Naming AEF as a Beneficiary
You can ensure your charitable intent by naming American Endowment Foundation as a beneficiary through your will, trust, or life insurance policy.
Bequests are the most frequent type of planned gift made to charity. Your estate receives a charitable deduction for the full amount given, so your heirs pay no estate tax on the gift.
AEF offers flexible options for estate planning and continuing family involvement. See our application for more details:
AEF Program Description & Application – Download Here
You may direct your bequest to the American Endowment Foundation by funding a Donor Advised Fund in advance ($25,000 minimum contribution), and by completing an AEF Donor-Advised Fund application in advance and inserting appropriate language in your will.
Sample Language for a Will or Trust
The following three types of bequests direct your gift to the American Endowment Foundation. If you have already established a fund, please include the DAF name and ID.
1.) Percentage:
”I give, devise and bequeath to [DAF Name (DAF ID)] a donor-advised fund established and administered by American Endowment Foundation (EIN-34-1747398), a nonprofit corporation of the State of Ohio, located at 5700 Darrow Road, Ste.118, Hudson, OH 44236, ____% of my estate to create or add to a Donor Advised Fund.”
2.) Specific:
“I give, devise and bequeath to [DAF Name (DAF ID)] a donor-advised fund established and administered by American Endowment Foundation (EIN-34-1747398), a nonprofit corporation of the State of Ohio, located at 5700 Darrow Road, Ste.118, Hudson, OH 44236, to create or add to a Donor Advised Fund, (insert here)
(Choose one)
1) The sum of $___________.”
2) __________ shares of stock in ________________Company.”
3.) Residual:
“I give, devise and bequeath to [DAF Name (DAF ID)] a donor-advised fund established and administered by American Endowment Foundation (EIN-34-1747398), a nonprofit corporation of the State of Ohio, located at 5700 Darrow Road, Ste.118, Hudson, OH 44236, all the residue of my estate and any real personal property, upon liquidation by my executor, for the creation of or addition to a Donor Advised Fund.”
Sample Language for an IRA or 401(k)
To name AEF as the charitable beneficiary for your IRA or 401(k), please use the following naming convention:
American Endowment Foundation (EIN-34-1747398) FBO [DAF Name]
Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Specific bequests may be subject to additional review by AEF before acceptance. Donors should consult their legal and tax advisors regarding their specific situations.