Planned Giving

There are several options to make a gift as a bequest in your will.

• You may designate a percentage of your total estate.
• You can make a gift of a specific amount. With this type of gift, keeping your will up to date is vital.
• You can leave a percentage of your estate. After gifts to your loved ones are made, the remainder may go to one or several organizations.

To make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to EP!C in your estate plan. We have provided some basic bequest language to assist you and your attorney.

1. Specific Bequest

If you are considering making an outright bequest to EP!C, we recommend the following language:
 

Bequest of a Specific Dollar Amount

I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to EP!C, a nonprofit organization located at 1913 West Townline Road, Peoria, IL, 61615, Federal Tax ID #37-0794792, for EP!C’s general use and purpose.

Bequest of Specific Personal Property

I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to EP!C, a nonprofit organization located at 1913 West Townline Road, Peoria, IL, 61615, Federal Tax ID #37-0794792, for EP!C’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 EP!C, a nonprofit organization located at 1913 West Townline Road, Peoria, IL, 61615, Federal Tax ID #37-0794792, for EP!C’s general use and purpose.
 

2. Percentage Bequest

If you are considering making a bequest of a percentage of your estate to EP!C, 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 EP!C, a nonprofit organization located at 1913 West Townline Road, Peoria, IL, 61615, Federal Tax ID #37-0794792, for EP!C’s general use and purpose.

3. Residual Bequest

I hereby give, devise and bequeath to EP!C, a nonprofit organization located at 1913 West Townline Road, Peoria, IL, 61615, Federal Tax ID #37-0794792, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for EP!C’s general use and purpose.

4. Contingent Bequest

If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to EP!C, a nonprofit organization located at 1913 West Townline Road, Peoria, IL, 61615, Federal Tax ID #37-0794792, DESCRIPTION OF PROPERTY to be used for EP!C’s general use and purpose.

I give, advise, and bequeath to EP!C, a not-for-profit organization (Tax ID 37-0794792) located at 1913 W. Townline Rd, Peoria, IL 61615, (dollar amount, percentage, specific asset, or residue)

Assets in qualified retirement plans and IRA accounts are an excellent way to support EP!C.  When left to friends and family members other than a spouse, these funds can be subject to as much as 70% in taxes.   If a nonprofit organization is named as the beneficiary of all or a percentage of your retirement plan assets, the entire amount can be used to benefit EP!C and the people we support.

A gift of appreciated securities, including stocks or bonds, is an easy way to make a gift.  Potential benefits include avoidance of paying capital gains tax, receiving a charitable income tax deduction, and enjoying possible increased income.

                Electronic transfer:

The EP!C Foundation is comprised of strategically invested funds that are held in perpetuity and are not spent.  A prescribed distribution from these investments support EP!C and our operations.  As the Foundation grows, an expanded source of stable funding is available to help us weather the ups and downs of the economy and keep EP!C viable into the future.