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Planned Giving - A Renewable Legacy

Bequests, or naming the MREA as a beneficiary in your will or trust document is the most common form of planned giving. This is an opportunity to support what you value beyond your lifetime. For many a bequest is a means of making a much larger gift than possible while you are still drawing an income from your investments. Such bequests are exempt from federal or state estate taxes. A properly planned bequest can even result in a larger estate passing on to your heirs.

There are several different types of bequests including:
Specific Bequest
You can name Midwest Renewable Energy Association as the direct beneficiary of a stated amount of money, a particular piece of property, or a stated percentage of your estate.

Residuary bequest
You can designate Midwest Renewable Energy Association to receive all or a portion of the remainder of your estate once all specific bequests (to family and friends) have been satisfied.

Contingent bequest
Often, individuals provide that assets should go to family members or friends. However, it is important to provide for a contingent beneficiary to receive assets in case your named individual beneficiaries do not survive you.

Sample bequest language: “ I hereby give, devise and bequeath to the Midwest Renewable Energy Association, a 501c3 non-profit, non-stock Wisconsin Corporation with its principal offices in Custer, Wisconsin, the sum of ___________ dollars ($). It is understood that my gift will be deposited into the general fund of the Midwest Renewable Energy Association, to be used or disposed of as its Board of Directors in its sole discretion deem appropriate.”

You can also direct your donation to our Scholarship Fund. Click here for more information.

Legal Designation
The proper legal name to be used when you include Midwest Renewable Energy Association in your plan is:
Midwest Renewable Energy Association
7558 Deer Rd.
Custer, Wisconsin 54423
Tax ID# 39-1666119




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Midwest Renewable Energy Association
7558 Deer Road - Custer, WI 54423
Ph: 715-592-6595   Fx:715-592-6596
info@the-mrea.org

Page Last Modified: Tuesday, August 29, 2006