Estate Planning: Legacy Circle

Legacy Circle

The Gift That Lives On: Tara Mandala Wisdom Rising Legacy Circle

What can we do now to help Tara Mandala thrive in the future and benefit generations to come? For many of us, Tara Mandala has been a life changing experience and support bringing healing, transformation, and freedom from suffering.

As you look to the future, knowing that ‘impermanence happens’, please consider including Tara Mandala in your will and estate planning. A planned gift can be your way of practicing generosity beyond this lifetime and ensuring Tara Mandala’s presence in the lives of future generations.

A planned gift can be as easy as naming Tara Mandala as a beneficiary in your retirement account or insurance policy, or adding a codicil to your will. Other more complex gifts may require the assistance of your attorney, accountant or financial planner.

We are deeply grateful to all who are able and willing to include Tara Mandala in their planned giving. We would like to acknowledge you in our publications and on our web site as a member of our Legacy Circle. When you step forward, you encourage others to do the same, although you may choose to remain anonymous. As we move into Tara Mandala’s 25th Year, this is the perfect time to consider adding Tara Mandala in your estate plans.  

Thank you for considering Tara Mandala through a planned gift. If you have already planned a gift for Tara Mandala, please let us know so that we may acknowledge you and also ensure that your wishes are carried out. If you have any questions please email us at accounts@taramandala.org

Proposed Language for Bequests to Tara Mandala

Please consult your financial planner before making a planned gift.

To make a gift in a will, the following language can be used:

“I give, devise, and bequeath to Tara Mandala (Tax ID #84-1270902), a non-profit, charitable religious corporation in Pagosa Springs, Colorado ______(choose from the following:)

  1. the sum of ___________ dollars ($__________ );  and/or
  2. the following described property to wit: _______________; and /or
  3. ______ percent ( __%) of my estate;  or
  4. all the rest, remainder and residue of my estate, including property over which I shall have power of appointment at my passing, after all debts, taxes, expenses, and other bequests have been satisfied.

“…to foster and promote the growth, progress, and general welfare of Tara Mandala____________ (choose one of the items):

  1. as the Trustees of Tara Mandala may direct; or
  2. to establish a fund to be known as the “__________________Fund,” a permanent endowment to benefit Tara Mandala, income from which will be used to ________________ (specify purpose*), as permitted by law; or
  3. Unrestricted purposes.

*if your gift is intended for something other than unrestricted purposes, please contact Tara Mandala Executive Director to discuss the gift designation.

“… In making this gift, it is my intention to serve Tara Mandala and I desire that the foregoing statement of purpose be liberally construed so that this objective may be fully accomplished. If, at any time in the judgment of the Tara Mandala Board of Directors or changed circumstances substantially interfere with the beneficial realization of such purpose, then the funds may be used for such other similar purpose as the Board of Directors determines to be consistent with my interests and intentions.”