The pleasure of leaving a legacy to the Community Foundation is that you can specify where and what you want to support locally – just one local need or geographical area or a whole range – and help our local community for generations to come. You can also put your name to the gift, if you wish.
You can choose one of these options
- You can name Leicestershire and Rutland Community Foundation as the beneficiary of your gift without any restrictions, giving us the maximum flexibility to continue our work building a strong foundation for local communities.
- You can leave a gift of any size to support a particular cause or community through our Making Local Life Better Fund: we will give grants to your chosen area either immediately or via investing for an annual charitable income.
- If you want to leave a gift of £20,000 or more in your Will, you can set up a named fund within our endowment which will give in perpetuity,
Making or updating your Will to include a legacy for us to manage doesn’t have to be expensive or complicated. It may include a Fund Agreement attached to the Will, or a clause along the lines of:
“I GIVE the sum of £________________________to Leicestershire & Rutland Community Foundation (LRCF) of 3 Wycliffe Street, Leicester LE1 5LR (Registered Charity No 1135322) to be distributed according to any written expression of wishes left by me relating to the distribution of such a legacy fund and I authorise LRCF to deduct its usual administrative contribution in connection with the distribution.”
However, we do advise you see a solicitor to update or draft your Will; just let them know that you would like to have legacy fund with the Community Foundation. We can help you – or them – through decisions and choices at no charge.