A bequest is the easiest way to make charitable gifts in your estate plan. Through a will or a living trust you can easily include charitable bequests to the non-profit organizations that are important to you. Unlike your annual support, charitable bequests go beyond the current needs of WBFO, providing a lasting funding source to meet future needs, from new programming opportunities to expansion and improvements of the station's signals.
If you make a bequest to WBFO you may want to consider one of the following methods:
example - "$5000.00"
example - "100 shares of IBM stock"
•Percentage of Remainder of Estate after other gifts have been made:
example - "5% of the residue of my estate"
•Percentage of Entire Estate:
example - "5% of my estate"
If you have made a charitable bequest to WBFO in your will or living trust, we would like to thank you with a token gift of our appreciation. Please call or write us to tell us that you have made a contribution through your estate plan. We'd love the opportunity to thank you and welcome you to a growing group of dedicated listeners who have made such special gifts.
What is a bequest?
Bequests are the actual gift disbursals that result, upon one's passing, from a specifically worded commitment in a will or trust agreement. Bequests are unlike any other gifts the station receives because they represent individuals' final statements about what is most important to them. Every bequest is a powerful expression of loyalty, good will, and faith in the future of WBFO and public radio.
I'm not wealthy, will my gift still make a difference?
You do not have to be wealthy to create a legacy for WBFO. A bequest of any size can be directed to the station's general endowment, where the WBFO Future Fund will be pooled with gifts from others and invested permanently to generate income for the annual operating budget. Endowment income provides a stable and secure source of income that helps to underwrite national program costs, create local content, and helps community outreach efforts as well.
Should I direct that my bequest be spent for a specific purpose?
Although many bequest donors direct their legacies to the general endowment, the WBFO Future Fund makes no restrictions at all on the use of a bequest or specifies only that it be used to support the most pressing needs of a department or program. It is best not to be too specific when drafting a bequest designation, because overly rigid restrictions on the use of your bequest may limit its usefulness to the station. You may be confident that restrictions you impose on the use of your bequest will be honored by WBFO, if they are both practical and legal. In the event that some impediment does arise, however, a clause in your bequest provision as similar as pratical to your stated objective will insure that your legacy is fulfilled.
Are bequests for members only?
WBFO annual fund members, not surprisingly, are the largest group of donors who include the WBFO Future Fund in their estate plans, but anyone who loves WBFO, who have at one time or another been touched by the station or have embraced its mission, is encouraged to create a legacy through the WBFO Future Fund.
What is the WBFO Future Fund Society?
When individuals inform WBFO that it is included in their estate plans, they are automatically enrolled as members of the WBFO Future Fund Society. The rewards that come with membership are an estate-planning newsletter, and an invitation to the annual recognition luncheon and program at the start of each new year. The names of WBFO Future Fund Society members are listed in the station's annual Honor Roll of Donors on wbfo.org.
How can I learn more?
With no obligation whatsoever, you and/or your attorney are invited to contact Kelli Bocock-Natale, WBFO's Associate Director of Community Relations, at (716) 829-5782 or by email at email@example.com.