A bequest or testamentary gift is the simplest way for many donors to make a significant, lasting gift to our community. When the needs of spouses, children, and other loved ones have been addressed, many people find it satisfying to know that part of their assets will go toward the common good. A testamentary gift can also significantly reduce the federal estate tax due at the donor's death.
Many individuals can make significant testamentary gifts at a relatively small cost to their heirs.
A testamentary gift to establish a named charitable fund can create a permanent legacy, in the donor's name or in the name of a loved one, that will serve its charitable purpose for generations to come. You can perpetuate your support for the role your favorite nonprofit plays in the lives of others. It also enables you to make a major gift that might not otherwise be possible. You may stipulate whether the bequest is for the general support of your selected nonprofit or for a specific purpose. A bequest may also be made in honor or memory of another individual.