The Legacy Society recognizes donors who plan to form, or add to, a permanent fund through executed planned giving vehicles such as a will or life insurance policy. In planning for the future, donors can be assured their legacy will be reflected according to their wishes. Naming the Community Foundation as the beneficiary can also provide substantial estate tax savings. If you have included the Community Foundation in your estate plans and would like to be included in our Legacy Society, please contact our office.
Including a charitable bequest in your will is a simple way to make a lasting gift to your community. When you make this gift through your Community Foundation, we establish a special fund that benefits the community forever and becomes your personal legacy of giving.
How it works
- You include the Community Foundation in your will as a bequest; we can help you or your attorney with recommended language.
- You determine the type of fund you would like to establish with your gift.
- Upon your death, we set up a special fund in your name, in the name of your family, or in honor of any person or organization you choose.
- Your charitable gift is excluded from your assets for estate tax purposes.
- Our professional program staff considers your charitable wishes and determines the areas of community need that would be most impacted by grants from your gift.
- Our board issues grants in the name of the fund you establish (if you prefer, grants can be made anonymously).
- We handle all the administrative details.
- Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift – and all future earnings from your gift – is a permanent source of community capital, helping to do good work forever.