If you wish to leave an unrestricted gift to the Outer Banks Community Foundation, we suggest the following language for your will:

“I hereby give and bequeath (____ dollars) or (the residue of my estate) or (XYZ asset) or (____ percent of the residue of my estate) to the Outer Banks Community Foundation, federal tax ID number 58-1516313. This gift is unrestricted, and the Foundation’s Board of Directors shall determine the use of the funds.”

 

If you wish to designate your gift to an existing fund, we recommend the following language:

“I hereby give and bequeath (____ dollars) or (the residue of my estate) or (XYZ asset) or (____ percent of the residue of my estate) to the Outer Banks Community Foundation, federal tax ID number 58-1516313. This gift shall be added to the _________________________ Fund.”

 

If you have specific restrictions or designations in mind, please contact us. We are happy to help you and your advisor(s) tailor the appropriate language for your will.

If you wish to create a specific, named fund with your gift, please also contact us. We often encourage donors to complete a fund agreement with us during their lifetime, even if they choose to activate that fund by bequest. This ensures that we have their wishes in writing whenever that time comes.

Once you finalize your plans, we encourage you to notify us of your intentions. You may also wish to join our David Stick Legacy Society, which honors those individuals who have named the Outer Banks Community Foundation as the beneficiary of any type of planned or deferred gift.

Finally, we always recommend that you discuss your options with your family and with your attorney, accountant, and/or financial planner, as appropriate.