Support TMYL with Planned Giving

What is a planned gift?

A Planned Gift is a lasting investment in Teaching & Mentoring Young Leaders (TMYL), advancing our mission and ensuring our ability to serve youth in the Lansing area for many years to come.

Bequests are the most popular and easiest type of planned gift. Bequests are left in a donor’s trust, will, or estate plan, and are given to a nonprofit upon the donor's passing. Other forms of Planned Gifts include:

  • Charitable gift annuities

  • Charitable remainder trusts

  • Charitable lead trusts

Benefits

1. Allows donors to leave a legacy. Making a bequest in your will is a powerful way to leave a lasting impact.

2. You can decide how your planned gifts are used. When leaving a bequest in a will to a charitable organization, donors can allocate how or where they want that money to be spent.

3. Planned gifts can come with tax breaks. Bequests can reduce federal estate taxes for heirs, and these deductions aren’t limited to cash — they can include assets like real estate, IRAs, and stock. Some other types of planned gifts, such as charitable remainder trusts, are granted tax-exempt status by the IRS.

Planned Giving Opportunities

  • You may leave TMYL:

    • A stated dollar amount

    • A percentage of your residual estate (what remains after gifts to loved ones and expenses have been paid), or

    • A specific asset, such as securities or other marketable property

    How to Name TMYL in Your Will:

    Legal Name: Teaching & Mentoring Young Leaders

    Address: 1220 W Kalamazoo Street , Lansing, MI 48915

    Federal Tax ID#: 81-0583592

  • Naming Teaching & Mentoring Young Leaders as a beneficiary on your retirement account or life insurance policy is an easy and impactful way to support TMYL’s future without changing your will or living trust. Beneficiary designation gifts pass directly to TMYL without going through the probate process and go right to work to help us serve the youth of Lansing.

  • TMYL can be named as a beneficiary of all or a specified percentage of a donor’s IRA, 401(k), 403(b), or other retirement plan.

    Individuals who inherit retirement plan assets are usually required to pay income tax on them, so they're often considered among the best assets to leave to charity.

    Ask your retirement plan administrator or financial institution for a change of beneficiary form. Please list us as:

    Legal Name: Teaching & Mentoring Young Leaders

    Address: 1220 W Kalamazoo Street , Lansing, MI 48915

    Federal Tax ID#: 81-0583592

View our planned giving policies (coming soon)

Let Us Know About Your Intention

Please let us know if you have included us in your future planning!

Thank you for considering including Teaching & Mentoring Young Leaders (TMYL) in your future planning. Please let us know of your intentions or if you have any questions about planned giving by emailing Rebecca Johnson.