A charitable bequest is a distribution from your estate to a charitable organization through your last will and testament or through your revocable trust. There are different kinds of bequests. For each, you must use very specific language to indicate the precise direction of assets from your estate, and to successfully carry out your final wishes.
In all cases, it is very important that you consult with your legal advisor as to the exact wording of your bequest to ensure that your wishes will be properly carried out. You may also wish to discuss your wishes with your financial representative.
The following is suggested wording for a testamentary gift to the IAJGS:
I give and bequeath the sum of ………………….. Dollars ($………) to the International Association of Jewish Genealogical Societies, Inc., a not-for-profit corporation whose mailing address is currently P.O. Box 3624, Cherry Hill, New Jersey 08034-0556, for its general use and purposes.
The amount of the testamentary gift should be denoted in words and numbers; the donor would insert whatever amount is felt proper. If desired, a percentage of the residue of the donor’s estate (if the gift is made through a will) or the residuary trust (if the gift is made through a revocable trust) may be specified instead of an exact dollar amount. You can also designate a specific purpose for your bequest rather than stating that it is for the IAJGS’s general use and purposes.
For US taxpayers: The International Association of Jewish Genealogical Societies is a non-profit tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. Our Federal Tax ID number is 22-2997643. Contributions are deductible to the extent permitted by law. Please consult with your legal or tax advisors as to the deductibility of your contributions.