A gift to the Foundation in your will or revocable trust enables you to support our mission and make a difference in the lives of future generations. A bequest:
- is easy to arrange.
- will not alter your current lifestyle in any way.
- can be easily modified to address your changing needs.
When creating your will or trust, please refer to our organization as:
National Park Foundation, 1500 K Street, Suite 700, Washington, DC 20005
Tax ID: 52-1086761
There are several different ways to include the National Park Foundation as a beneficiary of your will or trust. Here are some examples of suggested language. Please feel free to adapt this language with your attorney to fit your individual situation.
Residual Gift Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to the National Park Foundation, located in Washington, D.C., all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or park).
Specific Gift Language
Naming the National Park Foundation as a beneficiary of a specific amount or percentage of your estate is easy:
I give and devise to the National Park Foundation, located in Washington, D.C., the sum of $___________ (%) to be used for its general support (or for the support of a specific fund or park).
Contingent Gift Language
the National Park Foundation can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert name) is not living at the time of my demise, I give and devise to the National Park Foundation, located in Washington, D.C., the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or park).
Retirement Plan Beneficiary Language
You may name the National Park Foundation as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.
Naming the Foundation as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming the Foundation as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support the Foundation free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change-of-beneficiary form from your plan administrator. Then, enter the National Park Foundation (Tax id # 52-1086761) on the form with the percent you would like us to receive. When you have finished, please return the form to your plan administrator and notify the National Park Foundation. We can also assist you with the proper language for your beneficiary designation to the Foundation.
If you or your attorney would like the Foundation to provide you with customized beneficiary language that is specific to your goal and interest, please contact us.
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