How to Include Rotary in Your Estate Plan
One of the most popular ways to include Rotary in an estate plan is through a will or codicil. Whichever method works best for you, please remember to use the official legal name “The Rotary Foundation of Rotary International” unless one of the following names applies in the region where you live:
- The Rotary Foundation (Canada)
- Rotary Foundation (India)
- Public Interest Incorporated Foundation — Rotary Foundation Japan
- Rotary Foundation of the United Kingdom
Here are a few examples for your adviser to consider:
- For a general gift of a certain percentage or portion of your estate: “I give to The Rotary Foundation of Rotary International one-fourth of my estate.”
- For a gift of a specific asset: “I give 500 shares of [name] stock to The Rotary Foundation of Rotary International.”
- For a contingent bequest, which takes effect only when certain conditions are met: “In the event my spouse does not survive me, I give to The Rotary Foundation of Rotary International the remainder of my estate.”
- For a residual bequest, which directs the disposition of all or a portion of whatever remains after all other required amounts are paid: “I give the rest, residue, and remainder of my estate to The Rotary Foundation of Rotary International.”
Remember to consult independent tax and legal advisers before making any charitable gift.