ROLFE PANCREATIC CANCER FOUNDATION

A bequest is a statement in a will that stipulates a gift to an individual or organization; it is the simplest of planned gifts. 

Throughout our history, a number of these meaningful remembrances, both large and small, have enabled the Rolfe Foundation to continue to pursue its mission.  

To arrange a bequest benefitting Rolfe Foundation, please consult with your attorney, and also let our staff know about your intention by calling us at 773.989.1108 or by email.

Below you’ll find information about different types of bequests, and sample clauses to share with your attorney.

General Bequest

This is probably the most popular type of bequest and is usually stated as a designated dollar amount.

Example: I hereby give, devise and bequeath, to the Rolfe Pancreatic Cancer Foundation located in Chicago, Illinois, the sum of $50,000.

Specific Bequest

This bequest may designate a particular item to be donated.

Example 1: I hereby give, devise and bequeath to the Rolfe Pancreatic Cancer Foundation, located in Chicago, Illinois, 2000 shares of XYZ stock.)

Example 2: (I hereby give, devise and bequeath to the Rolfe Pancreatic Cancer Foundation, located in Chicago, Illinois, my savings account #123456 at XYZ Bank.)

Residual Bequest

These are used to give all — or a portion of — one’s estate after specific and general bequests are distributed.

Example: [after specifying any items or amounts to other beneficiaries] I hereby give, devise and bequeath the rest, residue and remainder of my estate to the Rolfe Pancreatic Cancer Foundation, located in Chicago, Illinois.

Percentage Bequest

This bequest allows the amount to be distributed to the Rolfe Foundation to grow over the years as the estate grows.

Example: [after specifying any items or amounts to other beneficiaries] I hereby give, devise and bequeath to the Rolfe Pancreatic Cancer Foundation, located in Chicago, Illinois, 50% of the rest, residue and remainder of my estate.

Contingent Bequest

This bequest takes effect only if the primary intention cannot be met or if a beneficiary predeceases the donor.

Example: In the event that ____ predeceases me, I hereby direct that the Rolfe Pancreatic Cancer Foundation, located in Chicago, Illinois, receive his/her designated bequest.

Language Relating to Ultimate Use of a Bequest