Fuse Legacy Giving Program
Our planned giving program provides an opportunity for those that wish to continue building progress in Washington into the future with legacy contributions made through estate plans, bequests, and beneficiary designations of retirement and other assets. You can make a legacy contribution to Fuse Innovation Fund – our tax-deductible 501(c)(3).
Fuse Innovation Fund EIN: 87-0800705
Mailing Address: PO Box 4897, Seattle WA, 98194
We hope you will join our Legacy Donors to be a part of the advocates who have the commitment and vision to ensure Fuse continues to make Washington a more equitable and just place for all.
Already included Fuse in your estate plan?
Bequests
Among the most popular of giving arrangements, a bequest is simply a provision in your will or living trust that provides for a gift to Fuse Innovation Fund upon your death. It can be arranged as part of your initial estate planning or with an amendment to an existing plan (a codicil in the case of a will). You can name Fuse as the beneficiary of a specific dollar amount or a share of your estate. A bequest gift can be either outright or contingent upon the death of the named benefactor.
You will find sample bequest language below. PLEASE NOTE: The sample language provided does not constitute legal, tax, or financial advice. You should speak with an estate planning attorney or financial advisor to determine how best to support Fuse based upon your personal circumstances.
Bequest as a cash donation: “I bequeath the sum of $X to Fuse Innovation Fund, or its successor organization, a nonprofit corporation as described in section 170(b) of the Internal Revenue Code, located at PO Box 4897, Seattle, WA 98194 to be used for its tax-exempt purposes.”
Bequest as a percent of an estate: “I devise and bequeath X% of the remainder and residue of my estate at my death to Fuse Innovation Fund, or its successor organization, a nonprofit corporation as described in section 170(b) of the Internal Revenue Code, located at PO Box 4897, Seattle, WA 98194 to be used for its tax-exempt purposes.”
As a contingent bequest: “If my brother John Doe survives me, I devise and bequeath X% of the remainder and residue of my estate at my death to John Doe. If John Doe does not survive me, I devise and bequeath X% of my residuary estate to Fuse Innovation Fund, or its successor organization, a nonprofit corporation as described in section 170(b) of the Internal Revenue Code, located at PO Box 4897, Seattle, WA 98194 to be used for its tax-exempt purposes.”
Beneficiary Designations of Retirement & Other Assets
You may also designate Fuse Innovation Fund as the primary beneficiary of a life insurance policy, savings bonds, bank or brokerage accounts, or qualified retirement plan or IRA. It can be arranged by completing or amending a beneficiary designation form, and can be easily amended if life circumstances change. You also avoid some income and estate taxes on these types of assets, and your estate receives a deduction for the interest passing to Fuse.
Fuse encourages donors to seek professional estate planning and financial advice before deciding on a course of action.
If you have any questions about Fuse’s Legacy Giving Program, please contact our Development Director, Serena Carmona-Hester at serena@fusewashington.org.
