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Legacy Society 2019-09-16T19:51:38+00:00

The Legacy Society

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.
  • 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).
  • 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.

Creating Your Legacy… 

Jane Wiley has been a friend of the Community Foundation for over two decades.  She’s thankful that she had the opportunity to experience at an early age the impact that endowment could have on herself and her family.

Jane’s Grandmother left a beautiful handwritten letter explaining to Jane that a fund had been established that would provide her with a monthly amount that Jane could always count on.  “That was very powerful for me, and it meant so much to know I could count on it for myself and my family.  Now I want to provide the same thing for the community that I love.”

Jane’s knowledge and experience with meaningful projects being funded and how they aligned with her philanthropic interests helped her make the decision to become a member of the Legacy Society and include the Community Foundation in her estate plans.  “The Community Foundation is incredibly flexible for me.  Life is uncertain and things change.  The Community Foundation keeps pace with those changes and will be able to address those community opportunities as they arise on my behalf, well into the future.” – Jane Wiley

Sample Bequest Language

“I give to the Community Foundation of North Central Wisconsin, a Wisconsin nonprofit public charity, (insert the percentage of your estate, trust or a sum of money) OR (all my right, title and interest in the following described property _________). This gift shall be used to establish the ________ Fund and shall be invested and distributed at the sole discretion of the Community Foundation of North Central Wisconsin’s Board of Directors.” (If you wish to name additional beneficiaries, please state them here.)

“I give to the Community Foundation of North Central Wisconsin, a Wisconsin nonprofit public charity, (insert the percentage of your estate, trust or a sum of money) OR (all my right, title and interest in the following described property _________). This gift shall be used to establish the ________ Fund. I would like (insert names) to recommend grant recipients from the Fund. I understand the Community Foundation of North Central Wisconsin’s Board of Directors holds legal responsibility for the Fund and is solely responsible for the investment of and distributions from the Fund.” (If you wish to name additional beneficiaries, please state them here.)
“I give to the Community Foundation of North Central Wisconsin, a Wisconsin nonprofit public charity, (insert the percentage of your estate, trust or a sum of money) OR (all my right, title and interest in the following described property _________). This gift shall be used to establish the _________ Fund. This fund is designed to support the (insert name of agency or organization). I understand the Community Foundation of North Central Wisconsin’s Board of Directors holds legal responsibility for the Fund and is solely responsible for the investment of and distributions from the Fund. (If you wish to name additional beneficiaries, please state them here.)
“I give to the Community Foundation of North Central Wisconsin, a Wisconsin nonprofit public charity, (insert the percentage of your estate, trust or a sum of money) OR (all my right, title and interest in the following described property _________). This gift shall be used to establish the _________ Fund, which is designed to benefit (insert field of interest, such as the arts, youth or a specific town or city). I understand the Community Foundation of North Central Wisconsin’s Board of Directors holds legal responsibility for the Fund and is solely responsible for the investment of and distributions from the Fund. (If you wish to name additional beneficiaries, please state them here.)
“I give to the Community Foundation of North Central Wisconsin, a Wisconsin nonprofit public charity, (insert the percentage of your estate, trust or a sum of money) OR (all my right, title and interest in the following described property _________). This gift shall be used to establish the _________ Fund, which is designed to benefit (insert what you want the scholarship to support: students in need, students at a specific college/university, or students in a specific major). I understand the Community Foundation of North Central Wisconsin’s Board of Directors holds legal responsibility for the Fund and is solely responsible for the investment of and distributions from the Fund.

This language is provided as a sample only. It should be reviewed by your professional advisor.