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Legacy Donor

LEAVING A LEGACY IN THE CARMICHAEL COMMUNITY

Recreation and parks play a vital role in the health and happiness of a community. This is especially true in Carmichael.

The Foundation honors supporters who wish to be partners in the future of our mission through naming Carmichael Parks Foundation in their estate plans. This page details the variety of ways that you can support the Foundation through your long-range plans.

PLANNED GIFTS

Estate gifts to Carmichael Parks Foundation help build your personal legacy and ensure children, families and seniors can continue to enjoy and benefit from facilities, outdoor parks and recreational programs.

GIFTS BY WILL OR TRUST

Your will or living trust can provide for your loved ones and also help meet your charitable giving goals. Charitable gifts through your long-range plans, or bequests, can be for a specific dollar amount or a percentage of your estate.

If you want to add a gift to a will or trust that is already in place, speak to your legal counsel about adding an amendment.

GIFTS FROM RETIREMENT FUNDS AND INSURANCE PLANS

With a ‘designation of beneficiary’ form (obtained from a plan’s administrator) you can name Carmichael Parks Foundation as the recipient of all or a portion of any assets remaining in your retirement account. Likewise, you can make the Foundation the beneficiary of insurance policies that are no longer needed for their original purpose.

Sample Bequest Language

Here is some information you can share with your legal counsel or advisor if you are considering naming Carmichael Parks Foundation in your estate plan.

Our Federal Tax I.D. Number: 26-4274059

The Carmichael Parks Foundation is a 501 (c) (3) non-profit public charity. Donations are fully tax deductible to the extent provided by law.

To make a cash gift:

A cash bequest provides the Foundation with a specified sum of money from a donor’s estate.

“I give ____ dollars to Carmichael Parks Foundation for its general purposes.”

To make a residuary gift:

A residuary bequest is made from the residue, or what remains in your estate after specific and cash bequests, taxes, settlement costs, and debts are satisfied.

“I give the residue (or ____ percent of the residue) of my estate (or trust) to Carmichael Parks Foundation for its general purposes.”

The Carmichael Parks Foundation is a 501 (c) (3) non-profit public charity. Donations are fully tax deductible to the extent provided by law.

The legacy information contained on this website is not intended as legal, tax or other professional advice. Please consult with your legal or tax advisor or other professional advisor for your personal situation.

LEGACY GIFT ENROLLMENT

YES! I/we would like to become a Legacy Donor for the Carmichael Parks Foundation. There are two ways to enroll.

Click here to provide enrollment information electronically including donor name(s), contact information, and gift designation.

Click here to download a form that can be completed and returned via mail.

FOR MORE INFORMATION PLEASE CONTACT US:

Carmichael Parks Foundation

(916) 485 – 5322

5750 Grant Ave Carmichael, CA 95608

CarmichaelParksFoundation@gmail.com