Please note that this is general information and is not presented as specific legal or tax advice. Please consult with your tax advisor or attorney on what options are right for you.
Bequest language – Percentage (unrestricted): “I [name], of [city, state, ZIP], give, devise and bequeath to California Native Plant Society, a nonprofit corporation, organized and existing under the laws of the State of California, and with the principal business address of 2707 K Street, Suite 1, Sacramento, CA 95816, (Federal Tax ID 94-6116403), ____% of my estate for its unrestricted use and purpose.”
Bequest language – Specific (unrestricted): “I [name], of [city, state, ZIP], give, devise and bequeath to California Native Plant Society, a nonprofit corporation, organized and existing under the laws of the State of California, and with the principal business address of 2707 K Street, Suite 1, Sacramento, CA 95816, (Federal Tax ID 94-6116403), [the sum of $_________], [_____ shares of stock in (Company)] for its unrestricted use and purpose.”
Bequest language – Residual (unrestricted): I [name], of [city, state, ZIP], give, devise and bequeath to California Native Plant Society, a nonprofit corporation, organized and existing under the laws of the State of California, and with the principal business address of 2707 K Street, Suite 1, Sacramento, CA 95816 (Federal Tax ID 94-6116403) _________% of the residue of my estate.
Bequest language – Contingent: “In the event of death of my beneficiary/ies, I give, devise, and bequeath to the California Native Plant Society, a nonprofit corporation, organized and existing under the laws of the State of California, and with principal business address of 2707 K Street, Suite 1, Sacramento, CA 95816, (Federal Tax ID 94-6116403), [percentage, specific, or residual language above] for its unrestricted use and purpose.”
Please contact CNPS staff if you are considering making a restricted gift. The more narrowly you restrict the use of your bequest, the greater the risk that the program you want to benefit today won’t be as relevant when we receive your gift in the future, and it may not be possible to accept the gift.
Need more information about planned giving? We’re here to help. Contact us today at legacy@cnps.org or by calling 916-447-2677 x204.