What is a Bequest?
Bequests are the most popular form of planned giving, in which a donor names the Fibrous Dysplasia Foundation, Inc. to receive a percentage, dollar amount, or the remainder of a donor’s estate. Bequests enable donors to reduce estate taxes while supporting the community. A conversation with your financial advisor and Executive Director at the Foundation is the best way to achieve your giving goals.
How it’s Made:
A bequest can be made by naming the Fibrous Dysplasia Foundation, Inc. as a charitable beneficiary in a new will, or adding a codicil to an existing will. The bequest can be in the form of a stated dollar amount or specific property, a percentage of the estate, or a portion of or the entire residue.
The following language would be appropriate for a percentage bequest:
“I bequeath _______ percent of my adjusted gross estate (as that term is defined in the federal estate tax laws) to the Fibrous Dysplasia Foundation, Inc., federal EIN 02-0715210. This gift shall be devoted to the general charitable purposes of Foundation as set forth in its governing instruments, as amended from time to time.”