The system allows you to easily record and track bequests made by contacts. Bequests are often part of legacy giving programs, where individuals include charitable contributions in their wills or estate plans.
Recording Bequests for Contacts
Record a bequest against any contact within the system to maintain a record of planned gifts expected as part of a contact's estate. Bequests are tracked separately from regular donations, helping you monitor long-term commitments efficiently.
Tracking Bequests
Bequests can include important details such as the anticipated value, the terms of the gift, and any relevant documentation. This ensures a clear and organized record of all future bequests and supports smooth processing when the bequest is realized.
Key Features
- Record bequests for individual contacts within the system.
- Track the anticipated value and details of each bequest.
- Organize relevant documentation and terms associated with the bequest.
- Monitor long-term commitments alongside regular donations.
Quick Q&A
What is a bequest?
A bequest is a planned charitable gift included in a donor's will or estate plan.
Can bequests be linked to specific contacts?
Yes, you can record a bequest against any contact in the system, tracking it separately from regular donations.
What details can be tracked for each bequest?
The system can track anticipated value, terms of the gift, and relevant documentation for each bequest.
Why track bequests separately from regular donations?
Tracking bequests separately ensures long-term commitments are monitored clearly without mixing them with routine donations.
