Leave a lasting impact.

Consider a planned gift to FACT.

 

Making a bequest through your will

Bequests are simple and straightforward. As you plan your philanthropic legacy, consider including FACT in your will. If your needs or circumstances change, you can change your bequest beneficiaries at any time. Below are common types of bequests along with sample language to consider or share with a trusted advisor:

Fixed-Dollar Bequest

These bequests leave FACT a set donation dollar amount.

I bequeath to Food Animal Concerns Trust (FACT), a 501c3 nonprofit (Tax ID: 36-3172605) located at 3525 W. Peterson Ave, Chicago, IL 60659, the sum of $___________ and/or (specifically described property).

Percentage-based Bequest

These bequests are a percentage of your estate, which allows for them to grow as your assets do.

I bequeath to Food Animal Concerns Trust (FACT), a 501c3 nonprofit (Tax ID: 36-3172605) located at 3525 W. Peterson Ave, Chicago, IL 60659, an amount equal to ____% of the net value of my estate as finally determined by federal estate tax purposes.

Residual Bequest

These bequests first distribute your estate to loved ones, then provide the remaining funds to FACT.

I devise the residue of my estate, after the completion of all specified bequests and the payment of all taxes and other costs attending my death, to Food Animal Concerns Trust (FACT), a 501c3 nonprofit (Tax ID: 36-3172605) located at 3525 W. Peterson Ave, Chicago, IL 60659.

Contingent Bequest

This type of bequest anticipates that you wish to leave your entire estate to loved ones; in the event that you outlive any of your beneficiaries this bequest designates FACT to receive that portion of your estate.

Should (full legal name of the beneficiary) not survive me, I designate Food Animal Concerns Trust (FACT), a 501c3 nonprofit (Tax ID: 36-3172605) located at 3525 W. Peterson Ave, Chicago, IL 60659 as the recipient of their portion of my estate.

 

Designating FACT as a beneficiary In investment accounts or life insurance

In addition to bequests, another popular way to leave your legacy is by designating FACT as a beneficiary on specific accounts:

Banking and Investment Accounts

Most banking accounts, ranging from everyday savings to long-term investment accounts, have Payable On Death (POD) beneficiaries. These can be set up for either a fixed dollar or percentage amount.

Setting this up is likely as simple as contacting your bank or investment manager to share with them that you would like to list FACT as a “POD beneficiary.” They will most likely need the following information:

               Food Animal Concerns Trust (FACT)

               3525 W. Peterson Ave, Suite 213

               Chicago, IL 60659

               Phone: 773-525-4952

Life Insurance

You may list FACT as a beneficiary for either a fixed-dollar or percentage amount of your life insurance. Simply share the below information with your insurance broker:

               Food Animal Concerns Trust (FACT)

               3525 W. Peterson Ave, Suite 213

               Chicago, IL 60659

               Phone: 773-525-4952

 

If you have any questions regarding the impact a planned gift could make on Food Animal Concerns Trust (FACT), please contact Richard Wood at rwood@foodanimalconcerns.org or at 773-525-4952. Thank you again for kindly considering FACT and our humane farming and food safety programs in your long-term planning.

Disclaimer: The planned giving information on this page is intended to assist you in your long-term charitable planning. It is not legal advice and should not be relied upon as such. Please consult with your attorney, accountant, estate planner or other trusted advisor for professional advice and to discuss how this information can assist as you consider your long-term financial and philanthropic goals.

 

Still have questions about the legacy you could have on fact?

Name *
Name