A bequest is a gift you can make to support FVTC's mission in your will or living trust or with a codicil.
Benefits of a bequest:
- Receive an estate tax charitable deduction
- Reduce the burden of taxes on your family
- Leave a lasting legacy to Fox Valley Technical College
If you are considering making an outright bequest to FVTC Foundation, we recommend the following language:
I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Fox Valley Technical College Foundation, a nonprofit organization located at 1825 N. Bluemound Drive, Appleton, WI 54914, Federal Tax ID #39-1264389, to stablish a fund to be known as the [insert name of fund] Fund. I direct that the annual distribution, as determined by the FVTC Foundation investment policy as of the date of my death, from the Fund be used to support [insert purpose].
If, in the judgment of the Board of Directors of FVTC Foundation, it shall become impossible for the Foundation to use this bequest to accomplish the specific purposes of this bequest, FVTC Foundation may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.
More About Bequests