Planned Giving

Leave a Legacy for Kodiak

Do you want to leave a legacy for your community? By making a bequest to our permanent endowment for Kodiak, you can leave an enduring contribution to your home town, allowing your generous spirit to extend beyond your own lifetime. The Kodiak Community Foundation permanent endowment makes grants to support residents of Kodiak, our institutions, and the land and wildlife that we love, now and forever. Many friends make their largest contributions through planned gifts, which are invested professionally and conservatively by The Alaska Community Foundation to grow over time.

You don’t have to be wealthy or without heirs to leave a legacy for the place that you love. All that’s required is the thoughtful intention to make a difference for generations to come. When you join the Legacy Society for Alaska, you become a permanent member of the society of Alaskans who care for this amazing and special place on earth.

Options For Planned Giving Include:

Make a gift to the Kodiak Community Foundation in your will or trust: You can identify a specific amount to be donated or designate a percentage of your assets as a contribution after bequests are made to your heirs.

Designate Kodiak Community Foundation as a beneficiary of your retirement account(s) or life insurance policy: This option preserves the full value of your support, as your gift will not be subject to income or estate taxes.

Donate a paid-up life insurance policy

The Advantages Of A Planned Gift

Life is uncertain, and all of us want security in retirement. By leaving a planned gift, you can leave a legacy while ensuring that your assets are available until the end of your life. Then, your planned gift lives on to benefit the whole community.

Gifts may be a specific dollar amount, a percentage of your estate after taxes and expenses, or a gift of real property, stocks, artwork or other valuables.

If you have a large estate, planned gifts can help your heirs avoid estate taxes.

Plan Your Legacy

If you are ready to make a bequest, or if you plan to leave a gift to Kodiak Community Foundation in your will, we invite you to let us know so we can include you in our Legacy Society of Alaska. When you fill out the non-binding Legacy Society Declaration of Intent Affiliate form, you can let us know the exact intent of your gift. Let us acknowledge you now either by name or anonymously.

Bequests can be made to:
The Alaska Community Foundation/Kodiak Community Foundation
EIN #92‐0155067, a tax-exempt organization under IRS Section 501(c)(3)

Additional Resources for Planned Giving

Charitable Giving and Your IRA
Sample Bequest Language