Manage a Bequest
Many donors choose to make a difference in the heartland region by including charities in their wills and trusts. For advisors whose clients are interested in doing the same, we offer a no-cost program to assure compliance with donor wishes when the time arrives to distribute the charitable component of the client’s estate. A fund is established at THCF as a complement to the estate plan. Assets can be transferred to a single recipient, i.e. THCF. A letter from the client is maintained with fund documents to guide future distributions to all charities of interest.
Managing a Bequest at THCF can be accomplished in a few easy steps:
- Determine the Type of Fund that your client wishes to create.
- Determine the Type of Asset that will be gifted (valued at $5,000 or more) to establish the fund. The Foundation is a trustee for a number of charitable trusts and provides a full complement of services for advisors and their clients. Create a no-obligation trust illustration for your client today on our Deduction Calculator or learn more about charitable trust management through THCF.
- Decide the name of the Fund (perhaps named after a family member or the name of your client’s business), and designate current and successor advisors.
- Create an Instrument of Transfer or Will & Trust Document to establish your client’s Fund. Include a letter listing charities to receive future distributions.
- Determine how your client would like their fund to be invested in our Fund Investment Program.
- Your clients may then utilize their fund and THCF staff to accomplish all their charitable goals by accessing a variety of Donor Resources and logging into Donor Central, our online giving portal.