Leaving a Legacy to the Community

Charitable bequests are an important way Americans make lasting contributions to their communities. If your will includes a bequest to the Fergus Falls Area Dollars for Scholars, we thank you for your thoughtfulness. We invite you to inform us if you have named Dollars for Scholars so that we may acknowledge you along with the other special people who have made future commitments. The confidentiality of all bequest provisions is maintained. If your completed will does not include a charitable bequest, you might consider adding one through a codicil.

Because a charitable bequest is fully deductible from your estate, significant tax savings may result. These savings enable many people to make a charitable gift while preserving most of the legacy they intended for their heirs. You don't need a large estate to make a bequest. It can be of any size and can take many forms.

Some individuals have established living trusts instead of having a will. Such trusts can include charitable provisions similar to other types of bequests.

It is important to provide the exact name of any charity you name as beneficiary so that your gift can be transmitted correctly. For Dollars for Scholars, the proper designation is Fergus Falls Area Dollars for Scholars, Inc.