A gift to WyoFile through your will or revocable living trust can help sustain independent, in-depth reporting in the public interest for generations to come. A bequest:
- Is straightforward to arrange with the help of an attorney.
- Does not affect your assets during your lifetime.
- Can be changed as your circumstances or priorities change.
Information for You and Your Advisor
Legal Name: WyoFile
Mailing address: PO Box 1099, Lander, WY 82520
Federal tax ID (EIN): 27-0410642
The following sample language is provided as a starting point for you and your attorney.
Residual Gift Language
A residual bequest gives WyoFile all or a percentage of what remains in your estate after expenses, debts and other specific gifts have been paid.
I give to WyoFile, a nonprofit organization located at PO Box 1099, Lander, Wyoming 82520, Federal Tax ID #27-0410642, or its successor organization, all [or _____ percent (_____%)] of the rest, residue and remainder of my estate, both real and personal, to be used for its general charitable purposes without restriction.
Specific Gift Language
A specific bequest gives WyoFile a stated dollar amount or a particular asset.
I give to WyoFile, a nonprofit organization located at PO Box 1099, Lander, Wyoming 82520, Federal Tax ID #27-0410642, or its successor organization, the sum of $__________ [or describe the asset] to be used for its general charitable purposes without restriction.
Percentage Gift Language
A percentage bequest allows your gift to remain proportionate to the value of your estate.
I give to WyoFile, a nonprofit organization located at PO Box 1099, Lander, Wyoming 82520, Federal Tax ID #27-0410642, or its successor organization, _____ percent (_____%) of my estate to be used for its general charitable purposes without restriction.
Contingent Gift Language
You may name WyoFile as a contingent beneficiary if a person or other beneficiary does not survive you or if another bequest cannot be fulfilled.
If [name of beneficiary] does not survive me, I give to WyoFile, a nonprofit organization located at PO Box 1099, Lander, Wyoming 82520, Federal Tax ID #27-0410642, or its successor organization, [the sum of $__________ / _____ percent (_____%) of my estate / all or _____ percent (_____%) of the rest, residue and remainder of my estate] to be used for its general charitable purposes without restriction.
Retirement Plan or Other Beneficiary Designation
You may name WyoFile as a beneficiary of all or a percentage of a retirement account, life insurance policy, bank account or investment account. These gifts are generally arranged using a beneficiary designation form supplied by the account administrator or financial institution rather than through your will.
When completing the form, use:
WyoFile, PO Box 1099, Lander, WY 82520, Federal Tax ID #27-0410642, as beneficiary of _____ percent (_____%) of this account or policy.
Please consult your legal, tax or financial advisor about how a beneficiary designation may affect your estate and the people you wish to provide for.
A Gift for a Specific Purpose
An unrestricted gift gives WyoFile the greatest flexibility to direct resources where they can have the most impact. If you would like your gift to support a particular purpose—or to be added to WyoFile’s endowment—please contact us before finalizing your plans. A brief conversation can help ensure that WyoFile can carry out your wishes and that your attorney uses the correct charitable beneficiary and language.
Your attorney may wish to include a provision that allows WyoFile to honor the spirit of your gift if the original purpose becomes impossible, impractical or no longer advances WyoFile’s mission. Suggested language:
If, in the judgment of WyoFile’s Board of Directors, it becomes impossible, impractical or inadvisable to use this gift for the stated purpose, WyoFile may use the gift for a purpose that most closely reflects my original charitable intent.
We’re Here to Help
If you or your advisor would like to discuss a planned gift or request customized language, please contact WyoFile at donate@wyofile.com. Sharing your plans is entirely optional, but it gives us the opportunity to thank you, confirm that we understand your wishes and plan responsibly for the future.
Important Notice
The information on this page is general and educational in nature. It is not intended as legal, tax, accounting or financial advice. WyoFile encourages you to consult your own qualified professional advisors before making or changing an estate plan or beneficiary designation.