Donor Advised Funds - Bequests
You can ensure
your charitable intent with a bequest to the American Endowment Foundation
through your will or trust.
Bequests
are the most frequent type of planned gift made to charity. Your estate
receives a charitable deduction for the full amount given, so your heirs
pay no estate tax on the gift.
AEF offers
flexible options for Fund management and continuing family involvement.
See AEF Program Description and Application
You may direct
your bequest to the American Endowment Foundation by funding a Donor Advised
Fund in advance ($10,000 minimum contribution), or by completing an AEF
Donor Advised Fund application in advance and inserting appropriate language
in your will.
Sample
Language for a Charitable Bequest in your will
The following
three types of bequests direct your gift to the American Endowment Foundation.
Percentage bequest:
”I give, devise and bequeath to American Endowment Foundation
(EIN-34-1747398), a nonprofit corporation of the State of Ohio, located
at 1521 Georgetown Road, Hudson, OH 44236, ____% of my estate to create
a Donor Advised Fund.”
Specific
bequest:
"I give, devise and bequeath to American Endowment Foundation (EIN-34-1747398),
a nonprofit corporation of the State of Ohio, located at 1521 Georgetown
Road, Hudson, OH 44236, to create a Donor Advised Fund,
(Choose one)
1) The sum of $___________."
2) __________ shares of stock in ________________Company.", or
3) my real property commonly known as _________________."
Residual
bequest:
"I give, devise and bequeath to American Endowment Foundation (EIN-34-1747398),
a nonprofit corporation of the State of Ohio, located at 1521 Georgetown
Road, Hudson, OH 44236, all the residue of my estate, including real
personal property to create a Donor Advised Fund."
|
