When you name the Peninsula Open Space Trust in your will or trust, you are making a permanent gift to the people of the Peninsula.
Your gift will be used to purchase local open space and to preserve the character, diversity and beauty of our local landscape. Your will is your opportunity to leave a legacy of protected open space lands.
When your attorney draws up your will or living trust, the Peninsula Open Space Trust should be designated as: Peninsula Open Space Trust, a California non-profit public benefit corporation, with Business Address of 222 High Street, Palo Alto, CA 94301.
POST's taxpayer identification number is: 94-2392007.
We suggest that you specify that your bequest be: "used in such a manner as the Board of Directors of the Peninsula Open Space Trust shall, in its discretion, determine." However, should you wish to restrict your bequest to a particular program or programs, we would be pleased to work with you to ensure that your wishes will be met.
We appreciate your considering a bequest to the Peninsula Open Space Trust. Your bequest to POST could be a particular dollar amount, a percentage of your estate, or even a particular asset or group of assets. Bequests will be distributed after all debts, taxes and expenses of your estate have been paid.
Should you decide to make POST a beneficiary of your will or living trust, it would be helpful for us to know of your intentions. If you would like, you could provide POST a copy of the relevant portion of your will or living trust so that we could ensure that your wishes are carried out at the appropriate time. This information will, of course, be kept strictly confidential.
We would be pleased to provide further information on naming POST as a beneficiary of your will, and the tax implications of such a gift. We also would be happy to discuss other options, such as real estate gifts or charitable remainder trusts. Please contact Adelaide Roberts, Director of Planned Giving, at (650) 854-7696.
