Planned Giving – Will or Trust
Thank you for considering naming Franciscan Charities, Inc. as a beneficiary of your will or trust. Including Franciscan Charities, Inc. in your estate plan will not only assist you in continuing your own philanthropic and charitable giving goals beyond your lifetime, but it will also allow Franciscan Charities Inc. to continue its mission to tend to the critical needs of the poor, provide tools to rise above poverty and support physical, emotional and spiritual healing for those in need.
The following language is an example of wording that may be used to name Franciscan Charities, Inc. as a beneficiary of your last will and testament or charitable trust. You may either make a general or restricted gift to Franciscan Charities, Inc. In addition, such gift may be of a specific dollar amount or it may also be of a percentage of your estate.
“I give, devise and bequeath to Franciscan Charities, a 501(c)(3) charitable organization located at 355 South 6th Street, Newark, New Jersey, 07103 , [state percentage of estate or residue, sum of money or otherwise describe property] to be used for its general [or the following specific] purposes.”
Franciscan Charities, Inc. prefers that bequests be made for its unrestricted general purposes in its work to feed the hungry and provide critical social service programs for the poor. To learn more, please call our office at (973) 732-4736.
Please note: some planned giving strategies may have a greater tax benefit to you than others, so please consult with your attorney or financial advisor on which strategy would work best for you. Franciscan Charities, Inc. was incorporated on August 13, 2004 and received its 501 (c) (3) determination as a Federal income tax exempt charitable organization in February 2005. It is registered as a charity with the New Jersey Office of the Attorney General (CH2685200).