The Genesis Club Legacy Society recognizes individuals who have chosen to include Genesis Club in their estate plans through a planned or deferred gift. Legacy gifts provide long-term financial stability while creating a lasting impact on the lives of people living with mental illness.

There are many ways to support Genesis Club through your estate plan, including:

• A bequest in your will

• Naming Genesis Club as a beneficiary of a retirement account or IRA

• Life insurance

• Charitable trusts

• Charitable gift annuities

• Gifts of real estate or life estates

No minimum gift is required.

Simply:

1. Include Genesis Club in your estate plans.

2. Let us know by completing a simple Statement of Gift Intent.

3. Choose whether you'd like to be recognized publicly or remain anonymous.

A Bequest in a Will  The easiest and most common way of making a planned gift is through a bequest in your will.  You can designate a specific amount of money, a percentage of your estate, or a specific asset. Genesis Club, Inc. could also be named as a contingent beneficiary.

Life Income Gifts  Gifts such as a charitable gift annuity, a charitable remainder trust, or a pooled income fund provide you and/or your designated beneficiary income for life.  Upon your passing, Genesis Club, Inc. receives the gift.  Life income gifts generally reduce or eliminate certain taxes and guarantee an income for life.

Life Insurance  Life insurance can be used to make a sizable gift to Genesis Club, Inc.  For example, you can purchase a new policy and make Genesis Club, Inc. the owner and beneficiary of the policy. You can make Genesis Club, Inc. the owner and beneficiary of an existing policy you no longer need.  Or you can name Genesis Club, Inc. as a contingent beneficiary of an existing policy.  Your life insurance could “endow” your annual pledge to Genesis Club, Inc.

A Life Estate  You can deed your home, vacation property, or condominium to Genesis Club, Inc. and retain the right to live in the property and/or receive income from the property for as long as you or your beneficiaries live.  A life estate gift reduces capital gains, inheritance and estate taxes and offers an income tax deduction as well.

The following are examples of three outright gift provisions. The sample language illustrates how a bequest or a gift through a living trust can be accomplished, and is intended to be used for educational purposes rather than as advice. We encourage donors to share this information with their legal counsel, and recommend that anyone undertaking estate planning do so with the consultation of an attorney.

Specific Bequest  A specific bequest gives a specific item or specific piece of property to Genesis Club, Inc. Such bequests are fulfilled first, before cash and residuary bequests.

“I give (describe asset) to Genesis Club, Inc., a Massachusetts non-profit corporation, 274 Lincoln Street, Worcester, MA 01605, to further the objectives and purposes of the Genesis Club, Inc.”

Cash Bequest  A cash bequest provides Genesis Club, Inc. with a specified sum of money from a donor’s estate. These bequests are fulfilled second, after specific and before residuary bequests.

“I give ($) to Genesis Club, Inc., a Massachusetts non-profit corporation, 274 Lincoln Street, Worcester, MA 01605 to further the objectives and purposes of Genesis Club, Inc.”

Residuary Bequest  A residuary bequest is made from the residue, or what remains in a donor’s estate after specific and cash bequests, taxes, settlement costs and debts are satisfied. This type of bequest is sensitive to changes in the size of the estate over time.

“I give the residue (% of the residue) of my estate to Genesis Club, Inc. a Massachusetts non-profit corporation, 274 Lincoln Street, Worcester, MA 01605, to further the objectives and purposes of Genesis Club, Inc.”

Sharing your intentions allows us to:

• Thank you during your lifetime

• Welcome you to the Legacy Society

• Ensure your gift is used according to your wishes

• Respect your preference for public recognition or anonymity

Businesses and organizations play an important role in helping Genesis Club create opportunities for recovery. Sponsorships support member programs, special events, employment initiatives, educational opportunities, and community celebrations while demonstrating your organization's commitment to mental health recovery.

Benefits may include:

• Recognition on our website

• Event sponsorship opportunities

• Social media recognition

• Logo placement on select materials

• Opportunities to engage with our mission

Interested in becoming a corporate sponsor?
Contact Lisa Brennan to discuss partnership opportunities.