We all recognize the importance of donating to The Rotary Foundation on an ongoing basis and have set up some type of payment plan for those donations. But how many of us have set up our estate planning so that we continue to make the Foundation viable beyond our lifetimes? There are simple ways to do this. Your attorney can help you set up a provision for a donation to The Rotary Foundation, whether that is a fixed amount or a percentage of your estate.
Another simple way to give to the Foundation posthumously is to make The Rotary Foundation a beneficiary in a life insurance policy. You can either make the Foundation the sole beneficiary in that policy or you can split it between your heirs and the Foundation. Your insurance agent will be helpful in setting this up appropriately.
The staff at Rotary International are glad to help you with the logistics of setting this up as well. Whichever method you choose, either via your estate planning or life insurance, it is important to make The Rotary Foundation aware of your intentions.
Anyone who donates $1,000 in their estate planning is recognized by The Rotary Foundation as a Benefactor and receives a certificate and insignia to be worn with their Rotary pin. Those who donate $10,000 or more in their estate planning is recognized by the Foundation as a member of the Bequest Society and receives an engraved crystal and a pin commemorating the commitment. There are various recognition levels in the Bequest Society based on the amount designated to be given.
Please consider being a part of Rotary’s future and ongoing capacity for doing good throughout the world by making The Rotary Foundation part of your legacy.
If you would like further information about this, please contact Foundation Chair, Kathy Kwiat-Hess at kathykwiathess@gmail.com.