When making a charitable gift to a nonprofit organization, it is vital the legal name of the charity, city and other identifying details be used. To name University of Alabama Huntsville Foundation in your will or trust please use the following suggested language:
Residual Bequest LanguageA residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to University of Alabama Huntsville Foundation, Huntsville, AL, (EIN 63-6048099) all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
Specific Bequest Language You can also name University of Alabama Huntsville Foundation as a beneficiary of a specific amount from your estate:
I give and devise to University of Alabama Huntsville Foundation, Huntsville, AL, (EIN 63-6048099) the sum of $ ________________________ (or "____ shares of __________________ stock") to be used for its general support (or for the support of a specific fund or program).
Contingent Bequest LanguageUniversity of Alabama Huntsville Foundation can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert individual heir's name) is not living at the time of my demise, I give and devise University of Alabama Huntsville Foundation, Huntsville, AL, (EIN 63-6048099) the sum of $ (or "all" or " ___________ percentage of the residue of my estate") to be used for its general support (or for the support of a specific fund or program).
All information provided below will flow through the University of Alabama Huntsville Foundation brokerage account at Twickenham Wealth Advisors.
Bank: United Missouri Bank (UMB)
Account #: 39900001676178537
Bank: JP Morgan Chase NY
A/C Name: National Financial Services LLC
Account #: 066196221
For Credit: University of AL Huntsville Foundation 676178537
Account #: 676-178-537
Our office will need to provide donor name, stock name, # of shares, and name of where stock is coming from to Twickenham Wealth Advisors.
Tracy Sanders or Terri Taylor 256-213-1150
Thank you for helping your client with their charitable planning. As a professional advisor, you build your client relationships on trust and mutual respect. The same is true for our relationships with our friends and donors.
We understand that financial, philanthropic and estate goals are unique to the individual. For this reason we welcome the opportunity to assist as you incorporate your clients' philanthropic objectives into wellcrafted estate plans. Furthermore, we encourage prospective donors to consult with their professional advisors before making decisions based on information we provide.
If you have any questions or concerns, please call 256-824-6501 or email firstname.lastname@example.org.
Disclosure: This information is not intended as legal advice. For more specific advice, please consult your attorney or financial adviser.