The following is intended to help you and your attorney in drafting a bequest that satisfies your interests. As you consult your attorney on the selection of appropriate wording to reflect your own goals and intentions regarding Fargo-Moorhead Area Foundation, be sure our organization’s correct legal name appears in all final documents as:
“Fargo-Moorhead Area Foundation Corporation, 409 7th St. S, Fargo, ND 58103, a North Dakota nonprofit corporation, or its successor, Federal Tax Identification Number: 45-6010377.”
General Bequest of a stated sum of money may be worded:
“I give to Fargo-Moorhead Area Foundation Corporation, 409 7th St. S, Fargo, ND 58103, a North Dakota nonprofit corporation, or its successor, Federal Tax Identification Number 45-6010377 [insert here the exact dollar amount].”
Specific Bequest of a certain asset from your estate may be worded:
“I give to Fargo-Moorhead Area Foundation Corporation, 409 7th St. S, Fargo, ND 58103, a North Dakota nonprofit corporation, or its successor, Federal Tax Identification Number 45-6010377, [insert here a description of the particular property].”
Residuary Bequest, after other bequests and expenses have been paid, may be worded:
“I give to Fargo-Moorhead Area Foundation Corporation, 409 7th St. S, Fargo, ND 58103, a North Dakota nonprofit corporation, or its successor, Federal Tax Identification Number 45-6010377, all [or a portion] of the rest, residue and remainder of my estate.”
Contingent Bequest if the person making the will is not survived by certain individuals:
“If [name/s of primary beneficiary/ies] do/es not survive me, or shall die within ninety (90) days from the date of my death, or as a result of a common disaster, then I give to Fargo-Moorhead Area Foundation Corporation, 409 7th St. S, Fargo, ND 58103, a North Dakota nonprofit corporation, or its successor, Federal Tax Identification Number 45-6010377, [insert here the exact dollar amount, description of property, or percentage of residual estate].”