Q Place Bequest Giving
Thank you for your interest in supporting the mission of Q Place through a gift in your will or trust. We count it an honor and a great responsibility before God to steward your gift well so that the ministry of Q Place continues to multiply the number of people who are questioning, discovering, and growing in their relationship with God.
If you have a taxable estate, your bequest will offset or eliminate estate taxes, potentially also providing an increase in inheritance for your heirs. By making a bequest you are leaving a lasting legacy for ministries that are important to you.
How to Get Started
Your attorney can help you include a bequest to Q Place in your estate plan, and we have provided some basic bequest wording on this page to assist you and your attorney.
At this time, bequest gifts to Q Place are limited to dollar amounts or percentages of an estate rather than including gifts of property or real estate.
Wording for Bequests to Q Place
A specific bequest involves making a gift of a specific dollar amount or a percentage of your overall estate. For example, you may wish to leave $10,000 to Q Place, or you may wish to leave 10% of your estate to Q Place.
A residual bequest is a bequest that is made from the balance of an estate after the will or trust has given away all specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Q Place.
Bequest of a Specific Dollar Amount
I hereby, give, devise and bequeath [$DOLLARS] to Q Place, a non-profit organization located at 25W560 Geneva Road, Carol Stream, IL, Federal Tax ID #[PLEASE CONTACT US], for Q Place’s general use and purpose.
Bequest of Percentage of an Estate
I hereby, give, devise and bequeath [PERCENTAGE] of my estate to Q Place, a non-profit organization located at 25W560 Geneva Road, Carol Stream, IL, Federal Tax ID #[PLEASE CONTACT US], for Q Place’s general use and purpose.
I hereby, give, devise and bequeath [PERCENTAGE] of the balance of my estate to Q Place, a non-profit organization located at 25W560 Geneva Road, Carol Stream, IL, Federal Tax ID #[PLEASE CONTACT US], for Q Place’s general use and purpose.
Restricting Your Bequest
If you would prefer for your bequest to be applied to a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give that will ensure your charitable objectives can be met. We will also work with you and your attorney to craft language to accomplish your objectives.
If you are making a restricted bequest, we recommend that your attorney include the following provision to give Q Place flexibility should it no longer be possible for Q Place to use your gift as you originally intended.
Wording to Include with a Restricted Bequest
If, in the judgment of the Board of Directors of Q Place, it shall become impossible for Q Place to use this bequest to accomplish the specific purposes of this bequest, Q Place may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.
Please contact us with questions or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to the ministry of Q Place.