Gifts by Bequest
A bequest may be in the form of cash, securities, real estate or other property. You should specify that the International Crane Foundation is to receive a certain amount or percentage of your estate, particular assets or the remainder of the estate after providing for heirs.
Specific bequests are used to make a gift of a specific dollar amount or specific assets, such as securities, real estate, or personal property.
Residuary bequests are used to give all or a portion of the rest, residue and remainder of your estate after payment of expenses and any specific amounts designated to beneficiaries.
Example: Jim Smith has supported several charities during his lifetime and wants to ensure that they continue those missions after his death. In consultation with his attorney and the charities involved, Jim is designating 30% of his estate, after expenses, to be divided among 3 charities, including the International Crane Foundation. This gift will provide valuable future support to replace Jim’s current annual contributions.
Example: Mary Jones wants the International Crane Foundation to have a prized painting of cranes that is in her study. She has created a bequest in her will to transfer, at her death, her cherished painting to ICF. By informing ICF in advance, she will know that this is a gift the Foundation will be thankful to have.
Each individual situation is unique and should be handled accordingly. Please contact your legal counsel for help and notify us of the language in the will so we may ensure that your wishes are followed and recognized.
To discuss making a bequest please email supportICF@savingcranes.org or phone 1-608-356-9462 ext. 101.