A bequest is the simplest way to leave a legacy of caring for the issues, organizations or community most important to you during your lifetime. Through your bequest, you can contribute to an existing fund or create a new endowed fund. 

What Is a Bequest?

A bequest is a gift designated in your will. Upon death, that gift is transferred from your estate to The Community Foundation.

What Are the Advantages?

  • You can make a bequest at any time and at any age by adding to your existing will or drafting a new one. 
  • You can contribute to an existing fund or create a new named fund of any type. 
  • Your gift is excluded from estate taxes. 
  • Your wishes for the purpose of your fund and grantmaking from it are honored by The Community Foundation board and staff forever. 
  • Our professional staff handles all the details of establishing and operating the fund created or endowed by your gift. 
  • Your gift continues to grow when you create an endowed fund. Endowment funds use only investment income for grantmaking, preserving and growing the principal as a permanent source of charitable capital for the community. 

What Can I Give? 

Your bequest can include cash, appreciated stocks, property or other assets. Retirement plan accounts are particularly attractive for bequests, since heirs would otherwise be taxed on the income.
Contact our Development Staff about making a Bequest

Other planned giving options may pay you or family members during your lifetime. Learn more about

Charitable Gift Annuities or Charitable Remainder Trusts
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4 Vanderbilt Park Drive
Suite 300
Asheville, NC 28803

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