Including Chimps Inc. in your estate planning will provides a lasting legacy and a meaningful way to support our closest living relatives, as well as promoting education about the plight of chimpanzees to our youth.
No matter how small you believe your estate to be, there are definite advantages to donating part of it, such as reduced taxes on your estate. After providing for loved ones, your will can carry out your wishes by directing that a gift be made in one or a combination of the following ways:
- A specific dollar amount
- A percentage of an estate
- The remainder of an estate
You can also specify how you wish the money to be used (i.e. for expansion projects, food, veterinarian expenses, education programs, etc.) or make an unrestricted bequest so your gift can be used by Chimps Inc. where it is most needed.
Benefits of a Planned Gift
- Assets will remain in your control until transfer
- You can specify purpose or use of funds
- Gifts are not subject to estate tax
Your attorney or estate planning professional can provide you with details about the estate tax benefits specific to your bequest. To ensure Chimps Inc. is a part of your will or trust, just let them know what you’d like to donate and provide them with our Federal Tax ID#: 93-1202061.
Federal Tax Information
Your lawyer may ask you for some essential tax information about Chimps Inc.
- Our full legal name is “Chimps Incorporated.”
- Chimps Inc. is a nonprofit organization exempt from income, gift and estate taxes under section 501c3 of the Internal Revenue Code.
- Our federal tax identification number is 93-1202061.
Sample Language and Related Information
Below are examples of language that can be included in your will:
- Specific Cash Bequest
“I give and bequeath to Chimps Inc., P.O. Box 6973, Bend, Oregon, 97708, a qualified 501c3 charitable institution, the sum of _____ dollars (fill in amount) to be used to support the sanctuary’s general purposes (or specify the purpose or program for which the gift is to be used).”
- Residuary Bequest
“I give and bequeath to Chimps Inc., P.O. Box 6973, Bend, Oregon, 97708, a qualified 501c3 charitable institution, _____ percentage of the rest, residue and remainder of my estate to be used to support the Partnership’s general purposes (or specify the purpose or program for which the gift is to be used).”
Please note: sample Will clauses are guidelines for your attorney when including a bequest to Chimps Inc. in your Will or other estate planning documents. These phrasings are merely suggestions as to content and should be written or adapted by legal counsel to fit your individual situation. It is advisable that you or your attorney contact Chimps Inc. to be certain you have the correct, most up-to-date language.
If you have included Chimps Inc. in your estate plan, please let us know so that we can thank you for your generosity. Informing us will also help us plan for the future. Your gift will help ensure safe, secure lifetime care to all of the animals that make their home at the sanctuary.
Please consider making your planned gift today. Call Marla O’Donnell at 541-410-4122 or contact us via email with any questions you may have.