Advisors

Image Advantages of the Foundation

A Bequest as a Lasting Symbol

The Foundation works with advisors and donors to help them better our community. The advantage of a community foundation is that it can pool resources and provide even greater assistance. We can also provide tax advantages and secure accountability on all gifts.

Help your client create a lasting legacy of giving. Your client may choose any name for their fund. Grants awarded will always be recorded in that name, a lasting symbol of your client’s interest and concern. Should your client desire anonymity the Foundation will protect your client’s identity. Your client’s gift benefits the community in perpetuity.

Your client can leave a bequest in their will that becomes a lasting symbol of their interests and concerns. Making a bequest in a will or revocable living trust to the Arlington Community Foundation is a simple way for your clients to donate and it can also help to reduce inheritance taxes.

Some sample bequest language for your clients to include in their will or trust is:

I hereby give and bequeath to the Arlington Community Foundation, a qualified charitable organization, or its successor organization, also a qualified charitable organization, 818 N. Quincy Street, Suite 103, Arlington, VA 22203, Federal Tax ID# 54-1602838, a bequest of _____________________________________________________ (describe a percentage of your estate, a fixed amount of money or designated real or personal property, or the residue of your estate).

If you would like more information on how you can plan a legacy gift, please contact us at 703-243-4785.