Bequest Language

- for professional advisor use
The following sample language can be used for estate gifts through:

• Wills
• Living Trusts
• Retirement Plans Designations
• Life Insurance Beneficiary Designations
• Contingent provisions in any of the above estate documents

Each individual situation is unique: therefore, these are basic sample provisions. To assist you with your client's plans, the Quad Cities Community Foundation can provide customized sample language for the causes your client may wish to support. To request customized language, please contact our Development Team at (563) 326-2840.

Suggested Bequest Language

Percentage of Estate or Residuary Bequest

"I give to the Quad Cities Community Foundation, a nonprofit corporation located in Bettendorf, IA, an amount equal to ______ percent of the total value of the assets in my estate (or the residue of my estate), whatever the amount shall be at the time of my death. This gift is for discretionary purposes to meet the highest priority needs of the community as those arise / is to be added to the (name the existing endowment of the Foundation here)."

Alternatively, your client may establish an endowment for a specific purpose through his or her estate by stating, "This gift is to be added to the ________________________________ Fund and used in accordance with the written agreement entered into by me and the Community Foundation during my lifetime." In this case, we work with you and your client to establish the fund particulars in a separate document that may be amended at any time before the bequest is received. This avoids the necessity of amending estate documents if a client changes his or her mind about the purpose of the fund.

Specific Bequest

"I give to the Quad Cities Community Foundation, a nonprofit corporation located in Bettendorf, IA, all my right title and interest in the following described property: (list property here). This gift is for discretionary purposes to meet the highest priority needs of the community as those arise / is to be added to the (name the existing endowment of the Foundation here)."

Alternatively, your client may establish an endowment for a specific purpose through his or her estate by stating, "This gift is to be added to the _____________________________ Fund and used in accordance with the written agreement entered into by me and the Community Foundation during my lifetime." In this case, we work with you and your client to establish the fund particulars in a separate document that may be amended at any time before the bequest is received. This avoids the necessity of amending estate documents if a client changes his or her mind about the purpose of the fund.

Bequest Provisions for Affiliate Foundations

All affiliate foundations of the Community Foundation are component funds of the Community Foundation and are thus under its sole legal control. The language above may be amended to state "....to the (name of affiliate community foundation here), an affiliate of the Quad Cities Community Foundation ..." Again, please call to speak with one of our gift planning specialists for customized language.

Tax ID Number of the Quad Cities Community Foundation
42-6122716.