Planned Giving / Unrestricted Endowment

An endowed gift means your contribution is invested with the general funds and an annual distribution is made for the use you designate. The principal stays intact, allowing your gift to support Amigos de Vamos Adelante in perpetuity.

An example of “Unrestricted Endowment” language:

“I give, devise, and bequeath to Amigos de Vamos Adelante (the rest, residue, and remainder of my estate). The property comprising this gift may, for investment purposes, be merged with the general investment assets of Amigos de Vamos Adelante. The gift shall be entered into the Amigos de Vamos Adelante’s books and records as “The Fund” and shall always be so designated. The spendable income therefrom, but not the principal, shall be used to further the purposes of Amigos de Vamos Adelante in such manner as the Directors of Amigos de Vamos Adelante may direct.”

When making or revising your will or revocable living trust you should consult with an attorney.

We will be pleased to work with you or your attorney.

 

For more information please contact us.