How You Can Incorporate Charitable Giving into Your Will

During times of crisis such as the COVID-19 pandemic, people may start to consider the legacies they wish to leave in the future, prompting them to take action on establishing or updating their wills, including charitable giving options.

“At the Community Foundation, we have seen an increase in the number of people contacting us about the charitable giving aspects of their wills and their interest in establishing charitable funds through us,” says Linda Mack, Vice President for Philanthropy for the Community Foundation. 

The following are a few questions donors often ask when creating the charitable intent aspect of their wills: 

• Do I want to establish an endowed named fund or remain anonymous?

• If I leave a gift to my favorite nonprofit but they cease to exist in 20, 30, or more years, what will become of my gift?

• Instead of giving to a specific non profit, how can I support an overall interest area such as the environment, healthcare, education, social justice or arts and culture?

“When donors establish funds at the Community Foundation, we work with them to address all of these questions and more,” says Mack. “The Community Foundation is a partner in strategic philanthropy that helps donors choose giving options that work for them and navigate the nonprofit sector in our community.”

In addition, the Community Foundation ensures that donor intent is honored and preserved in perpetuity through safeguards including systems of accountability, policies of transparency and a Board of Directors charged with stewarding the funds. 

For more information, please contact: Linda Mack, V.P. for Philanthropy at lmack@cfncm.org; 978-660-2813 ext. 321.

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