To help you and your attorney, samples of will or bequest language including the Blue River Community Foundation are included in the examples below. If you have questions about how the Community Foundation might help meet your estate planning needs, you can contact us at 317.392.7955, or email us.

 

unrestricted gift

“I give, devise, and bequeath to the Blue River Community Foundation, the sum of _________ Dollars ($____________).”


Specific Percentage
“I give, devise, and bequeath to the Blue River Community Foundation, an amount equal to _____________ percent (_______%) of the value of my estate at the time of my death.”

 

Residual bequest

“I give, devise, and bequeath all of the residue of my estate, both real and personal, to the Blue River Community Foundation.”

 

Contingent bequest

“If the above named beneficiaries should predecease me, then I hereby give and bequeath all of my property and estate to the Blue River Community Foundation."

 

Restricted gift

“I give and bequeath _______________ [describe bequest] to the Blue River Community Foundation. (the “Foundation”) for its charitable purposes as defined in and subject to the provisions of the Foundation’s Articles of Incorporation and By-Laws as they exist on this date or as they may hereafter be amended (the “Governing Instruments”).”

To indicate a name and purpose of the fund to be established by the bequest, choose (a), (b), (c), or (d):


(a) Unrestricted (general purpose)

“This bequest shall be used to create a component fund for community granting to be known as the ___________________ Fund. This Fund shall be used for such of the Foundation’s charitable purposes as the Foundation’s Board determines.”


(b) Field of Interest

“This bequest shall be used to create a component fund to be known as the __________________ Fund. It is my/our desire that distributions from this Fund be used for the support of _______________ [name particular charitable purpose].”


(c) Designated Agencies or Institutions

“This bequest shall be used to create a component fund to be known as the __________________ Fund. It is my/our desire that distributions from this Fund be used for the support of _______________ [insert name of particular charitable agency or agencies to be supported] for the purpose of _________________ [describe particular purpose, if any].”


(d) Advised

”This bequest shall be used to create a component fund to be known as the __________________ Fund. Distributions may be recommended and made from the Fund subject to the approval of the Blue River Community Foundation Board. (the “Board”) for charitable purposes consistent with those specified in the Governing Instruments as the Board may determine after taking into consideration any suggestions from time to time made to the Foundation by _______________. It is understood that no successor advisors shall be named by the designated advisors listed above.”

 
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Blue River Community Foundation
54 W Broadway Street
Shelbyville, IN 46176

 
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