You can leave a legacy to the Maine Masonic Charitable Foundation when creating your will, or have your attorney add a codicil to your existing will. There are several different approaches to giving, such as specifying a fixed dollar amount or a designation of residuary estate, which leaves that portion of assets after all gifts are bequeathed and debts paid.
If you would like to include a gift in your estate plans without changing your will, consider making the Foundation the beneficiary of one of these:
- A life insurance policy
- Your IRA or other retirement plan
- A savings account
- A stock brokerage account or mutual fund
Simply get in touch with your bank, insurance agent or IRA administrator and ask for a change of beneficiary form (which may be available online).
We are happy to provide you with some sample bequest language:
Sample bequest language for an unrestricted gift:
I give _______[the sum, percentage, or description of property] to the Maine Masonic Charitable Foundation, to be used for its general tax-exempt purposes, but without other restriction as to use.
Sample bequest language for a restricted gift (please contact the Foundation for giving options):
I give ______[the sum, percentage, or description of property] to the Maine Masonic Charitable Foundation, to be used to support ________.
The Maine Masonic Charitable Foundation is a nonprofit public charity designated as tax-exempt under Section 501(c)3 by the Internal Revenue Service. Donations are tax-deductible to the fullest extent permitted by law. Our tax ID is 22-3211042.