Your charitable bequest is the most important type of gift for building the Reno Phil’s future. When received, your bequest will be recorded as a gift to our endowment where it will strengthen the organization for future generations.
There are three types of bequests for you to consider: Specific, Residual or Contingent. Residual bequests are often made after making specific bequests to relatives, friends and charities. Whatever remains after specific bequests (the residuary) can be given in percentage to charity and others.
When you place a specific or residual / percentage bequest in your will or living trust and notify the Reno Phil, we will invite you to become a member of the Dr. Gilbert and Elizabeth Lenz Legacy Society. If you are considering a restriction we encourage dialogue now to ensure that your wishes are met.
Specific:
“I give, devise and bequeath to the Reno Philharmonic Association, a nonprofit corporation of the State of Nevada, tax ID #94-2762076, located at 925 Riverside Drive, Suite 3, Reno, NV 89503-5566,
Choose one:
1) The sum of $___________.”
2) __________ shares of stock in ________________Company.”, or
3) my real property commonly known as _________________.”
Residual:
“I give, devise and bequeath to the Reno Philharmonic Association, a nonprofit corporation of the State of Nevada, tax ID #94-2762076, located at 925 Riverside Drive, Suite 3, Reno, NV 89503-5566, all the residue of my estate, including real personal property.”
Contingent:
“In the event of the death of any of the beneficiaries, I give, devise and bequeath to the Reno Philharmonic Association, a nonprofit corporation of the State of Nevada, tax ID #94-2762076, located at 925 Riverside Drive, Suite 3, Reno, NV 89503-5566, (percentage, specific, or residual language as above).”
Questions? Call (775) 323-6393.
