By including the National Lawyers Guild Foundation in your will, you can memorialize a lifetime of people’s lawyering and guarantee that your voice for human rights over property interests will carry on.
You may make the gift in honor of a Guild member if you choose. You may designate your gift for use by the Guild as a whole or for the use of a particular chapter. We encourage you to designate explicitly in the relevant documents how you wish your gift to be used.
A bequest to the National Lawyers Guild Foundation is easy to arrange and can be made by including the following words in your will:
I give to National Lawyers Guild Foundation, Inc. (Federal Tax ID #13-3336640), a 501(c)(3) nonprofit organization with its principal offices currently at 132 Nassau St., Ste 922, New York, NY 10038, ___% of my estate [or: the sum of $___ ] to be used in such a manner as the Board of Directors of National Lawyers Guild Foundation shall, in its sole discretion, determine. [or: to support the National Lawyers Guild ______________ Chapter.]
[ Language to be added for restricted gifts]:
In the event the purposes of the restriction, in the opinion of the Board of Directors of National Lawyers Guild Foundation, Inc., can no longer be served, then the Board of Directors may in their discretion use any remaining assets to benefit the Guild as a whole, keeping in mind the original wishes of the donor.
Any type of cash, securities, personal property or real estate can be given through a bequest. The Guild can also be named beneficiary of assets which often pass outside a will, such as IRAs, pension plans, life insurance, or assets held in a trust or annuity.
Please note: This information is not intended as tax or legal advice. We recommend that you consult with your legal and financial advisors.
Absent any explicit designation, your gift will be allocated in the following way:
- If you are not a member of the NLG or are a member at large (affiliated with no act ive chapter), 100% of the bequest or gift will be used to strengthen the Guild as a whole.
- If you are a member of an eligible chapter, your gift or bequest will be allocated 60% to the NLGF and 40% to your chapter. If your chapter does not meet the eligibility requirements (see #4 below), 100% of the bequest or gift will be used to strengthen the Guild as a whole.
- If you give a specific amount to a chapter and another to the NLGF, the NLGF’s designated amount is not subject to reduction per #2 above.
- To be eligible to receive the 40% portion of a particular bequest or gift, a chapter need not demonstrate any particular history of soliciting planned giving either in general or with reference to the particular donor. However, it must:
- Have at least eight active members (consistent with the official definition of an NLG chapter), and
- Be clearly associated with the donor. The expected evidence of such association will be documentation of dues paid to that chapter (or allocated to that chapter) at some time within five rolling calendar years of the date of the gift or bequest. When a chapter identifies a gift or bequest made by someone they consider their own, they will provide a record of the donor’s most recent dues payment.
For more information about the National Lawyers Guild Foundation, and to discuss your gift, please contact Daniel McGee at email@example.com, or call 212-679-5100 ext. 16.