A bequest is a gift made in your will or trust (or a codicil to your will).
It’s one of the easiest and most cost-effective ways to support charitable causes important to you, without compromising the asset you want to give while you are alive.
Watch this short video to learn more.
You can designate Southwest Initiative Foundation to benefit from your bequest, or you can name a community foundation or any local fund under our umbrella. We can even work with you to create a new fund that accomplishes your specific goals.
This approach allows you to continue to use the asset during your lifetime, ensuring you can live comfortably. And, because most bequests are revocable, your gift is flexible and can be changed any time you wish. Your estate may even experience tax savings because Southwest Initiative Foundation is a 501(c)(3) public charity, which extends to our family of funds.
We’re here to help.
Download sample bequest language you can share with your estate planning attorney below.
Stories Worth Sharing
Endowment Funds as a Tool for Legacy
David C. “Pat” McFarland Jr. was a steadfast member of the Marshall community, whose thoughtful and generous estate planning will impact generations to come. In Pat’s estate plan, he included bequests that left three cash gifts to Southwest Initiative Foundation. Each bequest created an endowment fund that carries his name and supports organizations close to his heart: St. James Episcopal Church, Prairie Home Hospice, and Friends of the Orchestra, all in Marshall.Read More About Endowment Funds