Legacy and Planned Giving Summary
Create Your Legacy of Acceptance
Leave a gift today that shelters, affirms, and empowers LGBTQ+ youth for generations.
At Time Out Youth (TOY), we believe every young person deserves a community where they are safe, seen, and celebrated. By including TOY in your estate plans—through your will, trust, or retirement account—you make sure Charlotte-area LGBTQ+ youth always have a place to call home, no matter what the future brings.
Why Legacy Gifts Matter at TOY
- Stability in Uncertain Times – Your future gift provides a reliable funding pipeline for housing, mental-health counseling, and leadership training.
- Amplifying Youth Voices – Legacy commitments allow TOY to expand advocacy initiatives that help young people drive change in their schools, workplaces, and communities.
- Generational Impact – One bequest today can ripple through decades of lives saved and dreams realized.
2024 Impact, Powered by Donors
- 37 youth housed safely
- 566 free counseling sessions
- 2,719 individuals trained in LGBTQ+ inclusion
Easy, High-Impact Ways to Leave Your Legacy
| Gift Type | How It Works | Quick Benefits |
| Bequest in Your Will/Living Trust | Add one sentence naming “Time Out Youth, Inc.” (EIN 56-1755564) for a fixed amount, percentage, or the remainder of your estate. | No cost today; revocable; may reduce estate taxes. |
| Retirement Plan Beneficiary (IRA/401(k)/403(b)) | List “Time Out Youth, Inc.” (EIN 56-1755564) as a full or partial beneficiary on your plan document. | Avoids income tax that loved ones would otherwise owe. |
| Life-Insurance Beneficiary | Name “Time Out Youth, Inc.” (EIN 56-1755564) on an existing or new policy. | Turn low-cost premiums into a high-impact future gift. |
Thinking about a charitable gift annuity or trust? We’re happy to help facilitate—just reach out.
Your Gift in Action
A legacy gift fuels four cornerstone programs:
- Drop-In Center – open daily for peer connection, hot meals, and vital resources.
- Clinical Counseling – free, affirming therapy sessions from licensed clinicians.
- Housing Support – short- and long-term housing navigation.
- Youth Leadership & Advocacy – training young people to champion themselves.
How to Get Started
- Talk with Your Advisor – Explore which option aligns with your financial goals.
- Legal Name: Time Out Youth, Inc.
- Address: 3800 Monroe Rd., Charlotte, NC 28205
- EIN: 56-1755564
- Tell Us Your Plan – Sharing (confidentially) lets us honor your wishes and welcome you into the Chosen Family Circle.
We’re Here to Help
Planned Giving Team
Gregory Raynor, 704-344-8335 | ✉ gregory@timeoutyouth.org
Whether you’re updating a will or filling out a beneficiary form, our team can guide the conversation—always at your comfort level, always in strict confidence.
Disclaimer
Time Out Youth Center, Inc. is a 501(c)(3) nonprofit organization. This information is not intended as legal or financial advice. For advice specific to your situation, please consult your attorney or financial advisor.
Thank you for turning acceptance into action. Your legacy ensures LGBTQ+ youth will always have a safe place to land—and launch.
Ready to make your gift?
Feel free to download our Legacy Gift Intention Form, an optional way to inform us of your gift and its future impact! Email to gregory@timeoutyouth.org when completed!
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Legacy and Planned Giving FAQ
Got questions about planned giving at Time Out Youth? We’re here to help you leave a legacy that empowers LGBTQ+ youth for generations.
1. What is planned giving at Time Out Youth?
Planned giving means making a gift that usually takes some advance thought and planning—like including TOY in your will, naming us as a beneficiary on your retirement account, or other options that make a lasting impact long after today.
2. Do I need to be wealthy to make a planned gift?
Absolutely not. Legacy gifts come in all sizes. Even a small percentage of a retirement account or a modest bequest can help keep our doors open and our programs thriving. Every gift counts and makes a difference.
3. I already give annually. Why consider a legacy gift too?
Your ongoing support fuels TOY’s programs now. A legacy gift helps ensure those programs exist for years to come, no matter what. Together, your gifts create a safety net for future LGBTQ+ youth.
4. How do I add Time Out Youth to my will?
You can ask your attorney to include simple language like:
“I give % of my estate (or $) to Time Out Youth, Inc., a North Carolina nonprofit (EIN 56-1755564), for its general purposes.”
5. Are there tax benefits to planned giving?
Yes! Many planned gifts reduce estate taxes, and retirement assets left to TOY avoid income taxes that would otherwise apply. We always recommend chatting with your financial or legal advisor to understand what’s best for you.
6. Can I direct my gift to a specific TOY program?
Yes! Whether it’s counseling, housing, community training, or general support, we honor your wishes when you let us know.
7. What information do I need to provide when naming TOY as a beneficiary?
Use our official details to ensure your gift reaches us correctly:
- Legal Name: Time Out Youth, Inc.
- Address: 3800 Monroe Rd., Charlotte, NC 28205
- EIN: 56-1755564
8. Can I change my planned gift if my circumstances change?
Most planned gifts like bequests and beneficiary designations are revocable. You can update them anytime to reflect your current wishes.
9. Should I tell Time Out Youth if I’ve included you in my plans?
You don’t have to, but if you do, we’d love to welcome you to our Chosen Family Circle, a special community honoring our legacy donors. Plus, it helps us make sure your gift is handled exactly as you intend.
10. Who can I talk to for more information or to share my plans?
Our Planned Giving Team is here for you! Reach out anytime at:
Gregory Raynor, 704-344-8335
gregory@timeoutyouth.org
Still have questions?
We’re happy to chat and walk you through any part of the process. Your legacy gift is a powerful way to keep LGBTQ+ youth safe, supported, and celebrated—for generations.