Legacy and Planned Gifts

Since 1991, The Community Foundation of Southern Indiana has been devoted to increasing the impact of charitable giving in our community. When your client establishes their personal charitable fund with the Community Foundation of Southern Indiana as their trusted partner in philanthropy, they can make a lasting impact on the people and causes that matter them. There are many ways to include the Community Foundation in their overall estate or financial plans, and we can work with you to find the gift that is a good fit for them.

We offer a number of options to maximize the benefit to your client while helping them realize their charitable goals. To help you create the gift for your client’s future fund, please click on the options below to see the suggested language for various options we can provide your clients. Each of these examples anticipates that your client has or will establish a fund agreement with the Foundation to receive the gift from their estate or beneficiary designation. Their fund agreement will help the Community Foundation staff know exactly what the charitable intent of their donation was years from now.

Without a fund agreement or other instructions, bequest and beneficiary designation gifts received by the Foundation will be added to the Community Endowment Fund. The Community Endowment Fund is used at the discretion of our Board of Directors to address the most pressing needs of the Clark and Floyd County communities.

Beneficiary: The Community Foundation of Southern Indiana, Inc. (Tax ID # 35-1827813) for the ________________________ Fund.
I give and bequeath _________________________________ [describe gift] to The Community Foundation of Southern Indiana, of New Albany, Indiana to be held as a component fund known as the “____________________ Fund.” This fund was separately created for the charitable purposes agreed to by me and The Community Foundation of Southern Indiana.
At the termination of the trust, Trustee will distribute the remaining trust assets to The Community Foundation of Southern Indiana, Inc. to be held as a component fund known as the “__________________ Fund.” This fund was separately created for the charitable purposes agreed to by me and The Community Foundation of Southern Indiana.
Distribution to Charity. Upon the death of the survivor Recipient, the Trustee shall distribute all of the then principal and income of the Trust (other than any amount due either of the Recipients or their estates, under the provisions above) to THE COMMUNITY FOUNDATION OF SOUTHERN INDIANA (hereinafter referred to as the “Charitable Organization”) to be held as a component fund in accordance with the terms of the agreement with the Foundation for the “_______________ Fund.” If the Charitable Organization is not an organization described in sections 170(b)(1)(A), 170(c), 2055(a), and 2522(a) of the Code at the time when any principal or income of the Trust is to be distributed to it, then the Trustee shall distribute such principal or income to such one or more organizations described in sections 170(b)(1)(A), 170(c), 2055(a), and 2522(a) as the Trustee shall select in its sole discretion.
For information about these or any other charitable contributions, please contact Linda Speed at (812) 948-4662 or lspeed@cfsouthernindiana.com.

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