Unrestricted Bequest of Cash
If you are considering making an unrestricted bequest of cash to Malala Fund, we recommend the following language:
I hereby give, devise, and bequeath _________ and No/100 dollars ($DOLLARS) to The Malala Fund, a nonprofit organization located at P.O. Box 73767, Washington, DC 20056, Federal Tax ID #81-1397590, for The Malala Fund's general uses and purpose. Reasonable administrative costs may be charged to this gift.
Expendable Bequest of Cash for a Specific Purpose
If you are considering making a bequest of cash to Malala Fund to support a particular program or activity of Malala Fund, we recommend the following language: I hereby give, devise, and bequeath ________ and No/100 dollars ($DOLLARS) to The Malala Fund, a nonprofit organization located at P.O. Box 73767, Washington, DC 20056, Federal Tax ID #81-1397590, to support the following purposes: [insert specific purposes]. Reasonable administrative costs may be charged to this gift.
Unrestricted Endowed Bequest of Cash
If you are considering making an endowed bequest of cash to Malala Fund, we recommend the following language:
I hereby give, devise, and bequeath ________ and No/100 dollars ($DOLLARS) to The Malala Fund, a nonprofit organization located at P.O. Box 73767, Washington, DC 20056, Federal Tax ID #81-1397590. The property comprising this gift may, for investment purposes, be commingled with any of the investment assets of The Malala Fund, but the gift shall be entered in The Malala Fund’s books and records as an endowment fund within the meaning of applicable law, which is not wholly expendable on a current basis. The gift will be known as the ________ Fund (the “Fund”). Reasonable administrative costs may be charged to the Fund. The Malala Fund may appropriate for expenditure or accumulate so much of the Fund as The Malala Fund determines is prudent to support its objects and purposes, in accordance with applicable law and The Malala Fund’s spending policies in effect from time to time. It is my intent, in order to best fulfill the purposes of The Malala Fund, that The Malala Fund shall have flexibility in appropriating and spending from the Fund.]
Bequest of Non-Cash Property or Percentage of an Estate
If you are considering making a bequest of property other than cash, or if you are considering bequeathing a percentage of the total value of your estate, we recommend that you consult with your attorney to determine the applicable tax consequences and appropriate language for inclusion in your will or other estate planning documents.