Giving
Planned Giving & Estate Gifts
One of the most meaningful ways to support the Goin' Band Association — now and for generations to come.
A planned gift is a contribution arranged today that takes effect in the future — typically through your estate or financial planning. Gifts of this kind are among the most impactful a supporter can make, and they come in many forms to fit your personal and financial situation. Every planned gift to the GBA goes directly toward the GBA Scholarship Endowment at Texas Tech University.
Common Types of Planned Gifts
Bequest
Leave a Gift in Your Will. A bequest is a gift made through your will or living trust. You designate a specific amount, a percentage of your estate, or a particular asset to the GBA. It costs nothing today and can be updated at any time.
Beneficiary Designation
Name the GBA as a Beneficiary. You can name the Goin' Band Association as a beneficiary on a life insurance policy, retirement account, or bank account. It's one of the simplest planned gifts to arrange — often just a form with your financial institution.
Charitable Trust
Give Through a Trust. A charitable remainder trust or similar arrangement can provide income to you or your family during your lifetime, with the remainder passing to the GBA. This option is best explored with an estate planning attorney.
Tax Considerations
The Goin' Band Association is a registered 501(c)(3) nonprofit. Planned gifts are generally tax-deductible, and many arrangements offer additional estate or income tax benefits. We strongly encourage you to consult an estate planning attorney or financial advisor to understand the options that best fit your situation. The GBA is happy to provide any documentation needed to support that conversation.