Bequests are one of the easiest ways to give to the Community Foundation because donors retain complete control over the assets during their lifetime. Bequests can be a specific dollar amount, a percentage of the estate, or the residual that remains after all other bequests are made. Bequests may be made as an unrestricted gift to the Community Foundation to be used as directed by the Board. Bequests may also be made to an existing fund or to a new fund to be established by the gift in the donor's name. Bequests to the Community Foundation are excluded from assets for estate tax purposes. Sample language for a bequest by a codicil to your will can be found here.