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Hi John:

We did something similar to what others described - a legally binding pledge for a specific amount. The gift agreement calls out that the money is intended to come from the donor's IRA (or it might have been a different kind of retirement plan). However, it also has a clause that guarantees the estate will pay it should the IRA not for any reason (incl...

Allow me to echo your calling experience, John. Our firm calls legacy prospects on behalf of nonprofit clients. We have been closely monitoring responses. Beginning in mid-February, we found many more prospects have been at home, are pleased with the contact, and are open to talking about their philanthropy plans. In fact, our conversations per hour h...

Hi Lindsay-
I might be able to help.  I am not sure if you are looking for more general articles that advocate the benefits DAFs, which just happen to be written by attorneys?  If so, then I'd be happy to send you such an article that I recently wrote for the University of Florida Foundation which advocates the use of DAFs, and their importance in the charitabl...

Thank you so much!

Some years ago, the Houston Symphony was in a similar matching-gift situation and solicited irrevocable pledges against donors' estates. The pledge documents stated specific dollar amounts, and then went on to indicate the pledges could be paid through a number of mechanisms, including will, trust, life insurance, or retirement plan.

One donor pur...

I have used what one university called an irrevocable testamentary pledge, as described. But beware: they are not legally recognized in all states. Before undertaking this kind of contract, check the agreement's validity in the donor's state.