Bequests

Designating NMLC in your will, or as a beneficiary of your life insurance policy, or Individual Retirement Account (IRA) can help to preserve New Mexico's precious landscape and will help to NMLC to grow in your memory.

You can give a precise amount or specific property to NMLC. Bequests, like other gifts, can be restricted for a specific purpose or given without such constraits. If you already have a will, you can append a charitable bequest with the simple revision of an addendum.

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Please let us know if you have chosen us as a beneficiary, so that we may plan our future accordingly and to allow us to say thank you.

Examples of Types of Bequests:

Unrestricted Bequest:

An Unrestricted bequest is one intended for the general and best use by NMLC at the discretion of the Board of Directors.

Such a bequest might read -

I give to the New Mexico Land Conservancy (NMLC), a non-profit organization located in Santa Fe, New Mexico, (Tax Id # 06-1648104) the sum of $___________ (or _____% of my estate; or the property described herein). The property comprising this gift may be used to further the charitable purposes of the New Mexico Land Conservancy at the discretion of its trustees.

Restricted Bequest - Gift for a Specific Purpose:

As with any gift, donors can restrict bequests for specific purposes. If you create a restricted bequest, please give the New Mexico Land Conservancy flexibility to meet unforeseen circumstances.

A sample Restricted Bequest -

I give to the New Mexico Land Conservancy (NMLC), a non-profit organization located in Santa Fe, New Mexico, (Tax Id # 06-1648104) the sum of $___________ (or _____% of my estate; or the property described herein) to be used for _____________________ specify purpose). If, in the opinion of the trustees or their successors, the need for funds for the charitable purpose described above no longer exists at some future date, the trustees or their successors are authorized to use these funds in the best interest of the New Mexico Land Conservancy.

Final Contingency Gift:

You can name a primary recipient of your estate, such as your spouse or children, and then name the New Mexico Land Conservancy (NMLC) as the final contingency gift. If your beneficiaries do not survive you, your estate passes to NMLC. Without this protection, the government will decide how to disburse your assets or might even inherit your estate.

A sample Final Contingency Gift request -

I devise and bequest the residue of the property owned by me at my death, real and personal and wherever situate, in equal shares to my above named beneficiaries, if they survive me. If my above named beneficiaries do not survive me, I give and bequeath my residuary estate to the New Mexico Land Conservancy (NMLC), a non-profit organization located in Santa Fe, New Mexico, (Tax Id # 06-1648104) for its general purposes.

Legal or Financial Advice
*Please be advised that the staff and Board of Directors of the New Mexico Land Conservancy cannot provide tax or legal advice. Please consult with your own tax or legal advisor when planning to make a gift to NMLC or any charitable organization.