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Bequests
(Sample language)
- Unrestricted Gift
A gift that can be used where need or opportunity is greatest:
I give to the Billy Graham Evangelistic Association, a non-profit 501(c)(3) corporation, located in Charlotte, North Carolina the sum of $_______* for its general purposes.
- Gift for a Specific Purpose:
I give to the Billy Graham Evangelistic Association, a non-profit 501(c)(3) corporation, located in Charlotte, North Carolina the sum of $_______* to be used for [state purpose].
- Perpetual Endowment Fund
A gift that benefits us in perpetuity:
I give to the Billy Graham Evangelistic Association, a non-profit 501(c)(3) corporation, located in Charlotte, North Carolina 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 Billy Graham Evangelistic Association, a non-profit 501(c)(3) corporation, located in Charlotte, North Carolina 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, or as a result of a common disaster, then I give to the Billy Graham Evangelistic Association, a non-profit 501(c)(3) corporation, located in Charlotte, North Carolina all of the rest, residue, and remainder of my estate, to be used for its benefit.
- Safety Language
Language added whenever a gift is restricted:
In the event the purposes of the restriction, in the opinion of the Board of Directors of the Billy Graham Evangelistic Association, 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 Billy Graham Evangelistic Association, and (b) most nearly approximate the original purpose of the gift.
* Rather than leaving a sum certain, you can include language that refers to a percentage of your estate or a description of the property you wish to give.
For More Information
E-mail us, complete the personal illustration form, or call us at (877) 247-2426 so that we can assist you through every step of the process.
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