A gift by bequest offers a practical way to provide substantial support to an institution that has meant so much to you. A bequest to the Project On Government Oversight is not subject to federal or state estate or inheritance taxes, and there is no limit on the allowable deduction.
If you have already provided for Project On Government Oversight through your estate plans, or are thinking about doing so, please contact Chris Pabon at (202) 347-1122 or via e-mail at email@example.com.
Ways to include Project On Government Oversight in your will:
An outright bequest is the simplest method of making a testamentary gift to Project On Government Oversight. An outright bequest is a gift by will of a specific sum of money or of a specific piece of property (such as securities or real estate). The following language can be used in a will to make an outright bequest:
"I hereby bequeath to Project On Government Oversight, Tax ID Number 52-1739443, located at 1100 G Street NW, Suite 500, Washington, DC 20005, the sum of $_____________ (and/or the following described property ______________)."
A residuary bequest provides Project On Government Oversight with a percentage or all of the remainder of a donor's estate after specific bequests, debts, taxes, and estate expenses have been paid. A residuary bequest to Project On Government Oversight is made in a will by incorporating the following language:
"I hereby bequeath all (or _____percent) of my residuary estate to Project On Government Oversight, Tax ID Number 52-1739443, located at 1100 G Street NW, Suite 500, Washington, DC 20005-3806 "
Many donors have family and friends for whom they feel responsible and choose to provide for them first in their wills. In this case, the donor can leave what is known as a contingent bequest to Project On Government Oversight. The contingent bequest provides first for the family and friends and benefits Project On Government Oversight only if the named beneficiaries predecease the person making the will.
"I bequeath to my sister, Jane Smith, the sum of $__________ and, in the event she shall predecease me, I direct this sum to be paid to Project On Government Oversight, Tax ID Number 52-1739443, located at 1100 G Street NW, Suite 500, Washington, DC 20005-3806."
Chris Pabon, Director of Development - firstname.lastname@example.org