There are many ways that your client’s legacy can be structured. The following Sample Will clauses provide a few options for charitable giving to the Sunshine Coast Foundation. These paragraphs are suggested language only and are not a substitute for professional legal or accounting advice.
Donors have many choices when leaving a gift to the Foundation, which can be tailored to their personal philanthropic vision. Gifts can be dedicated to:
“I give the sum of $ ____ or ____% of or the residue of my estate to the SUNSHINE COAST FOUNDATION, charitable registration #896086105RR0001, to be applied to its COMMUNITY LEGACY FUND. It is my wish that this gift be held in perpetuity and that the annual grant making therefrom, as determined by the Board of the SUNSHINE COAST FOUNDATION, be used for charitable grants in the community.”
“I give the sum of $ ____ or ____% of or the residue of my estate to the SUNSHINE COAST FOUNDATION, charitable registration #896086105RR0001, to be applied to the ____________________ Fund. It is my wish that this gift be held in perpetuity and that the annual grant making therefrom, as determined by the Board of the SUNSHINE COAST FOUNDATION, be devoted to the charitable interests as set out in the _________________ Fund.”
“I give the sum of $ ____ or ____% of or the residue of my estate to the SUNSHINE COAST FOUNDATION, charitable registration #896086105RR0001, to establish a fund in my name [or the name of _______________________]. It is my wish that this gift be held in perpetuity and that the annual grant making therefrom, as determined by the Board of the SUNSHINE COAST FOUNDATION, be devoted to [name a charitable interest or a charitable organization] on the Sunshine Coast.”
“I give the sum of $ ____ or ____% of or the residue of my estate to the SUNSHINE COAST FOUNDATION, charitable registration #896086105RR0001, to be used for general purposes at the discretion of the Foundation’s Directors.”
OR
“I give the sum of $ ____ or ____% of or the residue of my estate to the SUNSHINE COAST FOUNDATION, charitable registration #896086105RR0001, to be applied to the Foundation’s OPERATING ENDOWMENT. It is my wish that this gift be held in perpetuity and that the annual grant making therefrom, as determined by the Board of the SUNSHINE COAST FOUNDATION, be used for general purposes at the discretion of the Foundation’s Directors.”
There are many other options for both legacy gifts and gifts during your client’s lifetime, such as gifts of securities or a the proceeds of a life insurance policy. Please contact us to discuss how we can help you to achieve your clients’ wishes.