Bequests. The Foundation will actively encourage bequests of property and will work with all appropriate parties to ensure that all bequests comport with both the wishes of the testator and the policies of the Foundation. Gifts of property must be reviewed in accordance with this Policy before acceptance by the Foundation. The following sample language can be considered by a potential donor's estate planners in drafting a simple bequest to the Foundation:
"I give [the sum of $_______] OR [______% of my estate] OR [all or ___ % of the rest, residue, and remainder of my estate] to the Conquer Cancer Foundation of the American Society of Clinical Oncology, a Virginia non-stock corporation located at 2318 Mill Road, Suite 800, Alexandria, Virginia, 22314 (Federal Tax ID: 31-1667995), to be used for its general purposes."
The Foundation reserves the right to disclaim a bequest if its terms are contrary to the needs or wishes of the Foundation. Once the Foundation knows of a bequest, the Foundation will make every effort to protect its interests by following the gift through the probate process.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.