Donor Advised Funds - Bequests

You can ensure your charitable intent with a bequest to the American Endowment Foundation through your will or trust.

Bequests are the most frequent type of planned gift made to charity. Your estate receives a charitable deduction for the full amount given, so your heirs pay no estate tax on the gift.

AEF offers flexible options for fund management and continuing family involvement. See our application for more details:

Brochure: AEF Program Description & Applicationlogosmall.png

You may direct your bequest to the American Endowment Foundation by funding a Donor Advised Fund in advance ($10,000 minimum contribution), or by completing an AEF Donor Advised Fund application in advance and inserting appropriate language in your will.

Sample Language for a Charitable Bequest in your Will

The following three types of bequests direct your gift to the American Endowment Foundation.

1.) Percentage bequest:

”I give, devise and bequeath to American Endowment Foundation (EIN-34-1747398), a nonprofit corporation of the State of Ohio, located at 1521 Georgetown Road, Hudson, OH 44236, ____% of my estate to create or add to a Donor Advised Fund.”

2.) Specific bequest: 

"I give, devise and bequeath to American Endowment Foundation (EIN-34-1747398), a nonprofit corporation of the State of Ohio, located at 1521 Georgetown Road, Hudson, OH 44236, to create or add to a Donor Advised Fund, (insert here)
(Choose one)
1) The sum of $___________." 
2) __________ shares of stock in ________________Company."
3) my real property commonly known as _________________."

3.) Residual bequest:

"I give, devise and bequeath to American Endowment Foundation (EIN-34-1747398), a nonprofit corporation of the State of Ohio, located at 1521 Georgetown Road, Hudson, OH 44236, all the residue of my estate, including real personal property to create or add to a Donor Advised Fund."

 

Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.

Co-Founder

Tom Tobin
President/CEO
tomtobin@aefonline.org

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