The simplest and most popular type of planned gift is a gift by will, known as a bequest. In fact, more than 80% of planned gifts received by charities come from bequests.
In a bequest, the donor would state in his or her will that property be given to the Compost Education Centre.
The gift may be a cash donation or may be a gift of property such as:
- work of art
- publicly listed securities
- a specific amount or asset
- a percentage of the estate
- a residual bequest
A popular type of bequest is a residual bequest, where the funds that remain after all bills and inheritances have been settled would be left to the Compost Education Centre. This allows all obligations to be met before supporting the Centre’s work.
The Compost Education Centre encourages donors to consult with their financial planner and/or attorney for appropriate wording and to discuss decisions with their family.