Bequests and Endowments fall into the category of planned gifts. Planned gifts are a method of charitable giving that enable your donors to express their personal values by integrating charitable and financial goals. It is simply another opportunity for donors to support your organization, in addition to their annual contributions. Planned gifts are not just for the wealthy. They are the means by which ordinary people make extraordinary gifts that can help to provide for the solid financial foundation of your organization.

Bequests

You probably already encourage your donors to draft a Will, as a key component of an estate plan. Simple language can be included to set up a direct bequest when they prepare a new Will or add a codicil to an existing one.

How does your organization steward a bequest? Friends Fiduciary can assist you in the investment management and accounting for the gift, especially those with restrictions. Visit the Consolidated Fund section for information on investment management or contact the Friends Fiduciary office for details on our accounting procedures.

Endowments

There are times when donors do not want to make a cash gift or bequest to an organization for an endowment but would prefer to have a fiduciary organization steward the gift. Your donors may make gift or direct bequest to Friends Fiduciary, feeling confident that their gift will be stewarded wisely and invested according to our socially responsible investment guidelines. They can direct Friends Fiduciary to:

• Set up a new account or add it to an existing endowment to benefit your organization
• Pay out only income or allow for principal distributions under certain circumstances
• Include other Friends meetings or organizations in this one bequest

Please contact Friends Fiduciary for sample gift language and to discuss these options in more detail.