MODEL FORMS OF BEQUESTS FROM WILLS
A. Outright bequest
I give (cash of $__________) or (specified property) to the Jewish Community Foundation of Los Angeles.
B. Gift to The Foundation's Unrestricted Endowment Fund
I give (cash of $__________) or (specified property) to the Jewish Community Foundation of Los Angeles (The Foundation) to be held and administered as part of The Foundation's Unrestricted Endowment Fund with distributions to be made as part of The Foundation's annual grants process. Distributions shall be made annually based on a spending rate in accordance with The Foundation's policy and guidelines.
C. Gift to a Field of Interest Fund*
I give (cash of $__________) or (specified property) to the Jewish Community Foundation of Los Angeles (The Foundation) to be held and administered by The Foundation as the __________________________ Endowment Fund. Distributions shall be made annually based on a spending rate in accordance with The Foundation's policy and guidelines. Distributions shall be for the following charitable purpose(s):
Example: Aid for Jewish Children
Example: Aid for Jewish Elderly
The Board of Trustees of The Foundation may alter the foregoing field of interest designations in the event that either or both of them shall, by reason of changed conditions, become impossible to fulfill, impracticable or undesirable as determined by The Foundation's Board of Trustees.
*This form is for illustration purposes. The Foundation would be pleased to discuss how Field of Interest Funds may be tailored to meet the unique needs of a particular donor.
D. Gift to The Foundation’s Restricted Endowment Fund
I give (cash of $__________) or (specified property) to the Jewish Community Foundation of Los Angeles (The Foundation) to be held and administered by The Foundation as a restricted fund for the benefit of _______________________( specified organization i.e. the United Jewish Fund of the Jewish Federation Council of Greater Los Angeles). The Board of Trustees of The Foundation may alter the foregoing field of interest designation in the event that it becomes impossible to fulfill, impracticable or undesirable as determined by The Foundation's Board of Trustees.
MODEL FORMS OF BEQUESTS FROM LIVING TRUSTS
A. Outright bequest
Upon the death of ______________________________ (the Trustor(s)) (cash the sum of $__________) or (describe gift:) (______________________________) shall be distributed to the Jewish Community Foundation of Los Angeles.
B. Gift to The Foundation's Unrestricted Endowment Fund
I give (cash of $__________) or (specified property) to the Jewish Community Foundation of Los Angeles (The Foundation) to be held and administered as part of The Foundation's Unrestricted Endowment Fund with distributions to be made as part of The Foundation's annual grants process. Distributions shall be made annually based on a spending rate in accordance with The Foundation's policy and guidelines.
Upon the death of ______________________________ (the Trustor(s)) (cash the sum of $__________) or (describe gift:) (______________________________) shall be distributed to the Jewish Community Foundation of Los Angeles (The Foundation) to be held and administered as part of The Foundation's Unrestricted Endowment Fund with distributions to be made as part of The Foundation's annual grants process. Distributions shall be made annually based on a spending rate in accordance with The Foundation's policy and guidelines.
C. Gift to a Field of Interest Fund*
Upon the death of ______________________________ (the Trustor(s)) (cash the sum of $__________) or (describe gift:) (______________________________) shall be distributed to the Jewish Community Foundation of Los Angeles (The Foundation) to be held and administered by The Foundation as the ______________________________ Endowment Fund. Distributions shall be made annually based on a spending rate in accordance with The Foundation's policy and guidelines. Distributions shall be for the following charitable purpose(s):
Example: Aid for Jewish Children
Example: Aid for Jewish Elderly
Subject to the right of the Board of Trustees of The Foundation to alter the foregoing designations in the event that either or both of them shall, by reason of changed conditions, become impossible of fulfillment, impracticable or undesirable as determined by The Foundation Board of Trustees.
*This form is for illustration purposes. The Foundation would be pleased to discuss how Field of Interest Funds may be tailored to meet the unique needs of your claim.
D. Gift to The Foundation’s Restricted Endowment Fund
Upon the death of ______________________________ (the Trustor(s)) (cash the sum of $__________) or (describe gift:) (______________________________) shall be distributed to the Jewish Community Foundation of Los Angeles (The Foundation) to be held and administered by The Foundation as a restricted fund for the benefit of ______________________________ (specified organization i.e. the United Jewish Fund of the Jewish Federation Council of Greater Los Angeles). The Board of Trustees of The Foundation may alter the foregoing field of interest designation in the event that it becomes impossible to fulfill, impracticable or undesirable as determined by The Foundation Board of Trustees.