Planned Giving

Types of Planned Gifts

Bequest or Will

A bequest in your will is often the most direct way for you to make a significant contribution to Freeport Community Services. If you are interested in updating your will to include FCS as a beneficiary you may want to consult with an attorney or financial advisor.

The following language can be added to a will or state plan to create a bequest gift:

“I bequest (a specific dollar amount____ percentage or the entire residue of my estate) to Freeport Community Services, inc ( EIN:01-0332769) located at 53 Depot Street in Freeport, Maine for use where its needed most( or designate a program of your choosing.

Charitable Remainder Trusts

This type of trust provides you or other named individuals with income each year for life or a period not exceeding 20 years. At the end of the trust term, the balance in the trust goes to Freeport Community Services.

The unitrust pays you each year a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is predetermined annually. Payments increase or decrease based on the change in value of the trust.