Legacy Giving
Making a difference with a Planned Gift
Legacy Giving through your will or trust allows you to make a lasting impact in Mendocino County. We work with you to create a fund agreement outlining your charitable interests. Your fund agreement provides the details of your planned Legacy Gift. Your will or trust refers to the fund agreement, but does not include the specific details of the agreement. Your planned Legacy Gift:
can be endowed (paying out in perpetuity) or expendable (paying out over a limited time).
can target a geographic area, an area of interest (such as the arts, health care, or the environment), a specific organization, or a combination or variation of these.
can be named by you, and still be directed to one of our existing funds to achieve maximum collective impact.
is not payable until death, so it does not affect your assets or cash flow during your lifetime.
is revocable—you can change the provisions in your fund agreement at any time.
is private—your fund agreement is not filed or made public until your death.
In addition to bequests, gifting an insurance policy or retirement plan may help you make a difference while decreasing your estate’s tax burden. Naming the Community Foundation as beneficiary does not require an attorney or professional advisor, and you retain the ability to change the beneficiary designation at any time.
We’re ready to answer your questions
The decisions around Legacy Giving are important and can be detailed and complex. A one-on-one discussion is the fastest and most reliable way to get answers to your questions about Legacy Giving. Please do not hesitate to call or email us. We are happy to speak with you on the phone or in person at your convenience.
