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DONOR ADVISED FUNDS
FIELD OF INTEREST FUNDS
DESIGNATED FUNDS
GRANTING FROM YOUR FUND
MANAGEMENT AND INVESTMENT OF YOUR FUND
SCHOLARSHIPS
AWARDING SCHOLARSHIPS
MANAGEMENT AND INVESTMENT OF YOUR FUND
LET US SUPPORT YOUR PHILANTHROPY
ADDING TO YOUR FUND
OPPORTUNITIES TO BUILD PHILANTHROPY IN SW WASHINGTON
ARE YOU INVOLVED WITH A NONPROFIT?
RESOURCES
Create A Legacy
Glossary
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Adding To Your Fund
Some donors refer to their fund as an “additional family member” in their estate plans.
The following language may be used to include a provision for your fund in your will or trust:
Suggested language:
“I give, devise, and bequeath to the (your fund name) at the Community Foundation for Southwest Washington, a nonprofit corporation organized under the laws of the State of Washington, currently located at 1053 Officers Row, Vancouver, WA 98661, and successors and assignees, (you may specify a particular sum of money; designate a certain asset such as a block of stock or a piece of real estate; name the Foundation to receive all or a percentage of your residual estate; or do any of the foregoing with the Foundation as a contingent beneficiary). |
You may also establish a new fund for a separate purpose through your estate plans. Examples include:
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A Donor Advised Fund for granting by your children, grandchildren or friends.
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A Designated Fund to support a specific organization(s) such as your alma mater, your place of worship, or an organization that has benefited from your volunteer commitment.
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A Field of Interest Fund that directs grants to an area of interest, such as conservation, the arts, or medical research.
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A Scholarship Fund to support students at a particular school, pursuing a special area of study, or in recognition of academic achievement or other qualities. |
| You may name the Community Foundation in your will or trust and specify your wishes through a Letter of Intent that can be revised as often as you like and, at no charge, if your charitable intentions change over the course of your lifetime. |
Additional opportunities include naming your Fund as beneficiary of a life insurance policy or retirement plan assets. In particular, using such assets to make end-of-life charitable gifts can be quite advantageous from a tax standpoint.
With your permission, estate gifts are recognized and honored during your lifetime and in perpetuity.
To learn more, contact Sarah Nevue, Vice President of Development 360.694.2550 or by using our Contact Us Online form.
Adding To Your Fund
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