Lasting value
Helen Shuman partnered with her community foundation to turn 100 acres of property into Shuman Foundation for the Environment, a supporting organization that will benefit the environment for years to come.
Read the story>>Sample bequest language
The following is sample language only. Please contact our planned giving specialist to determine the exact language that will be appropriate in your situation.
Unrestricted fund
I give and bequeath to Placer Community Foundation 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 of Auburn, California, 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.
Field of interest fund
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 in accordance with the spending policy shall be used for the purpose of (explain purpose of fund).
Designated fund
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 in accordance with the spending policy shall be distributed to (name of recipient organization or organizations and percentage to each, if more than one).
Scholarship fund
Add: The net income and/or principal from this Fund shall be made available for scholarship awards at (name of educational institution) and shall be distributed to the (appropriate function at relevant institution) on behalf of the student recipient. Or the net income and/or principal from this fund 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 (scholarship award criteria).
Gift to an existing fund
I give and bequeath to the (Name) Fund of Placer Community Foundation 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. Placer Community Foundation shall make distributions there from in accordance with the provisions of the Amended Articles of Incorporation of Placer Community Foundation of Auburn, California, and any amendments or additions thereto at any time made. Disbursements shall also be in accordance with the stipulations of the originating document of the (name of existing fund) Fund.