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Bequest Language & Forms

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The suggested language below is provided to assist donors and their attorneys in making gifts to different types of funds at the Community Foundation.

Unrestricted Fund

“I give and bequeath the sum of $___________/the following described property ________________________ (description of assets given) to The Community Foundation of the Central Blue Ridge; with the request, as consistent with the Articles of Organization and By-Laws of The Community Foundation of the Central Blue Ridge, as amended from time to time, that the funds thus transferred be used to enhance the quality of life for all the citizens for the central Blue Ridge area as part of the Foundation’s Unrestricted Fund.”

Donor Advised Fund

“I give and bequeath the sum of $___________ /the following described property ________________________ (description of assets given) to The Community Foundation of the Central Blue Ridge; with the request, as consistent with the Articles of Organization and By-Laws of The Community Foundation of the Central Blue Ridge, as amended from time to time, that the funds thus transferred be used to establish a fund, to be known as the ________________________ (name of Donor Advised Fund), [SELECT ONE: the income OR the income and/or principal] to be used for grantmaking to qualified charitable organizations. While the The Community Foundation of the Central Blue Ridge is given complete discretion in making grants, suggestions may be made from time to time to the Foundation’s Governing Board by _____________________________ (individuals named by the donor).”

Designated Fund

“I give and bequeath the sum of $ ___________ /the following described property ________________________ (description of assets given) to The Community Foundation of the Central Blue Ridge; with the request, as consistent with the Articles of Organization and By-Laws of The Community Foundation of the Central Blue Ridge, as amended from time to time, that the funds thus transferred be used to establish an endowment fund, to be known as the ________________________ (name of fund), the income to be used to make grants to the following nonprofit charitable and educational organization(s) (indicate percentage to each organization if more than one): _____________________________.”

Field of Interest Fund

“I give and bequeath the sum of $ ___________ /the following described property ________________________ (description of assets given) to The Community Foundation of the Central Blue Ridge; with the request, as consistent with the Articles of Organization and By-Laws of The Community Foundation of the Central Blue Ridge, as amended from time to time, that the funds thus transferred be used to establish an endowment fund, to be known as the ________________________ (name of fund), the income to be used to make grants to nonprofit organizations engaged in the following charitable and education activities in the central Blue Ridge area (for example, sheltering the homeless, aiding the elderly, supporting the arts): _____________________________.”

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Information Sheets

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