Community Foundation for Greater Buffalo

Support Your Community Through Your Estate

Including a charitable bequest in your Will is one way to make a lasting gift to your community. When you make this gift through the Community Foundation, we establish a special fund that benefits the community forever and becomes your personal legacy of giving.

Another common way of doing this is adding a fund at the Community Foundation as a beneficiary of your retirement plan, insurance policy, or charitable trust.

How it works

  • You name a fund at the Community Foundation in your Will, or as the beneficiary designee of your retirement plan, insurance policy or charitable trust; Click here to review sample language.
  • You and the Community Foundation develop a Letter of Understanding that outlines your wishes for your fund after your lifetime. It is kept on file at the Community Foundation and can be changed at any time at no charge.
  • Upon your death, based on the Letter of Understanding, we set up a special fund in your name, in the name of your family, or in honor of any person or organization you choose.
  • Your charitable gift may be excluded from your assets for estate tax purposes.
  • Gifts are made according to your wishes in the name of your fund on an annual basis (if you prefer, grants can be made anonymously).
  • Your gift is placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs as you directed. Your gift—and all future earnings from your gift—is a permanent source of financial support for the community.
  • We handle all the administrative details.

Legacy Society

Individuals who notify us that they have made a gift through their estate to the Community Foundation will become a part of our Legacy Society.

Additional Resources

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