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Planned Giving

A Legacy of Hope:
Making a Bequest to the Center

Making a legacy gift to the Center, or a “planned gift,” as it often is called, is a way you can help ensure our services will be available for children and families for years to come.

The simplest and most common type of legacy gift is a bequest, which you can arrange through a simple clause in your Will or living trust, allowing you to retain full ownership and use of your assets during your lifetime. In most cases, bequests are deductible against federal estate taxes and state inheritance taxes.

Below, you will find more information, including sample bequest language for wills and trusts. Please consult with your attorney, accountant, and/or other advisors for preparation of any addition or changes to your will or trust.

We appreciate the thought and planning required to make this kind of gift. Your “forever” gift of hope will help the Center dependably meet children’s and families’ need for grief support far into the future.

 

Information for Making Bequests to the Center

Legal name: The legal name to be used when making gifts to the Center for Grieving Children via wills, trusts, and other gift-transfer documents is: “The Center for Grieving Children, an incorporated nonprofit organization under the laws of the State of Maine, with its principal place of service in the Southern Maine area including Cumberland and York Counties.”

Confirmation of the Center’s Tax-Exempt Status: Confirmation of the Center for Grieving Children’s tax-exempt status is provided in the form of a letter from the district director, Internal Revenue Service, U.S. Department of the Treasury. The Center’s federal tax I.D. number is 01-0431501. If you would like a copy of this letter, please contact the Center’s development department at (207) 775-5216.

Designating Your Gift: Gifts made through wills and trusts will be directed where the need is greatest at the discretion of the Board of Directors and Executive Director.

Your bequest may be directed to meet the Center's current operating, program, or capital needs. You may memorialize a loved one through your bequest.

Recognition: We appreciate learning about bequests made to the Center, so that we may thank and honor the donors who make them. We also feel it is respectful of our donors to learn what aspects of the Center’s mission and work, or their own personal experiences, have inspired them to make a gift to the Center. 

When donors notify us that they have made a bequest to the Center, we honor them through:

  • Recognition in Center publications,
  • Invitations to special Center events, and
  • Regular updates on Center activities.

Sample Bequest Language

The following information is provided to assist you in developing your charitable gift and estate plans in consultation with your attorney, accountant, and/or other advisors.

There are four main types of bequests: general, specific, residuary, and contingency.

General: Made by designating a certain dollar amount, particular asset, or fixed percentage of an estate to the Center for its general purposes. Example general bequest language:  “I give, devise, and bequeath to the Center for Grieving Children the sum of $_____ (or a description of the specific asset), for the Center for Grieving Children and its general purposes.”

Specific: Made when a particular sum of money, item, or property is bequeathed and designated for a specific purpose, i.e. a specific site, program, service, or need of the Center.
Example specific bequest language:
  “I give, devise, and bequeath to the Center for Grieving Children, the sum of $___ (or a description of a specific item or asset) for the benefit of the Center to be used for the following purpose: (state the purpose). If at any time in the judgment of the Board of Directors of the Center for Grieving Children it is impossible or impracticable to carry out exactly the designated purpose, the Board and the Center’s Executive Director shall determine an alternative purpose closest to the designated purpose.”

Residuary: Made when donor(s) intend to leave a residual portion of their assets after other terms of the will have been satisfied. Example residuary bequest language: “All the rest, residue, and remainder of my estate, both real and personal, I give to the Center for Grieving Children, for its general purposes.”

Contingency: Made to allow the donor(s) to leave a portion of their estate to the Center for Grieving Children, if the named beneficiary does not survive them. Example contingency bequest language: “I devise and bequeath the residue of the property, real and personal and wherever situated, owned by me at my death, to (name of the beneficiary), if (he/she) survives me. If (name of beneficiary) does not survive me, I devise and bequeath my residuary estate to the Center for Grieving Children for its general purposes.”

 

Other helpful language for a will or trust: “I instruct that all charitable gifts, bequests, and devises should be made, to the extent possible, from assets that constitute income in respect of a decedent, as that term is defined in the Internal Revenue Code.”

 

If you or your advisers have any questions about this information, please call our development department at (207) 775-5216.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Photos by Jane Berger Photography