Bequests
Bequests through a will are the most common means of making a planned charitable gift.
Specific Bequest
Provides that Alpha Xi Delta receives a specific dollar amount, percentage of your estate or piece of property.
Residuary Bequest
Provides that Alpha Xi Delta receives all or a stated portion of your estate after all other bequests, debts, taxes and expenses have been distributed.
Contingent Bequest
Ensures that if circumstances make it impossible to carry out your primary provisions (as when your spouse or other heirs do not survive you), your assets will then pass to the Alpha Xi Delta Foundation rather than to unintended beneficiaries.
Sample bequest language:
"I give, devise, and bequeath the (sum of/percentage of/residue of my estate) to Alpha Xi Delta Foundation, a not-for-profit corporation with principal offices located at PO Box 6069 Dept. 80, Indianapolis, IN 46206-6069, to be used for the purposes designated by the trustees of the Foundation."