Any client who wishes to establish a donor-directed fund at our Community Foundation (during their lifetime or at end of life) needs to name their fund and document their intentions in writing. Our staff is available to help your client understand all their options and complete paperwork; in fact, we would prefer to meet with a prospective donor before their gift planning is completed. We would like to have a copy of this paperwork in our files.

Please note that paperwork completed and delivered to WCCF is in no way binding. Clients retain the right to revisit their estate plans and change their charitable beneficiaries. The Fund Agreement provides our Community Foundation with something on file regarding your client’s intentions for when we receive a bequest or estate gift.

Bequest Language

Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, known as a bequest, can guarantee that your legacy endures. Your gift may be a specific dollar amount, a percentage of your estate or the remainder after all other provisions are specified.

Our federal tax ID number is: 84-1354894

Below is suggested language to use when drafting your bequest.

Sample Language

This or similar language can be provided to your attorney or financial advisor: “I, ___ (name of client)_________________, hereby bequest to the Western Colorado Community Foundation, a public charitable organization incorporated in the State of Colorado, tax id # **-********, the amount of ___(set dollar amount)_____________ OR __(% of estate)_______ OR the assets of _______(specific assets)_____________.
These assets are to be held in a named fund, the __________________Fund_, and managed by the Western Colorado Community Foundation in accordance with their policies and procedures for charitable legacy funds.
Please remember to use our complete legal name, mailing address and include our IRS tax identification number in all estate documents and charitable beneficiary forms.
Western Colorado Community Foundation
PO Box 4334
Grand Junction, CO 81502

Gift Acceptance Policy

The Western Colorado Community Foundation accepts a wide variety of assets, including non-liquid assets such as real estate, oil/gas/mineral interests and other valuable assets. Our gift acceptance policy requires the donor to be responsible for asset valuation calculations prior to donation.

We reserve the right to conduct a due diligence process before accepting a complex asset, and retain the right to not accept an asset at any time for any reason.