A bequest can be made by naming CARE as a charitable beneficiary in a new will, or adding a codicil (amendment) to an existing will. The bequest can be in the form of a stated dollar amount or specific property, a percentage of the estate, or a portion of or the entire residue (meaning all or a percentage of your estate remaining after all debts, taxes and specific bequests have been paid).
If you wish to name CARE in your will or estate plan, our legal name is: Cooperative for Assistance and Relief Everywhere, Inc. (CARE), 151 Ellis Street, NE, Atlanta, GA 30303-2440
CARE is tax exempt under section 501(c)(3) of the Internal Revenue Code. Our tax identification number is: 13-1685039.
SAMPLE BEQUEST LANGUAGE
For a defined dollar amount, percentage of your estate, number of shares of stock or particular piece of property, the language should be:
"I give, devise and bequeath to Cooperative for Assistance and Relief Everywhere, Inc. (CARE), 151 Ellis Street, NE, Atlanta, GA 30303-2440 ___% of my estate, or the sum of $___, or ___shares of stock of XYZ Corporation, or specific property to whatever purpose it deems necessary or desirable in accord with my intent to benefit the poor."
For all or a percentage of your estate remaining after all debts, taxes and specific bequests have been paid:
"I give, devise and bequeath all (or ______%) of the rest, residue and remainder of my estate, both real and personal, tangible and intangible to Cooperative for Assistance and Relief Everywhere, Inc. (CARE), 151 Ellis Street, NE, Atlanta, GA 30303-2440."
Most assets can pass to your intended beneficiaries by the terms of your will. Other assets, such as retirement plans, life insurance and insurance annuities, however, are not controlled by the terms of your will. These assets instead require separate beneficiary forms. You can support CARE's work even after your lifetime by naming us as beneficiary of one of these plans. This can be easily done by simply contacting the administrator of the plan a change of beneficiary form.
All unrestricted charitable gifts are used strategically to support CARE's top priorities. However, you may restrict your gift by directing how you want it used, or by allowing us to expend only the income earned on the principal. If you wish to restrict your gift to a specific purpose or program, you may also stipulate that in your will. Please contact us toll-free at 1-800-752-6004 so we can discuss this with you to ensure that we meet your wishes exactly.