Bequests

Bequests through a will are the most common means of making a planned charitable gift.

Specific Bequest

Provides that Alpha Xi Delta receives a specific dollar amount, percentage of your estate or piece of property.

Residuary Bequest

Provides that Alpha Xi Delta receives all or a stated portion of your estate after all other bequests, debts, taxes and expenses have been distributed.

Contingent Bequest

Ensures that if circumstances make it impossible to carry out your primary provisions (as when your spouse or other heirs do not survive you), your assets will then pass to the Alpha Xi Delta Foundation rather than to unintended beneficiaries.

Sample bequest language:

"I give, devise, and bequeath the (sum of/percentage of/residue of my estate) to Alpha Xi Delta Foundation, a not-for-profit corporation with principal offices located at 8702 Founders Road, Indianapolis, Indiana 46268, to be used for the purposes designated by the trustees of the Foundation."