Plan Now, Give Later

A charitable bequest is one of the easiest ways you can leave a lasting impact on the causes and charities you love through Placer Community Foundation.

The Easiest Way to Make an Impact

A Gift in Your Will or Trust

Interested in giving through Placer Community Foundation but feel overwhelmed by the thought of writing another check or giving up your assets today? A simple, flexible and versatile way to ensure your charitable intentions continue for years to come is a gift in your will or trust, known as a charitable bequest.

A charitable bequest is language in your will or trust that leaves to Placer Community Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate. By including a bequest to PCF in your will or trust, your gift entitles your estate to maximum charitable tax deductions afforded by federal law.

Benefits of your bequest

  • Receive an estate tax charitable deduction
  • Lessen the burden of taxes on your family
  • Leave a lasting legacy

Download our Guide to Making Your Will brochure here.

Your bequest options

A bequest may be made in several ways:

  • Gift of a percentage of your estate
  • Gift of a specific dollar amount or asset
  • Gift from the balance or residue of your estate

Sample Bequest Language

The following is sample language only. Please contact us to determine the exact language that will be appropriate in your situation.

To Establish a Fund for Community Needs

I give and bequeath to Placer Community Foundation, a 501(c)(3) public charity, the sum of $(Amount), or (Percent)% of my estate, or all the residue of my estate, real or personal, which I own at the time of my death or over which I have the power of disposition. The Placer Community Foundation shall administer said assets for the sole benefit of, and in accordance with the provisions of, the Amended Articles of Incorporation of Placer Community Foundation, and any amendments or additions thereto at any time made. The fund so established shall be known as the (Name) Fund of Placer Community Foundation.

To Establish a Field of Interest Fund—targeting your gift to a specific cause or geography

I give and bequeath to Placer Community Foundation, a 501(c)(3) public charity, the sum of $(Amount), or (Percent)% of my estate, or all the residue of my estate, real or personal, which I own at the time of my death or over which I have the power of disposition. The Placer Community Foundation shall administer said assets for the sole benefit of, and in accordance with the provisions of, the Amended Articles of Incorporation of Placer Community Foundation, and any amendments or additions thereto at any time made. The fund so established shall be known as the (Name) Fund of Placer Community Foundation.

Add: Placer Community Foundation shall make distributions from this Fund in accordance with a spending policy adopted by the Board of Directors of Placer Community Foundation annually for component funds of Placer Community Foundation. The annual amount determined shall be used for the purpose of (explain purpose of the fund – i.e. to support animal welfare causes or to support causes in the greater Roseville area).

To Establish a Designated Fund—supporting the work of one or more nonprofit organizations

I give and bequeath to Placer Community Foundation, a 501(c)(3) public charity, the sum of $(Amount), or (Percent)% of my estate, or all the residue of my estate, real or personal, which I own at the time of my death or over which I have the power of disposition. The Placer Community Foundation shall administer said assets for the sole benefit of, and in accordance with the provisions of, the Amended Articles of Incorporation of Placer Community Foundation, and any amendments or additions thereto at any time made. The fund so established shall be known as the (Name) Fund of Placer Community Foundation.

Add: Placer Community Foundation shall make distributions from this Fund in accordance with a spending policy adopted by the board of directors of Placer Community Foundation annually for component funds of Placer Community Foundation. The annual amount determined shall be distributed to (name of recipient organization or organizations and percentage to each, if more than one).

To Establish a Scholarship Fund—investing in deserving students

I give and bequeath to Placer Community Foundation, a 501(c)(3) public charity, the sum of $(Amount), or (Percent)% of my estate, or all the residue of my estate, real or personal, which I own at the time of my death or over which I have the power of disposition. The Placer Community Foundation shall administer said assets for the sole benefit of, and in accordance with the provisions of, the Amended Articles of Incorporation of Placer Community Foundation, and any amendments or additions thereto at any time made. The fund so established shall be known as the (Name) Fund of Placer Community Foundation.

Add: Placer Community Foundation shall make distributions from this Fund in accordance with a spending policy adopted by the board of directors of Placer Community Foundation annually for component funds of Placer Community Foundation. The annual amount determined shall be made available for scholarship awards and shall be distributed to the institution of higher education selected by the scholarship recipient. Scholarship awards shall be made to (explain scholarship award criteria – i.e. to support students in Placer County pursuing a degree in the Liberal Arts and Sciences).

To Give to an Existing Fund at PCF

I give and bequeath to Placer Community Foundation, a 501(c)(3) public charity, the sum of $(Amount), or (Percent)% of my estate, or all the residue of my estate, real or personal, which I own at the time of my death or over which I have the power of disposition. The Placer Community Foundation shall administer said assets for the sole benefit of, and in accordance with the provisions of, the Amended Articles of Incorporation of Placer Community Foundation, and any amendments or additions thereto at any time made. The gift so established shall be disbursed in accordance with the stipulations of the originating document of the (name of existing fund at Placer Community Foundation) Fund.

Charitable Bequest

You can use the following assets to fund a bequest:

  • Cash
  • Appreciated Securities
  • Real Estate
  • Tangible Personal Property
  • Closely Held Stock

Let Us Assist You

Contact our Philanthropic Services Manager, Jessica Hubbard. Call 530.885.4920 to talk and/or schedule a personal consultation about bequests and beneficiary designations and how they can help support your vision for a vibrant, prosperous community. Also, talk to your financial and tax advisors to learn which assets will or will not trigger taxable income when paid to a beneficiary.

530.885.4920

Beneficiary Designations

You can name us beneficiary of the following assets:

  • Retirement Plan Assets
  • Life Insurance
  • Commercial Annuities
  • Bank Accounts, Certificates of Deposit or Brokerage Accounts

Beneficiary Designations

Continue Supporting Our Work After Your Lifetime

Passionate about supporting Placer Community Foundation with our mission even after your lifetime? It’s not only possible, it’s easy to do with a beneficiary designation. Just name PCF as a beneficiary to receive assets such as retirement plans and life insurance policies after you’re gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.

Not only is it an easy way to give, but it’s also flexible—you aren’t locked into the choices you make today. You can review and adjust beneficiary designations anytime you want. Download our brochure here.

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