Bequests and Future Giving
Adding a gift for the Foundation of Monroe County Community Schools to your will or retirement plan is a simple act with extraordinary results.
Once you are sure you have enough money to live comfortably (and arranged for any gifts for family and special people), you may find joy in planning a future charitable gift to forever inspire curiosity and the love of learning.
Charitable bequests are an amazing way to share your legacy with students and give them wings to soar.
Over the past five years the Foundation has received five bequest gifts? These loving gifts, from individuals who were passionate about education, have written their vision for future students and seeded the Foundation's Unrestricted Legacy Endowment. We are grateful to:
- James F. and Carolyn Wier Thompson
- Donald K. Neal
- Marian Armstrong
- Judith Torvi and
- Ida Medlyn
Their bequest gifts will forever spark ambition and help students reach their full potential.
Charitable bequests from people from all walks of life are fulfilling the promise of a high quality education for our local youth. With a bequest to FMCCS, after you pass away we will follow your instructions and turn your kindness into the action you requested. You will forever support learning and turn dreams into reality.
If you would like more information please contact Cyrilla Helm, Executive Director at 812-330-7700 X 50065 or email mhelm@mccsc.edu
How do I get started?
1. Making a future gift through your will or estate plan may be the largest charitable gift you will make in your lifetime. It is important to consider your passions and how you want your gift to impact the children we serve.
2. Are you willing to share with the Foundation your bequest and have conversations about your intent while you are living?
3. Do you prefer to remain anonymous and not share the bequest with the Foundation?
I would like to talk with a member of the Foundation about making a bequest.
1. Please call or email Cyrilla Helm with the Foundation of Monroe County Community Schools. I would love to talk with you about this important legacy choice.
2. Please talk with your attorney, accountant, or financial advisor about the type of asset you will bequest. There are tax advantages your should consider, guided by a trusted professional.
I would like to make a bequest but choose to remain anonymous.
1. Please talk with your attorney, accountant, or financial advisor about the type of asses you will bequest. There are tax advantages your should consider, guided by a trusted professional.
2. Below is sample bequest language you may want to consider to ensure your gift is made according to your wishes.
An Unrestricted Bequest
"I give the Foundation of Monroe County Community Schools, a not-for-profit corporation organized under the laws of the state of Indiana and located in Bloomington, Indiana, tax ID 31-0889739, (the sum of $ ) or (all my right, title, and interest in the following described property: ) or ( % of my residuary estate) to be used in such a manner as the board of directors of said foundation shall, in its sole discretion, determine."
A Restricted Bequest
"I give the Foundation of Monroe County Community Schools, a not-for-profit corporation organized under the laws of the state of Indiana and located in Bloomington, Indiana, tax ID 31-0889739 (the sum of $ ) or (all my right, title, and interest in the following described property: ) or ( % of my residuary estate) to (establish) or (to be added to) the __________________ Fund. Details for the management and administration of the fund are contained in a Letter of Agreement with the Foundation of Monroe County Community Schools."