Four Ways to Make a Difference

Living in one of the richest nations in the world, during one of its most abundant periods in history, we sometimes fall blind to those whose fortunes run less deep than our own.

There are ways you can help others today without ever jeopardizing your personal financial security. One easy way is by making a bequest in your will that specifies a dollar amount or a percentage of your estate to benefit your favorite charitable organizations such as ours. Following are four types of bequests:

1. Unrestricted bequest. This is a gift for our general purposes, to be used at the discretion of our governing board. A gift like this—without conditions attached—allows us to determine the wisest and most pressing need for the funds at the time of receipt.

2. Restricted bequest. This type of gift allows you to specify how the funds are to be used. Perhaps you have a special purpose or project in mind. If so, it’s best to consult us before you execute your will to be certain your intent can be fulfilled.

3. Honorary or memorial bequest. This is a gift given “in honor of” or “in memory of” someone. We are pleased to honor your request and have many ways to grant appropriate recognition.

4. Endowed bequest. This bequest allows you to restrict the principal of your gift, requiring us to hold the funds permanently and use only the income or a small percentage of the fund each year. Creating an endowment in this manner means that your gift can continue giving indefinitely.


The information on this site is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.

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