Bequests by Will
A bequest (a gift by will) is one of the most popular types of planned gifts because wills are easily understood by most individuals.
A will is simply a means of establishing a legal record of a person’s wishes regarding the eventual use of assets accumulated during his or her lifetime. A charitable bequest in one’s will can make a significant charitable gift when the property is no longer needed. You may direct that The Greater Cincinnati Foundation receive a percentage of your estate, a set amount of money, or a specific asset (such as a stock, bond or mutual fund.), and your gift can be added to one of several fund types.
Sample language* to include a bequest to GCF in your will is:
“I give and bequeath to The Greater Cincinnati Foundation, an Ohio nonprofit corporation (a sum of money, percentage of my estate or description of the gift). I request that the gift be used to establish the (name of fund) Fund and that (name of investment manager) be named as the Investment Manager.
Note: This language should be adapted to provide for any special restriction or to define a field of charitable interest.
The Foundation Society recognizes people who have remembered GCF with a bequest in their will or other type of personal gift. For more information see: The Foundation Society: Recognizing Legacies.
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