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Statement of Future Gifts To be inducted into the Clemson Legacy Society, you must complete and return this statement of future gifts form. Name: Class: Birthdate: Name: Class: Birthdate: Address:
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How to fill out statement of future gifts

How to fill out a statement of future gifts:
01
Begin by gathering all necessary information, including your name, contact information, and the name of the organization or institution to whom you plan to make the future gifts.
02
Clearly state your intention to make a gift in the future. Specify the type of gift you plan to give, such as cash, stocks, property, or any other assets.
03
Provide specific details about the gift, such as the estimated value or quantity of the assets. If you are donating property or stocks, include their current market value or share price.
04
Specify any conditions or restrictions attached to the gift, if applicable. For example, you may want the funds to be used for a particular purpose or project within the organization.
05
Include the date or time frame when you expect to make the gift. It is essential to be realistic and specific about the future timeframe, as this will help the organization plan accordingly.
06
If there are any additional instructions or preferences regarding the handling or management of the gift, state them clearly.
07
Sign the statement, either physically or electronically, to validate your commitment.
08
Keep a copy of the completed statement for your records and provide a copy to the organization or institution as well.
Who needs a statement of future gifts?
01
Individuals or donors who wish to make a substantial gift to an organization or institution in the future often need to provide a statement of future gifts. This statement serves as a written commitment and documentation of their intended donation.
02
Non-profit organizations and educational institutions may request a statement of future gifts from potential donors. This document helps them plan their budgets, projects, and fundraising efforts effectively.
03
Estate planners and advisors may also utilize statement of future gifts to assist their clients in articulating their charitable intentions and incorporating them into their overall estate plans.
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What is statement of future gifts?
A statement of future gifts is a document that discloses planned gifts and donations that an individual intends to make in the future.
Who is required to file statement of future gifts?
Individuals who plan to make substantial gifts or donations in the future are required to file a statement of future gifts.
How to fill out statement of future gifts?
To fill out a statement of future gifts, individuals need to provide details about the planned gifts, such as the amount, purpose, and recipient of the gifts.
What is the purpose of statement of future gifts?
The purpose of a statement of future gifts is to provide transparency about planned donations and gifts, ensuring that all relevant information is disclosed.
What information must be reported on statement of future gifts?
Information such as the amount, purpose, and recipient of the planned gifts must be reported on a statement of future gifts.
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