What Will Your Legacy Be?

Let us help you be unforgettable. 1822 Society

When asked about his greatest fear, Darrell Bills admitted, “Being forgotten.

To honor her parents and allow their legacy to live on, Darilyn Bedel established an endowed fund at the Rush County Community Foundation in their memory. This gift will support Rush County’s community forever.

You don’t have to depend on someone else to keep your charitable dreams alive. There are many ways to make provisions now for a legacy (or planned) gift to benefit RCCF after your lifetime. You can create your own fund. But it’s not even necessary to leave a gift that large. You may contribute ANY amount to an already established fund, too. Or you can even give a percentage of your estate. Anyone can be a philanthropist, if they care about a cause and want to give.

Is there an area of local life that interests you? Arts and culture, health, education or something else? Do you have a favorite local organization? Or maybe you want your support to go where it’s needed most. We will make sure your wishes are fulfilled.

Once your legacy gift is received, which we hope will be a long time from now, it will be placed in an endowed fund. The funds generate earnings. The earnings create grants to fund nonprofits. The nonprofits support our community. Your original gift remains in the fund to generate more earnings and support nonprofits in our community FOREVER.

 

Don’t be forgotten. Let us help you make your legacy unforgettable.

 


Types of Legacy Gifts

 

BEQUESTS

A bequest is the simplest way to make a legacy gift. You can leave a percentage or remainder of your estate or a specified amount to RCCF in your will or trust. Gifts of $10,000 or more can be used to start a new fund. Gifts of less that $10,000 may support one or more existing funds.

Bequests allow you to care for your loved ones while still supporting your community forever. Bequests are revocable. Download a .pdf of sample bequest language.

Speak with your attorney to help you set up a bequest to RCCF in your estate plan. Here are some examples of basic language to use:

Percentage Bequest: If you are considering making a bequest of a percentage of your estate to Rush County Community 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 Rush County Community Foundation, a nonprofit organization located at 117 North Main Street, Rushville, IN, 46173, Federal Tax ID #35-1835950, for Rush County Community Foundation’s general use and purpose.

Residual Bequest
I hereby give, devise and bequeath to Rush County Community Foundation, a nonprofit organization located at 117 North Main Street, Rushville, IN, 46173, Federal Tax ID #35-1835950, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Rush County Community Foundation’s general use and purpose.

Specific Bequest: If you are considering making an outright bequest to Rush County Community Foundation, we recommend the following language:

Bequest of a Specific Dollar Amount
I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Rush County Community Foundation, a nonprofit organization located at 117 North Main Street, Rushville, IN, 46173, Federal Tax ID #35-1835950, for Rush County Community Foundation’s general use and purpose.

Bequest of Specific Personal Property
I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Rush County Community Foundation, a nonprofit organization located at 117 North Main Street, Rushville, IN, 46173, Federal Tax ID #35-1835950, for Rush County Community Foundation’s general use and purpose.

Bequest of Specific Real Estate
I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Rush County Community Foundation, a nonprofit organization located at 117 North Main Street, Rushville, IN, 46173, Federal Tax ID #35-1835950, for Rush County Community Foundation’s general use and purpose.

Contingent Bequest
If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Rush County Community Foundation, a nonprofit organization located at 117 North Main Street, Rushville, IN, 46173, Federal Tax ID #35-1835950, DESCRIPTION OF PROPERTY to be used for Rush County Community Foundation’s general use and purpose.

Restricted Bequests

If you are considering a bequest but would like to ensure that your bequest will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.

If you are making a restricted bequest, we recommend that your attorney include the following provision to give Rush County Community Foundation flexibility should it no longer be possible for our Rush County Community Foundation to use your gift as you originally intended:

If, in the judgment of the Board of Directors of Rush County Community Foundation, it shall become impossible for Rush County Community Foundation to use this bequest to accomplish the specific purposes of this bequest, Rush County Community 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.

 

RETIREMENT PLAN ASSETS: IRA, 401(k), 403(b), PENSION

As with bequests, you can leave a percentage or specified amount of your retirement plan. Please see your financial advisor for paperwork designating RCCF as a beneficiary.

 

LIFE INSURANCE

Designating RCCF as the beneficiary and/or owner of a life insurance policy that has outlasted its original purpose is an excellent way to support our mission. You may have purchased a policy to provide for minor children and they are now financially independent adults. This allows you to make a large gift with little cost. Revocable if RCCF is beneficiary only. Irrevocable if RCCF is both owner and beneficiary.

 

PAYMENT ON DEATH (POD) or TRANSFER ON DEATH (TOD)

Upon death, RCCF receives payment or transfer of your bank/stock accounts or property.

 

REMAINDER INTEREST IN HOME OR FARM WITH RETAINED LIFE ESTATE

 


Join the 1822 Society1822 Society

Once you’ve decided to include the Rush County Community Foundation in your will or trust, you become a member of the 1822 Society. You join a special group of donors whose impact and love will last forever. You will be recognized, unless you prefer to remain anonymous. The choice is completely up to you. You will also receive a special 1822 Society lapel pin to proudly display your support of RCCF. You will receive invitations to special members events.

 

What About the Name?

Rush County was established in 1822 and named for Dr. Benjamin Rush, a physician, politician and educator. He was a signer of the Declaration of Independence and a social reformer who believed in the abolition of slavery, free public schools and improved education opportunities for women. He was a philanthropist, just like you.

 

 

Supporter and Legacy Donor Barbara White’s Good Life

The Bob White Farm is tucked away in the far northwest corner of Rush County, closer to Greenfield than to Rushville. But our community has always played a central role in the life of its owner, Barbara White. Her home is filled with photos, accolades, and mementos, including a collection of artwork depicting the bobwhite quail. Every item has a story. At 92, Barbara’s recollection is razor sharp. Her memories are what she treasures most. With an endearing smile and a twinkle in her eyes, “It’s been a good life” she says multiple times during our visit. And she means it. READ MORE


Reading Into the Future: A Legacy Giving Conversation with Dave and Barb Malson

Reading is not just a diversion, but a true passion for Dave and Barb Malson. A favorite book of Dave’s is The Firm by John Grisham. In it the protagonist, Mitch McDeere, joins a large law firm in order to provide a financially stable life for his family. When he discovers that his employer is not honorable, he forces himself to make a choice – the money or his morals. He leaves behind the big paycheck and perks to take a position in a small firm – one that doesn’t conflict with his values. READ MORE


Have you included RCCF in your estate planning, or would you like more information? Please complete this form.

Your confidential email will be sent to Chris May, Executive Director. 

 

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