Legacy Giving

Individuals who include Cordova Community Foundation in their estate plans become members of the Legacy Society for Alaska. It’s a simple, lasting gift to your community. You can:

  • Make a gift to Cordova Community Foundation in your will or trust. You can identify a specific amount to be donated or designate a percentage of your assets as a contribution after bequests are made to your heirs.
  • Designate Cordova Community Foundation as a beneficiary of your retirement accounts or a life insurance policy, which preserves the full value of your support, as your gift will not be subject to estate and income taxes.
  • Donate a paid-up life insurance policy.

The Advantages of a Planned Gift:

Life is uncertain, and all of us want security in retirement. By leaving a planned gift, you can leave a legacy while ensuring that your assets are available until the end of your life. Then, your planned gift lives on to benefit the whole community.

Gifts may be a specific dollar amount, a percentage of your estate after taxes and expenses, or a gift of real property, stocks, artwork, or other valuables.

If you have a large estate, planned gifts can help your heirs avoid estate taxes.

“I’ve made a small bequest in my will as a way of contributing to the long-term growth of this community endowment that will support nonprofits in perpetuity, because Investing in Cordova always seems like a good idea!” -Kristin Smith

“With gifts to the Cordova Community Foundation, the money stays in Cordova forever.  That’s a legacy I want to leave to the town I love.”- Liz Senear

Plan Your Legacy

If you are ready to make a bequest, or if you plan to leave a gift to Cordova Community Foundation in your will, we invite you to let us know so we can include you in our Legacy Society of Alaska. When you fill out a non-binding Legacy Society Declaration of Intent form, you can let us know the exact intent of your gift. Let us acknowledge you now, either by name or anonymously.

LEAVE A LEGACY

Contact us at cordova@alaskacf.org to discuss your options or for more information on how your planned gift will leave an enduring legacy for Cordova.

Bequests can be made to:
The Alaska Community Foundation/Cordova Community Foundation
EIN #92‐0155067, a tax-exempt organization under IRS Section 501(c)(3)

Additional Resources for Planned Giving

Sample Bequest Language

Legacy Society for Alaska members for the Cordova Community Foundation include:

  • Bill Lindow
  • Gabrielle Brown
  • Kristin Smith
  • Liz Senear
  • Michelle Hahn
  • The McMiller Fund
  • Thea Thomas