1. Capital Bequest – Unrestricted use
I direct my Estate Trustee to transfer as a gift to [Charity] the sum of $_____, (____% of my estate or residue of my estate), to be used for such purposes in connection with the work of [Charity] as the Board of Directors may from time to time determine.
2. Capital Bequest – Restricted use
I direct my Estate Trustee to transfer as a gift to [Charity] the sum of $_____, (____% of my estate or residue of my estate), to be used for ______.
3. Endowment Income – Unrestricted use
I direct my Estate Trustee to transfer as a gift to [Charity] the sum of $_____, (____% of my estate or residue of my estate), to be held in trust and kept invested and the income from which shall be used for such purposes in connection with the work of [Charity] as the Board of Directors may from time to time determine.
4. Endowment Income – Restricted use
I direct my Estate Trustee to transfer as a gift to [Charity] the sum of $_____, (____% of my estate or residue of my estate), to be held in trust and kept invested and the income from which shall be used for ______.
5. Reversionary Bequest – Unrestricted use
I direct my Estate Trustee to transfer as a gift to [Charity] any bequest or residuary gift contained in this will to any charitable organization or institution or to any person or persons in trust for such organization or institution that cannot take effect in whole or in part because of any legal prohibition or because of the inability of any such organization or institution to take for any reason whatsoever. Such gift is to be used for such purposes in connection with the work of [Charity] as the Board of Directors may from time to time determine.
6. Contingent Bequest – Unrestricted use
If any of the beneficiaries named in this will should die before becoming entitled to receive their distributive share of my estate, I direct my Estate Trustee to transfer the share to which such beneficiary would otherwise have been entitled to [Charity] to be used for such purposes in connection with the work of [Charity] as the Board of Directors may from time to time determine.
7. Specific Property Bequest
I direct my Estate Trustee to transfer to [Charity] my [specific property].
8. Registered Funds Bequest – Unrestricted use
I direct my Estate Trustee to transfer to [Charity] the sum of $_______, (_____% or all of any assets which I may own) which are registered either as a RRSP or RRIF, to be used for such purposes in connection with the work of [Charity] as the Board of Directors may from time to time determine.
9. Registered Funds Bequest – Restricted use
I direct my Estate Trustee to transfer to [Charity] the sum of $_______, (_____% or all of any assets which I may own) which are registered either as a RRSP or RRIF, to be used for _____________________.
10. Power to Vary Purposes Clause
(This clause empowers a charity to vary the purposes for which a gift is used if circumstances make it impossible or impracticable to carry out the original wishes or purposes of the donor. It is recommended that this clause be sued whenever a restricted or designated gift is made.)
If, in the opinion of [Charity’s] Board of Directors, it should become impossible, inadvisable or impracticable to apply the said bequest’s funds or income for the said purposes, the Board of Directors shall use the said bequest or such part thereof in such manner as in its discretion may seem to be to the best advantage of [Charity] for other purposes related as closely as possible to the spirit and intention of this gift. However, if in the opinion of the Board of Directors it is impossible, inadvisable or impracticable to utilize the said bequest or such part thereof for such related purposes, then the Board of Directors shall use the said bequest or such part thereof for such other purposes of [Charity] as the Board of Directors may determine.
Source: Canadian Association on Charitable Gifts. For more information on membership in the CACG, call Jim Lawson, United Church of Canada, 3250 Bloor St West, Etobicoke, Ontario M8X 2Y4; Tel (416) 231-5931 x3146; Fax (416) 232-6003; eMail jlawson@uccan.org.