Create a Legacy for Babies and Families
Your commitment to babies and families can make a difference today and for generations to come.
Including Greater DC Diaper Bank in your charitable or estate plans is a meaningful way to help ensure future generations of families across our region can access the diapers and other essentials their babies need to be clean, dry, and healthy.
Creating a legacy gift may also be simpler than you think. There are several ways to include Greater DC Diaper Bank in your future plans, including options that do not require you to change your will.
A note about this information: The information on this page is provided for general educational purposes and is not intended as legal, tax, or financial advice. We encourage you to consult with your attorney, financial advisor, or tax professional about your individual circumstances and plans.
Leave a Legacy Without Changing Your Will
Your will isn’t the only way to make a future gift. Many financial accounts and other assets allow you to name the people and organizations that will receive them through a beneficiary designation.
Depending on the type of asset, you may be able to name Greater DC Diaper Bank as a beneficiary of all or a percentage of:
- An IRA
- A 401(k), 403(b), or other retirement account
- A life insurance policy
- Certain bank accounts with a payable-on-death (POD) designation
- Certain investment accounts with a transfer-on-death (TOD) designation
Information for You or Your Advisor
If you are including Greater DC Diaper Bank in your plans, you or your professional advisor may need the following information:
Legal Name: Greater DC Diaper Bank
Federal Tax ID/EIN: 27-4276547
Mailing Address: 5614 Connecticut Ave NW #285, Washington, DC 20015
Phone: 202-702-4001
Email: donor@dcdiaperbank.org
Your attorney, financial advisor, or other professional advisor is also welcome to contact us with questions.
What Is a Beneficiary?
A beneficiary is a person or organization you designate to receive all or a portion of an account or other asset after your lifetime. Many accounts allow you to name more than one beneficiary and determine the percentage each will receive.
For example, you might choose to leave most of a retirement account to family members while designating a percentage to Greater DC Diaper Bank.
Beneficiary designations are generally made directly with the financial institution, retirement plan administrator, or insurance provider that holds the asset. Because these designations can determine who receives an asset regardless of what is stated in a will, it is important to keep them current and consider them as part of your overall estate plan.
How Do I Get Started?
Contact the institution that holds your account or policy and ask about its process for adding or updating beneficiaries. Many institutions allow you to make these changes online.
To name Greater DC Diaper Bank as a beneficiary, you may need our legal name and Federal Tax ID, which you can find above.
Include Greater DC Diaper Bank in Your Will or Trust
You can also create a lasting legacy by including Greater DC Diaper Bank in your will or living trust.
A charitable bequest allows you to retain control of your assets during your lifetime while providing future support for babies and families. Your gift might be:
- A percentage bequest: A percentage of your estate
- A specific bequest: A specific dollar amount
- A residuary bequest: All or a portion of what remains after other gifts and obligations have been fulfilled
We have prepared sample language that you can share with your attorney as a starting point when creating or updating your plans. We encourage you to review any charitable bequest language with your attorney to ensure it reflects your wishes and is appropriate for your estate plan.
Include GDCDB in Your End-of-Life Plans
Your legacy can also be reflected in how you ask family and friends to remember you.
As you document your wishes for a funeral, memorial service, celebration of life, or obituary, you may choose to invite loved ones to support a cause that is meaningful to you. This could include asking that gifts be made to Greater DC Diaper Bank in your memory, either in lieu of flowers or simply as another way to honor your life and the causes you care about.
If you let us know about your wishes in advance, we can work with you to make the process easier for your loved ones. This can include creating a personalized memorial giving page and providing a link that can be shared in an obituary, service materials, email, or other communications.
Want to Learn More?
Every person’s plans and circumstances are different. If you are considering a future gift to Greater DC Diaper Bank and would like to learn more, we’d be happy to talk with you. There is no obligation to make a gift, and we’re happy to answer questions as you explore your options.
Email: donor@dcdiaperbank.org
Phone: 202-702-4001
Already Included Us in Your Plans?
If you have already included Greater DC Diaper Bank in your will, trust, beneficiary designation, or other plans, we would be grateful if you would let us know.
Sharing your plans with us is entirely optional and does not create a binding commitment. It gives us an opportunity to thank you for your generosity, better understand your intentions, and recognize your commitment in the way you prefer.
Greater DC Diaper Bank does not provide legal, tax, or financial advice. We encourage you to consult with your attorney, financial advisor, or tax professional when considering a charitable gift as part of your estate or financial plans.