Bequest

Often the easiest way to support charitable interests, a bequest permits your clients to support the community while retaining complete control over their assets during their lifetimes. Bequests can be a specific dollar amount, a percentage of an estate, or what remains after other bequests, such as those to family members, are satisfied.

If your client's bequest to any endowed fund at the Foundation is anticipated to be greater than $25,000 (or $10,000 for an unrestricted fund), please let us know.  We would like to include your client as a member of the Legacy Society.

HIGHLIGHTS:

  • Heirs may receive lifetime income from a charitable trust, with the remainder going to the Foundation for charitable purposes.
  • Donors may name a new fund, an existing fund, or a specific group or organization to receive their bequest to the Foundation.
  • Donors can give cash, appreciated stocks, or other assets.
  • Some of the most tax-efficient asset types to give through a will come from retirement plans, which can be far more advantageous than having those assets included in a taxable estate or leaving them to heirs, in which case they may be taxed at a cumulative rate of over 65%.
  • Bequests to the Foundation earn a full charitable deduction on estate taxes.

  Download suggested bequest language to use when including the Foundation in your will or living trust.

 
 


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