St. Francis Center’s Planned Giving Program
A charitable bequest can be a meaningful way to make a gift to St. Francis Center. When you choose to include St. Francis Center in your will or living trust, you can indicate your wishes in one of several ways:
- You can give St. Francis Center a specific amount of money, often referred to as a specific bequest.
- You can leave a percentage of all of the assets included in your estate at death, often referred to as a percentage bequest.
- You can leave a portion of the residual amount that is left in the estate after all specific bequests have been satisfied, which is often called a residuary bequest.
To inquire about making a charitable bequest, please contact St. Francis Center’s development team at 213.747.5347 or at firstname.lastname@example.org.
What are the benefits of making a bequest?
A bequest made to St. Francis Center through a will or living trust has many benefits:
Estate tax reduction: A charitable gift made through your will or trust may reduce estate taxes assessed at your death.
Revocability: A charitable bequest is revocable, so you may make changes to the beneficiaries of your estate throughout your lifetime.
Flexibility: This type of gift can be directed to any program, capital need, or where the need is greatest at St. Francis Center.
Control: When you include a charitable bequest in your estate plans, you have access to the assets during your lifetime, ensuring the funds are there if you need them to provide for unexpected occurrences.
Sample Bequest Language
Below are several examples of suggested bequest wording that you may share with your legal counsel if you would like to make a gift to St. Francis Center through your will or living trust.
St. Francis Center’s tax ID is 95-4479271.
To St. Francis Center unrestricted:
“I give St. Francis Center the sum of $________ (or percentage of my estate) to be used by St. Francis Center for its unrestricted purposes.”
To St. Francis Center for a specific program, capital need, etc.:
“I give St. Francis Center the sum of $________ (or percentage of my estate) to be used in support of _________ (specific program, capital need, etc.).
-Fr. Hugh Noonan, OFM,
St. Francis Center’s Founder
“Charity, and that includes hope, is the only thing that goes into people’s lives and takes root there and flowers on its own. How do we give it the moisture and the sunshine to grow? It comes finally to that saying: What you are speaks much louder than what you’re saying and the impact of your personal giving is the only thing that can revive the dying roots of another life.”