Sunday, January 13, 2008

How to Choose an Agency to Set Up a Memorial Fund

Introduction

When a friend or family member passes away, there is often an urge to make a charitable contribution in that person's name. However, you may not know the best charity to which you should donate your money. If a close friend or relative has recently passes away, you can choose an agency with which to set up a memorial fun in order to give people a donation option.

Instructions

Difficulty: Moderate

Things You'll Need

  • Information about the deceased's donation preferences
  • Will

Steps

1

Step One

Discuss memorial fund options with your loved one if death is a certainty in the future.
2

Step Two

Review the deceased's will to see if specific instructions were given regarding memorial funds.
3

Step Three

Collect information about where the deceased has donated money in the past few years or where money from the estate will be going.
4

Step Four

Consider churches at which the deceased was a member.
5

Step Five

Consider organization fighting the disease causing the deceased's death, if that is the case.
6

Step Six

Call each organization on the list to find out about the possibility of a memorial fund. Some simply are not set up to run such programs.
7

Step Seven

Talk with other friends and family members of the deceased for input about where the money should go.
8

Step Eight

Choose the organizations that most need the money or that were most dear to the deceased.

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