Providing for Today and for Future Generations

 

The Legacy League

Individuals who remember The Catholic Foundation in their estate plans receive the honorary distinction of becoming members of our Legacy League.   There are also other members who have chosen to remain anonymous.

 

The following language may be useful to you and your attorney as you review ways in which you can best include The Catholic Foundation in your will or revocable trust.

 

You should always seek the advice of a professional when planning the disposition of your estate.

For a specific amount. "I bequeath to the  Archdiocese of Santa Fe Catholic Foundation, a New Mexico non-profit corporation, the sum of _______ dollars ($_____) for its general purposes."

For a specific piece of property. "I bequeath to the Archdiocese of Santa Fe Catholic Foundation, a New Mexico a New Mexico non-profit corporation, my _________ (art collection, etc.)." (Note: Bequests of real property require special handling.

For a percentage of your estate. "I bequeath to the Archdiocese of Santa Fe Catholic Foundation, a New Mexico a New Mexico non-profit corporation, ___% of my adjusted gross estate as finally determined for federal estate tax purposes."

For your residuary estate. "I devise and bequeath the residue of the property owned by me at my death, real and personal and wherever situate, to the Archdiocese of Santa Fe Catholic Foundation, a New Mexico non-profit corporation.”

For a specific purpose. "I bequeath to the Archdiocese of Santa Fe Catholic Foundation, a New Mexico non-profit corporation, the sum of _______ dollars ($________) to be used for (parish, school, Catholic organization)_________________." (Please contact the Catholic Foundation to discuss the program or other designation that best matches your area of interest. We will supply precise language to convey your intention.)

To establish an endowment. "I bequeath to the Archdiocese of Santa Fe Catholic Foundation, a New Mexico non-profit corporation, the sum of _______ dollars ($________) to be used to establish the (parish, school, Catholic organization) _____________ Endowment Fund, the earnings from which shall be used for _____________." (A minimum gift of $5,000 is required to establish a named endowment fund. Lesser amounts may be added to existing endowment funds.)