Make a Bequest
A gift to Brushwood Center through your will or living trust allows you to make a meaningful contribution that supports Brushwood Center’s conservation efforts far into the future, yet costs you nothing today.
A charitable bequest can be in the form of a precise dollar amount or a specific property, such as stock or real estate. You can also designate a residual charitable bequest, which is determined after payment of specific amounts to heirs. Bequests, like other gifts, can be restricted for a specific purpose or given without such constraints. If you already have a will, you can append a charitable bequest with the simple addition of a codicil.
Charitable bequests will not alter your lifestyle and they can be easily modified to address your changing needs. Perhaps these model provisions will be helpful to you and your attorney.
General Unrestricted Bequest Language
Since your charitable bequest may not come to Brushwood Center for many years, general bequests are the most valuable as they allow Brushwood Center to apply your funds wherever the need is greatest at the time. Sample Language: I give to Brushwood Center (Tax ID 36-3715155), a non-profit arts, nature and wellness organization located in Riverwoods, Illinois, the sum of $ ______(OR_____% of my estate OR the property described herein). The property comprising this gift may be used for its general support and charitable purposes without restriction, at the discretion of its trustees.
Restricted Bequest Language
As with any gift, donors can restrict bequests for specific purposes. If you create a restricted bequest, please give Brushwood Center flexibility to meet unforeseen circumstances. Sample language: I give to Brushwood Center (Tax ID 36-3715155), a non-profit arts, nature and wellness organization located in Riverwoods, Illinois, the sum of $ ______(OR_____% of my estate OR the property described herein) to be used for ___________________(specify purpose). If, in the opinion of the trustees or their successors, it becomes impossible or impractical for my gift to be used for the above charitable purpose, Brushwood Center shall use my gift for a purpose and in a manner that most closely meets the above charitable purpose.
Sometimes situations change after a will is drafted; the people and charities named in our will may not be there in the future. In such cases, naming Brushwood Center as a contingent beneficiary can be a great alternative. If your will does not name contingent beneficiaries, the government will decide how to disburse your assets or might even inherit your estate. Sample language: If ___(insert name)___ is not living at the time of my demise (or if ___Name of Charity___ is no longer in existence), I give ______(a percentage of the estate, specific dollar amount, remainder of estate after all other bequests & expenses, etc.)_________ to Brushwood Center (Tax ID 36-3715155), a non-profit arts, nature and wellness organization located in Riverwoods, Illinois, to be used for its general support and charitable purposes without restriction (or you may use the restricted bequest language above to define a specific purpose for your charitable bequest). Please let us know if you have included Brushwood Center as a beneficiary through your will or living trust.
For more information, please contact Julia Kemerer at 224.633.2426 or by e-mail at firstname.lastname@example.org.