Bequest Language

A bequest to AETN through the AETN Foundation is a way of perpetuating your support for the role that AETN plays in the lives of others. It also enables you to make a major gift that might not otherwise be possible during life.

Through a bequest, you may leave to AETN Foundation a specific dollar amount, (such as $50,000), or you may designate all or a certain percentage of the estate go to the AETN Foundation after provisions for family members and other beneficiaries have been made. You may stipulate whether the bequest is for the general support of AETN or for a specific purpose. A bequest may also be made in honor or memory of another individual.

In addition to cash and securities, bequests to the AETN Foundation may include real estate, works of art, and other forms of personal property. All outright bequests to the AETN Foundation are exempt from federal estate taxes, and there is no limitation on the size of the gift.

Suggested Forms of Bequests

When making or revising a will, you should obtain the assistance of an attorney. Staff at the AETN Foundation will be pleased to work with you and your attorney to design an estate plan specifically tailored to your wishes. The following are suggested forms for making various types of bequests.

  1. Outright bequest in will

    1. Specific dollar amount:

      I hereby give, devise and bequeath the sum of _______dollars [$_______] to the Arkansas Educational Telecommunications Network Foundation, a non-profit organization located at 350 S. Donaghey, Conway, Arkansas 72034, Federal Tax ID# 71-0592505, for AETN’s general use and purposes.
    2. Specific property (personal property):

      I hereby, give, devise and bequeath to the Arkansas Educational Telecommunications Network Foundation, a non-profit organization located at 350 S. Donaghey, Conway, Arkansas 72034, Federal Tax ID# 71-0592505, for AETN’s general use and purposes.
    3. Specific property (real estate):

      I devise all of my right, title, and interest in and to the real estate located at to the Arkansas Educational Telecommunications Network Foundation, a non-profit organization located at 350 S. Donaghey, Conway, Arkansas 72034, Federal Tax ID# 71-0592505, to be used or disposed of for AETN’s general use and purposes.
    4. Share of, or entire residue, of estate:

      I devise and bequeath (all/or _______percent [_______%]) of the remainder of my property to the Arkansas Educational Telecommunications Network Foundation, a non-profit organization located at 350 S. Donaghey, Conway, Arkansas 72034, Federal Tax ID# 71-0592505, to be used or disposed of for AETN’s general use and purposes.
  2. Conditional bequest in will

    Insert the conditional language in one or more of the above provisions. For example:

    If my husband/wife does not survive me, I bequeath the sum of _______Dollars ($_______) to the Arkansas Educational Telecommunications Network Foundation, a non-profit organization located at 350 S. Donaghey, Conway, Arkansas 72034, Federal Tax ID# 71-0592505, for AETN’s general use and purposes.
  3. Restricted bequest

    If the gift to the charity is restricted, insert the restriction in place of the words “for AETN’s general use and purposes.” For example:

    I bequeath the sum of _______Dollars ($_______) to the Arkansas Educational Telecommunications Network Foundation, a non-profit organization located at 350 S. Donaghey, Conway, Arkansas 72034, Federal Tax ID# 71-0592505, for the following use and purpose: .
    In the event of a gift subject to a restriction, we suggest including the following provision:

    If in the judgment of the Board of Directors of the AETN Foundation it becomes impossible to accomplish the purposes of this gift, the income or principal may be used for such related purposes and in such manner as determined by its Board of Directors.
    We also suggest that you talk with staff at the AETN Foundation about any restricted giving to ensure that it aligns with our mission and our ability to honor your wishes.
For more information, please contact Karen Cooper, Major & Planned Giving Coordinator, or Mona Dixon, COO and Director of Development AETN Foundation 350 S. Donaghey, Conway, Arkansas 72034 1-800-662-2386 (toll-free) | 501-730-9310 (direct) legacygifts@aetn.org