Bequest

Home   Bequest

USE YOUR APPALACHIAN WILL POWER: LEAVE A LEGACY FOR CHANGE

Leave a Bequest to the Appalachian Community Fund in Your Will or Estate Plan

The people who have joined the Appalachian WILL Power Legacy Circle have made a lasting commitment to social change by including ACF in their wills and estate plans to ensure the long-term stability and strength of the Fund and to leave a legacy of their vision and values for democracy and justice for all.

Once you have provided for the people you love, we hope you will consider including a bequest to the Appalachian Community Fund in your Will. Bequests of any size can help ensure that ACF will be stronger than ever and serving social justice for generations to come. The estate tax savings in a bequest can also be dramatic for you and your loved ones, allowing you to give more money to both the people and causes you care about.

If you have included ACF in your Will or estate plan, please let us know so we may thank you for your thoughtful intentions. We value your commitment to social justice and your support both now and in the future!

Our Declaration of Intent form may be helpful to you in sharing with us your intent to make a legacy gift to ACF. Below are examples of the different types of bequests you can include in your Will and sample wording to assist your attorney.

We would be honored to be a part of your legacy for social change!

There are several different methods for including a bequest in your Will:

Specific bequest of cash or real property – designating a set dollar amount or specific piece of property to go to ACF.
Proportionate bequest – designating a set percentage of your estate to ACF.
Residual bequests – distributing the balance of your estate to ACF after you have designated specific dollar amounts (and/or property) to your heirs.
Contingent bequest – if one or more of your primary beneficiaries does not survive you then you designate ____________ to be bequeathed to ACF.
Sample Language for Making a Bequest to the Appalachian Community Fund

Below are examples of language frequently used in wills to designate various types of bequests to ACF.

To Leave An Outright Bequest. Unrestricted gifts provide ACF with maximum flexibility in responding to the most pressing social change needs.
I give and bequeath to the Appalachian Community Fund, Inc. (“ACF”), whose Federal Tax Identification Number is 62-1316019, the sum of $_______ (or percentage of my estate, property described herein, or the remainder of my estate). This is an unrestricted gift for charitable purposes administered by ACF to benefit social change and organizing work in the area served by the ACF.

To Gift the Residuary of Your Estate. I give and bequeath the residue of my estate to the Appalachian Community Fund, Inc. (“ACF”), whose Federal Tax Identification Number is 62-1316019.
To Leave a Contingent Gift of Residuary Estate.If [name of primary beneficiary] does not survive me, I give and bequeath the property, real or personal, which said beneficiary would have received, to the Appalachian Community Fund, Inc. (“ACF”), whose Federal Tax Identification Number is 62-1316019.
Sample Bequest Language for Establishing a Field of Interest or Donor-Advised Fund at the Appalachian Community Fund If you wish to make a bequest to a field of interest fund or donor-advised fund at ACF instead of an unrestricted bequeath, below is some language frequently used in wills that you can use to designate such a bequest.

To Create a Field of Interest Fund. I give and bequeath to the Appalachian Community Fund (“ACF”) the sum of $_________(or property described herein or the remainder of my estate) for the purpose of establishing a Field of Interest Fund. Such Fund shall be administered by the Appalachian Community Fund in perpetuity for the purpose of _______________ and shall be named the _____________ Fund. The criteria for grantmaking from this fund shall be _______________. This fund shall be administered for charitable, social change purposes in accordance with the policies governing such funds observed by the Appalachian Community Fund. [Federal Tax Identification Number, 62-1316019].
To Create a Donor Advised Fund. I give and bequeath to the Appalachian Community Fund (“ACF”) the sum of $_________(or property described herein or the remainder of my estate) for the purpose of establishing a Donor-Advised Fund. Such Fund shall be administered by the Appalachian Community Fund in perpetuity for charitable, social change purposes. The Advisor(s) to this fund shall be _____________ and the name of the Fund shall be _______________. The criteria for grantmaking from this fund shall be______________. This fund shall be administered for charitable, social change purposes in accordance with the policies governing Donor Advised Funds observed by the Appalachian Community Fund [Federal Tax Identification Number, 62-1316019].
If you are interested in establishing a Field of Interest Fund or Donor Advised Fund through a bequest, please contact us to discuss your grantmaking interests and needs. We are happy to provide assistance in developing grantmaking criteria.

We encourage you to contact your professional advisors for a more detailed explanation of the vehicles available to you for planning your gifts and an analysis of the tax advantages of certain gifts.

Please let us know if you would like a referral to an estate planning attorney, tax advisor, or estate planning advisor who would be a good match for you.

Contact:

If you are interested in leaving a bequest to ACF, please contact Margo Miller by phone at 865.523.5783 or via e-mail.