Sample Bequest Language

Quatrefoil Library survives on donations, and one of the most helpful ways to give is through planned gifting, such as bequests and estate planning.  Giving in this manner allows Quatrefoil Library to spend less time chasing dollars and more time chasing valuable items to add to our collection or hosting new clubs to foster a safe place for our community.

Below is sample language you can review and have your attorney adapt for a bequest to Quatrefoil Library.

Note: always consult an attorney when conducting legal transactions, such as estate planning.  The sample language below is provided as a guideline, but it is not legal advice, nor should any other language on this site be construed as such.

Basic Bequest

Specified Dollar Amount:

I give, devise, and bequeath to Quatrefoil Library, Inc., a Minnesota non-profit corporation, the sum of xx dollars ($xx) from my estate (or from the remainder and residue of my estate), including from all property, both real and personal and wherever located, for ____ Fund (or its general purposes).

Specified Percentage

I give, devise, and bequeath to Quatrefoil Library, Inc., a Minnesota non-profit corporation, an amount equal to xx percent ( xx %) of my estate (or of the remainder and residue of my estate), including from all property both real and personal and wherever located, for ___ Fund (or its general purposes).

Specific Bequest

I give, devise, and bequeath the following described property to Quatrefoil Library, Inc., a Minnesota non-profit corporation: my name asset, e.g. collection of all LGBT books, (if applicable) for ___ Fund (or its general purposes).

Contingent Bequest

If my brother John Doe (specify relationship and name) does not survive me, I give, devise, and bequeath to Quatrefoil Library, Inc., a Minnesota non-profit corporation, xx dollars ($xx) (or xx% percent (xx%)) from my estate (or from the remainder and residue of my estate), including from all property, both real and personal and wherever located, for ____ Fund (or its general purposes).

New Named Endowment Fund Gifting

The minimum for a new named endowed fund is $25,000. Click on the link to obtain information about existing endowments. If you wish to create a new fund with a specific purpose or to support a certain program or type of program, please consult with the Library in advance; in addition to determining how your wishes can be met, it may be advisable to create an agreement.

Q Library is a Tax-Exempt Organization

Quatrefoil Library is a tax-exempt organization; donations are tax deductible to the extent permitted by law. Always consult a licensed attorney for legal advice regarding your individual circumstances.