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Border Charitable Bequests & Beneficiary Designations
Leaving at Lasting Legacy Internationally ![]() During much of the past decade Mexico has become the top overseas retirement destination among American retirees. In 2000, an estimated 1 million Americans were living in Mexico on either a part time or year round basis and that number has grown in recent years.
One of the most significant ways to further the long-term mission of the non-US nonprofits that you are supporting through the International Community Foundation is by making a planned gift to leave a lasting legacy of your commitment to the causes that you care about most and cherish. One of the simplest ways that you can accomplish this is by establishing an endowment fund at the International Community Foundation and thereafter include a charitable bequest in your last will and testament or making beneficiary designations in your life insurance policy, checking account, or 401K/403b retirement plan. Charitable bequests: For instance, a general bequest to the “International Community Foundation” will go provide general operating support to the Foundation. Charitable bequests benefiting one of many non-U.S. charities that we support in Mexico, Central America or beyond may be done Specific Bequest.Specific Bequests are made when a particular item or property is bequeathed for a designated purpose including for direct benefit of a designated charity which you direct the International Community Foundation to re-grant to. To assist you in making a charitable bequest, sample language is provided here. To learn more about making a charitable bequest for the benefit of the International Community Foundation or one of the various non-U.S. charities that we support contact your attorney or accountant. If you have additional questions, please contact Richard Kiy at (619) 336-2256 or rkiy@icfdn.org Beneficiary Designations: To learn about how to make a beneficiary designation in your life insurance policy, contact the administrator of your policy. If you have additional questions, please contact Richard Kiy at (619) 336-2256 or rkiy@icfdn.org To assist you with your planned giving, sample bequest language is provided here. |