WILL OR REVOCABLE LIVING TRUST

“Leave a Legacy”-- A Bequest through your Will or Living Trust

If you are not in the financial position to make a current gift because you don’t want to outlive your assets, want to have a secure “rainy day” fund, want to ensure your children are cared for, or are concerned about generating enough current income, you might consider how you could leave a future gift.

Legacy gifts offer you the flexibility to change your gift in the future and also provide a gift to the Sisters after you are sure your lifetime needs are met. You can choose to leave a specific dollar amount, specific property or a percentage of your estate to the SSMO Foundation. You can also name the SSMO Foundation as a contingent beneficiary, which ensures your primary beneficiary (i.e., spouse or child) is taken care of if he/she is still alive at your death.

IMPORTANT NOTE: It is important that you refer to the proper legal name of the Foundation when remembering the Sisters and their ministries in your will. Please refer to the “Sisters of St. Mary of Oregon Foundation” in your documents. The Foundation’s federal Tax ID is # 93-1253966.

SAMPLE LANGUAGE FOR AN UNRESTRICTED GIFT

“I give _________* to the Sisters of St. Mary of Oregon Foundation, an Oregon non-profit corporation, to be used for the programs and for such purposes as the Board of Directors of the Sisters of St. Mary of Oregon Foundation, in their discretion, deem appropriate.”

SAMPLE LANGUAGE FOR AN UNRESTRICTED GIFT TO THE ENDOWMENT FUND

“I give _________* to the Sisters of St. Mary of Oregon Foundation, an Oregon non-profit corporation, to be transferred to the SSMO Foundation's Endowment Fund. I have read and understand the SSMO Foundation's Endowment Fund Disclosure Statement. If at any time in the judgment of the Board of Directors of the SSMO Foundation it is impractical or impossible to transfer my gift to the SSMO Foundation's Endowment Fund, then the Board of Directors of the Sisters of St. Mary of Oregon Foundation may use my gift for such other purposes that are consistent with my interests and intentions as I may have expressed, or for the Sisters' most important needs if my particular interests and intentions have not been expressed.”
Click here to download an Endowment Disclosure Statement.

SAMPLE LANGUAGE FOR A RESTRICTED GIFT TO A SPECIFIC MINISTRY

“I give _________* to the Sisters of St. Mary of Oregon Foundation, an Oregon non-profit corporation, to be used in support of [a particular entity or ministry of SSMO]**. If at any time in the judgment of the Board of Directors of the SSMO Foundation it is impractical or impossible to carry out this purpose, then the Board of Directors of the Sisters of St. Mary of Oregon Foundation may use my gift for such other purposes that are consistent with my interests and intentions.”

*Gifts may include a specific dollar amount, specific property, a percentage of your estate (i.e. “20% of my estate”) or the “residue” (remainder of your estate).

**Gifts may be restricted to the following Sisters' entities and/or ministries:

Sisters of St. Mary of Oregon for the Sisters' most important needs

Sisters' Retirement Fund

Little Flower Development Center

St. Mary of the Valley School

Valley Catholic Middle School

Valley Catholic High School

Maryville Nursing Home

Please contact John Lauerman, Executive Director, at 503-644-9181 or jlauerman@ssmo.org, if you would like to structure your gift in some other meaningful way.

Thank you for considering a bequest to benefit the Sisters and their ministries!