By leaving a bequest to MPP in your will, you can support MPP's work far into the future. You will retain control of your assets, and your heirs may experience tax benefits from your charitable gift.
In drafting your will or living trust, you can specify your bequest as a fixed dollar amount (specific bequest) or a percentage of your estate (residuary bequest). For example, "I give to the Marijuana Policy Project Foundation, a 501(c)(3) charitable organization incorporated in the District of Columbia, the sum of $ (or all or percent of my residuary estate) to be used for its general purposes."
It is often simpler to express your bequests as a percentage of your estate, because if your estate changes in value, you will not have to update your will as often. Your gift remains proportional to your estate.
To make a bequest, please consult with your attorney to ensure that your intentions are clear and that your will is in compliance with your state's laws. Then, contact MPP Foundation at (202) 462-5747, ext. 2017, or at md@mpp.org, to let us know of your planned gift.
The purpose of this page is to provide general information only. The Marijuana Policy Project does not provide legal or tax advice. Please check with your tax and legal advisors when planning your charitable gift.
