Leave a Legacy

A charitable bequest in your will is one of the simplest and most meaningful ways to support the future of Clothes To Kids of Denver. By including a gift in your estate plans, you can make a lasting impact on children and families while creating a legacy that reflects your values and commitment to our mission.

A will is a legal document that directs how your assets are distributed, and a bequest may offer potential tax advantages for you and your heirs — while also providing essential, lasting resources to help Clothes To Kids Denver continue serving students for years to come.

We are pleased to provide sample bequest language and encourage you to consult your tax or legal advisor to learn how a planned gift may benefit you, your family, and the community you care about most. These examples are provided for illustration and can be tailored to reflect your wishes. 

Residual Gift Language

A residual bequest allows you to support Clothes To Kids Denver after your estate expenses and specific gifts to loved ones have been fulfilled.

Sample language: I give to Clothes To Kids of Denver, Tax ID #26-2148733, located in Denver, Colorado, all (or ____ percent) of the rest, residue, and remainder of my estate, both real and personal property, to be used for its general support.

Specific Gift Language

A specific bequest designates a particular dollar amount or asset to support our mission.

Sample language: I give to Clothes To Kids of Denver, Tax ID #26-2148733, located in Denver, Colorado, the sum of $__________ (or describe the specific asset) to be used for its general support.

If you are at least 70 ½ years old, you can give tax-free distributions to Clothes To Kids of Denver annually from your Individual Retirement Account (IRA).

You can name Clothes To Kids of Denver as a beneficiary of your savings or retirement plan such as 401(k), 457, 403(b) or IRA. A beneficiary designation gift is an easy, flexible way to create a lasting legacy. By naming us as a beneficiary of a retirement account, investment account, bank account, or existing life insurance policy, you can support children and families long into the future — without affecting your current finances.

How It Works

1. Request the Form – Contact your bank, investment firm, or insurance company to request a beneficiary designation form. Each institution has its own form, so it must be requested directly.
   
2. Name Clothes To Kids Denver – On the form, designate Clothes To Kids of Denver as a beneficiary. You can specify a dollar amount or a percentage of the account.
   
3. Provide Your Advisor with Our Details – To ensure your gift is directed correctly, give your legal or financial advisor our Legal Name (Clothes To Kids of Denver, Inc.) and EIN (26-2148733)

Sample Wording for Your Form

“I give % (or $) of my [retirement account/life insurance policy/investment account] to Clothes To Kids of Denver, a nonprofit organization located in Denver, Colorado (EIN 26-2148733), to be used for its general support.”

Next Steps

• Consult Your Advisor – For guidance on tax advantages or estate planning, speak with your legal or financial advisor.
• Complete the Form – Submit the beneficiary designation form directly to your financial institution.
• Notify Us (Optional) – Let us know if you’ve included Clothes To Kids of Denver in your plans so we can welcome you to our Legacy Society and recognize your generosity.

You can name Clothes To Kids of Denver as a beneficiary of a new or existing life insurance policy.

Assets can be placed in trust for the eventual benefit of Clothes To Kids of Denver and, in the interim, the trust pays an income to you and/or your designated income beneficiaries.