A Lasting Investment in Clallam County
It is the Board’s fundamental goal to safeguard and grow the endowment fund so that it can continue to support Albert and Julia’s legacy for generations to come.
The Foundation’s outstanding track record spanning the past 25 years of continuous giving speaks well for its excellent management. Donors who wish to see the greatest good come from their gift can be assured that the funds will be well managed and judiciously distributed.
Since its inception 25 year ago, the Foundation has received $9.2 million from Albert’s estate, donated $8 million in grants and scholarships, and is currently worth $9 million today.
Under the careful stewardship of the board of directors and assistance from financial advisors, the Foundation is on solid footing and is capable of meeting the IRS-required annual charitable distribution rate of 5%.
If you would like to participate in Albert and Julia’s vision for our community, we would be honored to accept your tax deductible contribution and be included in your estate planning. The Foundation’s attorney will happy to assist you in structuring an appropriate means for making your bequest. His office may be contacted at the address below.
One of the easiest ways to support The Albert Haller Foundation is to leave a gift in your will or revocable trust. You can name a specific dollar amount, or a percentage of what is left, after you leave specific gifts for family and friends.
You can also designate the foundation as a beneficiary of all or part of your estate – and you can update your beneficiary at any time.
Gifts by Bequest in Your Will or Trust
A bequest or gift in your will has many advantages. Perhaps the most important one is that it allows you to retain your assets throughout your lifetime so they are there for you if unexpected family needs, health problems or other unpredictable life events arise. Many donors prefer this since they can easily change their bequests.
• Your assets remain under your control during your lifetime.
• You can modify your gift if your circumstances change.
• A bequest by will may be an effective way to reduce estate taxes.
• Just a sentence in your will or trust completes your gift.
Here is sample language for leaving a specific dollar amount, or percentage of your residual assets in your will:
I give and bequeath to The Albert Haller Foundation located in Sequim, Washington, the sum of $_____.
I give and bequeath to The Albert Haller Foundation located in Sequim, Washington, _______ (all or a percentage) of the rest, residual and remainder of my estate.
Here’s sample contingent language:
If (insert name) is not living at the time of my death, I bequeath to The Albert Haller Foundation located in Sequim, Washington, the sum of $____ or ____ percent of the rest, residual and remainder of my estate.
I give, devise, bequeath ______ (insert dollar amount or item of property to be donated) to The Albert Haller Foundation, a nonprofit corporation as described in section 170(c) of the Internal Revenue Code, P.O. Box 2739, Sequim, WA 98382.
I give, devise, bequeath, ______ (insert % amount) of all the rest, residue and remainder of my estate to The Albert Haller Foundation, a nonprofit corporation as described in section 170(c) of the Internal Revenue Code, P.O. Box 2739, Sequim, WA 98382