|
Legacy Society Printable Forms: 1. Enrollment
Key Points about the Legacy Society
• The Legacy Society is a list of those who have named the Greater Menomonie Area Community foundation as the beneficiary of any type of planned or deferred gift … and who choose to be listed. The purpose is to develop a large list that will encourage others to do the same.
• Legacy Society membership is self-reported. We know many others who have included the GMACF in their estate plans, but who choose to remain anonymous. Thus, they cannot be members of the Society.
• Joining the Legacy Society requires two steps. First, arrange for a planned gift in favor of the Foundation. Second, inform the GMACF by submitting the Legacy Society form. Legacy Society forms are available through many Dunn County attorneys and financial planners, or from the GMACF office. You may also print the form directly from the internet at the link provided below.
• There is no minimum gift amount necessary to qualify. Only that you have made the necessary arrangements and are willing to be listed. To date we have received bequests, or know of future bequests or other types of planned gifts having a wide range of value from Society Members.
• Legacy Society members may designate the use of distributions from their future gifts, or may leave the distributions to the discretion of the GMACF Grants Committee . A Legacy Society gift may be used to establish a new Named Fund (if the size requirements are met) or may be added to any of the Foundation’s existing funds.
• We do not ask how much is being left to the Foundation. We encourage donors to discuss their gifts with us to make sure we can comply with their wishes, but this is not mandatory.
• Bequests are the most common method used to leave a gift to the GMACF. However, we also know people who will the Foundation the beneficiary of 401K/IRA plans, insurance policies, established a charitable trust in favor of the Foundation, or used other methods. All can qualify a person or couple for membership in the Legacy Society.
• We list the Legacy Society members in all of our publications. With our Annual Report, our Newsletter, ads in newspapers and event programs. We will make 5 or 6 public listings of Legacy Society members each year. Each listing brings new inquiries and new members.
• We hold a special reception just for Legacy Society members each year, and members are invited to all other Foundation Events.
• Finally … There are many not-for-profit organizations and programs worthy of consideration and support, but the “ultimate philanthropy” is the Community Foundation itself. Gifts supporting the Greater Menomonie Area Community Foundation will ensure our ability to create a better future for all of us. If you a provision in your estate plan to make a gift through the GMACF, and are willing to partipate in the Legacy Society, please print an enrollment form and join the group. If you intend to make a provision in your estate plan, and would like to be included, we invite you to print and use a letter of Intent form. The letter of intent is provide for your convenience and simply states your intention to make a gift to the community through the foundation. You may use this as a reminder to have your specific intentions included at the next opportunity you have to make changes to your estate plans. It is recommended that you send a copy of this letter to both your estate planning advisor and the executor of your estate. Finally if you would like to make detailed arrangments with us for the handling of a future gift, please review the Future Gift Agreement form and contact the office to make complete arrangments.
|
||||
 |
|
|
||
