Why Beneficiary Designations Should Be Part of Your Nonprofit Fundraising Plan from names for bank accounts Watch Video
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Description: Beth McCray, gift planner with the Saint Paul & Minnesota Foundation, explores what beneficiary designations are and how your donors can use this simple, life-planning tool to support your nonprofit.nnA beneficiary designation names the person(s) you want to receive a specific asset upon your passing ― listing your spouse or children as beneficiaries on a life insurance policy, for example. In addition to their loved ones, donors can also use beneficiary designations to support the causes