Legacy Giving

Ways to Give

A legacy gift is a way to support Mount Madonna’s work now and into the future by including the organization in your long-term charitable giving or estate plans. These gifts help ensure the continuity of our mission for generations to come.

There are six primary ways to make a legacy gift to Mount Madonna:

1. Will or Trust
   Making a gift to Mount Madonna in your will or living trust is easy to arrange. Your gift is revocable and remains under your control during your lifetime. You may leave a specific amount, property, or percentage of your estate to Mount Madonna.

   Language for a Revocable Living Trust:

   “On settlor’s [Settlor’s] death, the trustee [Trustee] shall distribute ______________ ($______________ ) to Hanuman Fellowship (Taxpayer ID. No. 51-0174679) located in Watsonville, California, for unrestricted (general use) purposes. If this charity fails for any reason to accept this gift, or as of the date of settlor’s [Settlor’s] death the charity is not then organized and operatively exclusively for charitable and/or educational purposes within the meaning of Internal Revenue Code §2055(a)(2) and/or is no longer tax-exempt under Internal Revenue Code §501(c)(3), this gift shall lapse.”

   [NB: The language in italics is intended to reflect that the terms “settlor” and “trustee” should be capitalized if otherwise capitalized in the trust document.]

   Language for a Will:

   “I give, devise and bequeath ______________ dollars ($_______________ ) to Hanuman Fellowship (Taxpayer ID. No. 51-0174679) located in Watsonville, California, for unrestricted (general use) purposes. If this charity fails for any reason to accept this gift, or as of the date of my death this charity is not then organized and operatively exclusively for charitable and/or educational purposes within the meaning of Internal Revenue Code §2055(a)(2) and/or is no longer tax-exempt under Internal Revenue Code §501(c)(3), this gift shall lapse.”

2. Retirement Plan Beneficiary
   Name Mount Madonna as a beneficiary of retirement accounts such as an IRA, 401(k), or 403(b).
3. Life Insurance Beneficiary
   Designate Mount Madonna as a beneficiary of your life insurance policy. To deduct premium payments, you must name Mount Madonna as both owner and beneficiary of the policy.
4. Donor Advised Fund Beneficiary
   Name Mount Madonna as a full or partial beneficiary of your donor advised fund.
5. Charitable Gift Annuity or Charitable Remainder Trust
   Establish a charitable gift annuity (CGA) or charitable remainder trust (CRT) that provides income for you, often through fixed payments for life, while supporting Mount Madonna after your lifetime.
6. Property
   Donate appreciated real estate or other property.

Additional details about each legacy giving option are available on the Frequently Asked Questions page, or by contacting Andy Tompsett, Philanthropy Director.

We encourage you to seek professional advice when considering a legacy gift, and we are happy to collaborate with you and your advisor to explore options that align with your intentions.

If you include Mount Madonna in your plans, please use the following information:

If you intend to support Mount Madonna with a legacy gift, we invite you to let us know so we can honor your intentions and thoughtfully plan for the use of your future gift. Please consider submitting a Legacy Donor Circle Enrollment Form to help us acknowledge your gift.

To learn more, discuss legacy giving options, or notify us of an existing legacy gift, please contact:
Andy Tompsett, Philanthropy Director
(408) 837-8091
Andy@MountMadonna.org