Sample bequest language
Sweet Relief Musicians Fund (Federal ID# 95-4443269) is a non-profit 501(c)(3).
Sample language for bequests
Unrestricted Gift– A gift that can be used where need or opportunity is greatest:
I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA the sum of $_______*, for its general purposes.
Gift for a Specific Purpose– A gift for a specific fund or group of people (for example, Covid-19 Fund, General Fund, Musicians in a Specific Area, etc.).
I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA the sum of $_______*, to be used for [state purpose]. In the event the purposes of the restriction, in the opinion of the Board of Advisors of Sweet Relief Musicians Fund, can no longer be served, the Board may devote any remaining assets exclusively for charitable purposes that: (a) are within the scope of the charitable purposes of the Sweet Relief Musicians Fund, and (b) most nearly approximate the original purpose of the gift.
In this example, a stated purpose could be: "to be used according to the Letter of Intent I have on file with the Sweet Relief Musicians Fund."
Perpetual Endowment Fund– A gift that benefits us in perpetuity:
I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA the sum of $_______*, to be used as a permanent endowment, the income only from which shall be used for its general purposes (or describe the specific purpose, if desired).
Residuary Bequest– Leaves any remainder after all other bequests have been paid:
All the rest, residue, and remainder of my estate, both real and personal, I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA for its general purposes.
Contingent Bequest– Takes effect only if a primary intention can't be met:
If (name of beneficiary) does not survive me, or shall die during the administration of my estate, then I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA all of the rest, residue, and remainder of my estate, to be used for its benefit.
* Rather than leaving a sum certain, you may include language that refers to a percentage of your estate or a description of the property you wish to give.
Sample language for bequests
Unrestricted Gift– A gift that can be used where need or opportunity is greatest:
I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA the sum of $_______*, for its general purposes.
Gift for a Specific Purpose– A gift for a specific fund or group of people (for example, Covid-19 Fund, General Fund, Musicians in a Specific Area, etc.).
I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA the sum of $_______*, to be used for [state purpose]. In the event the purposes of the restriction, in the opinion of the Board of Advisors of Sweet Relief Musicians Fund, can no longer be served, the Board may devote any remaining assets exclusively for charitable purposes that: (a) are within the scope of the charitable purposes of the Sweet Relief Musicians Fund, and (b) most nearly approximate the original purpose of the gift.
In this example, a stated purpose could be: "to be used according to the Letter of Intent I have on file with the Sweet Relief Musicians Fund."
Perpetual Endowment Fund– A gift that benefits us in perpetuity:
I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA the sum of $_______*, to be used as a permanent endowment, the income only from which shall be used for its general purposes (or describe the specific purpose, if desired).
Residuary Bequest– Leaves any remainder after all other bequests have been paid:
All the rest, residue, and remainder of my estate, both real and personal, I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA for its general purposes.
Contingent Bequest– Takes effect only if a primary intention can't be met:
If (name of beneficiary) does not survive me, or shall die during the administration of my estate, then I give to the Sweet Relief Musicians Fund (Federal ID# 95-4443269), a non-profit 501(c)(3) corporation, located in Fullerton, CA all of the rest, residue, and remainder of my estate, to be used for its benefit.
* Rather than leaving a sum certain, you may include language that refers to a percentage of your estate or a description of the property you wish to give.
