Gift Planning
Bequest Language
General Bequest for a Specific Location:
"I give to The Salvation Army, an Illinois non-profit corporation, in (City), (State), the sum of ____dollars ($____), or ____% of my estate, to be used in such manner as its Board of Trustees determine advisable for the benefit of The Salvation Army".
Residuary Bequest:
"I give to The Salvation Army, an Illinois non-profit corporation, ____% of my residuary estate, after satisfaction of all other specific bequests, to be used for work in (City), (State) Corps, or in such manner as its Board of Trustees determines if the (City), (State) Corps no longer exists".
Contingent Bequest:
"If (insert name) is not living on the ninetieth day after the day of my death, I give all the rest of the property I own at my death to The Salvation Army, an Illinois non-profit corporation, in (City), (State), or in such manner as its Board of Trustees determines if the (City), (State) Corps no longer exists".
Restricted to Specific Program:
"I give to The Salvation Army, an Illinois non-profit corporation, in (City), (State), the sum of ____dollars ($_____), or _____% of my residuary estate, (and/or if property is given, describe same), for the specific purpose of _____ (Please contact our Planned Giving office for the wording to designate a specific program) or in such manner as its Board of Trustees determines if the program (City), (State) Corps no longer exists".
Restricted to Program & Location:
"I give to The Salvation Army, an Illinois non-profit corporation, in (City), (State), the sum of _____dollars ($_____), or ____% of my estate, (and/or if property is given, describe same), for the specific purpose of _____ ( Please contact our Planned Giving office for the wording to designate a specific program) and to be used by the said organization in (City), (State), or in such manner as its Board of Trustees determines if the program in (City), (State) Corps no longer exists".
Perpetual Fund (Endowment)
"I give to The Salvation Army, an Illinois non-profit corporation, the sum of ____dollars ($_____), or ____% of my estate, to be known as The ____ Fund (Endowment). The Fund may be invested by its Board of Trustees as it deems advisable, either separately or commingled for investment purposes with other funds administered by the Board, the net earned income to be used for work in (City), (State) Corps, or in such manner as its Board of Trustees determines if the (City), (State) Corps no longer exists".
If you already have a Will and wish to include a bequest to The Salvation Army without having your Will rewritten, you may use the following suggested form of Codicil.
Codicil:
"I ____, a resident of ____, do make, publish and declare this to be a Codicil to the Last Will and Testament executed by me on ____. I do hereby modify and amend my Last Will and Testament in the following manner:
IN WITNESS WHEREOF, I sign this instrument as a Codicil to my Last Will and Testament in the presence of the persons witnessing it this ____ day of ____ 20__, at (City), (State).
_________________ (Signature)
The foregoing instrument was signed by _____ the testator, as a Codicil to his/her Last Will and Testament, in our presence, and we, in his/her presence of each other, have hereunto subscribed our names as witnesses this ____ day of ____ 20__, at (City), (State).
__________________ (Witness) and _________________ (Witness)
"I give to The Salvation Army, an Illinois non-profit corporation, in (City), (State), the sum of ____dollars ($____), or ____% of my estate, to be used in such manner as its Board of Trustees determine advisable for the benefit of The Salvation Army".
Residuary Bequest:
"I give to The Salvation Army, an Illinois non-profit corporation, ____% of my residuary estate, after satisfaction of all other specific bequests, to be used for work in (City), (State) Corps, or in such manner as its Board of Trustees determines if the (City), (State) Corps no longer exists".
Contingent Bequest:
"If (insert name) is not living on the ninetieth day after the day of my death, I give all the rest of the property I own at my death to The Salvation Army, an Illinois non-profit corporation, in (City), (State), or in such manner as its Board of Trustees determines if the (City), (State) Corps no longer exists".
Restricted to Specific Program:
"I give to The Salvation Army, an Illinois non-profit corporation, in (City), (State), the sum of ____dollars ($_____), or _____% of my residuary estate, (and/or if property is given, describe same), for the specific purpose of _____ (Please contact our Planned Giving office for the wording to designate a specific program) or in such manner as its Board of Trustees determines if the program (City), (State) Corps no longer exists".
Restricted to Program & Location:
"I give to The Salvation Army, an Illinois non-profit corporation, in (City), (State), the sum of _____dollars ($_____), or ____% of my estate, (and/or if property is given, describe same), for the specific purpose of _____ ( Please contact our Planned Giving office for the wording to designate a specific program) and to be used by the said organization in (City), (State), or in such manner as its Board of Trustees determines if the program in (City), (State) Corps no longer exists".
Perpetual Fund (Endowment)
"I give to The Salvation Army, an Illinois non-profit corporation, the sum of ____dollars ($_____), or ____% of my estate, to be known as The ____ Fund (Endowment). The Fund may be invested by its Board of Trustees as it deems advisable, either separately or commingled for investment purposes with other funds administered by the Board, the net earned income to be used for work in (City), (State) Corps, or in such manner as its Board of Trustees determines if the (City), (State) Corps no longer exists".
If you already have a Will and wish to include a bequest to The Salvation Army without having your Will rewritten, you may use the following suggested form of Codicil.
Codicil:
"I ____, a resident of ____, do make, publish and declare this to be a Codicil to the Last Will and Testament executed by me on ____. I do hereby modify and amend my Last Will and Testament in the following manner:
(See sample Will language above and/or consult with your attorney)
Except insofar as said Last Will and Testament is expressly or by necessary implication changed by this Codicil, I do hereby ratify, republish, and reaffirm my said Last Will and Testament and each and every part thereof.IN WITNESS WHEREOF, I sign this instrument as a Codicil to my Last Will and Testament in the presence of the persons witnessing it this ____ day of ____ 20__, at (City), (State).
_________________ (Signature)
The foregoing instrument was signed by _____ the testator, as a Codicil to his/her Last Will and Testament, in our presence, and we, in his/her presence of each other, have hereunto subscribed our names as witnesses this ____ day of ____ 20__, at (City), (State).
__________________ (Witness) and _________________ (Witness)