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» Gift Acceptance Policy
Gift Acceptance Policy

Bequest

Gifts can be made through a will that can be a specific dollar amount or a percentage of an estate.

Real Estate

Gifts of real estate will be sold by a professional realtor. The value will be determined by an accredited real estate appraiser. Goodwill will not hold property unless it can be used for office, retail, production, warehouse or other business related functions. Goodwill will not accept a gift of property until any real estate tax burden has been established and/or any environmental or other liability has been determined.

Life Insurance

Goodwill can be named as a beneficiary on a life insurance policy that will be paid out upon the donor's death.

Bank and Investment Accounts

It is the policy of Goodwill to liquidate investments and roll the proceeds into our already established accounts. Goodwill investments are managed by a Trust Officer. The timing of the liquidation of accounts will be determined jointly by Goodwill and its Trust Officer.

Other Property

Other physical assets may be accepted. Goodwill will sell assets after having an appraisal done of the items donated. Goodwill will not hold property unless it can be used for office, retail, production, warehouse or other business related functions.


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