, a Vermont non-profit organization, located in Richmond, Vermont, for its youth development purposes.”

Residual Bequest
“The rest, residue and remainder of my estate, both real and personal, wherever situated, I give and bequeath to the Vermont Youth Conservation Corps, located in Richmond, Vermont, for its youth development purposes.”

Contingent Bequest
“If any of the above-named beneficiaries should predecease me, I hereby bequeath his or her share to the Vermont Youth Conservation Corps, located in Richmond, Vermont, to be used for its general purposes.”

You can create ongoing opportunities for Vermont’s youth by naming VYCC as primary beneficiary or contingent beneficiary of your retirement assets or life insurance policy. The benefits will pass to VYCC free of estate tax. This removes an asset from your potential gross taxable estate, saving on taxes in the future. 

To designate retirement assets, use the Beneficiary Retirement Form through your plan provider. An extra step may be required to designate a 401(k). After your lifetime, the residue of your plan passes to VYCC tax-free and to any other named heirs.  

“Youth and conservation – what better combination for a legacy gift in Vermont! … Though somewhat casual in our annual giving, the process of formalizing our long-term giving felt different. It required more intention and discernment. We emerged feeling confident and joyful that our legacy gifts, especially to VYCC, will contribute toward the building of a more just and hope-filled world.” – Will and Julie 

If you are drawing funds from your retirement plan because you have reached the age of 70.5, but don’t require this income, you can send these funds directly to VYCC for an immediate and lasting gift supporting Vermont and its young people.  

Rather than pay taxes on this income, you can ask your bank to send the funds directly to VYCC, tax-free.  

Your financial advisor or our partners at the Vermont Community Foundation can help you determine your best options for making a lasting impact for Vermont’s youth and providing for your heirs.

A Charitable Gift Annuity is a contract between you and VYCC, whereby you transfer cash or property to VYCC in exchange for a partial tax deduction and a lifetime stream of annual income from VYCC. After your lifetime, VYCC will use this gift to support our programs.  

VYCC partners with the highly regarded Vermont Community Foundation to offer charitable gift annuities that benefit the VYCC endowment.  

Contact Emilye Pelow Corbett, CAP® 
Philanthropic and Planned Giving Advisor at (802) 388-3355 ext. 230 
Or your VCF Philanthropic Advisor

Charitable remainder trust or charitable lead trust 

Please contact Vermont Community Foundation to discuss these gift vehicles and how they might enable you to make a significant impact in Vermont. 

A residence or other real property may be given as an outright gift, or you may donate property and retain the right to occupy it for life. You receive a charitable deduction in the year you arrange your gift. 

In addition to supporting life-changing experiences for youth and young adults, your gift of stock (appreciated securities) has tax advantages for you. You can avoid capital gains tax that would apply if you sell the shares yourself, and you receive a tax deduction for the average market value of the shares on the day they are gifted to VYCC.

Learn more by visiting our Give Stock page.