Make a Bequest

Bequests Members and supporters of the Latvian American community looking to leave a lasting legacy should consider making a bequest to The American Latvian Association’s Century Bequest Fund.

Our Century Bequest Fund has been established for the purpose of increasing the core capital structure of our organization. The Fund will be invested conservatively by professional financial advisors, with the income used to defray ALA’s annual expenditures.

ALA is asking its members and supporters to consider allocating between 5% and 10% of their estate to our Century Bequest Fund. While donations and membership dues currently pay for half of ALA’s annual expenditures, they can fluctuate significantly from year to year. We believe that the Century Bequest Fund generating steady income will ensure the long-term viability of our organization as it continues its important job of unifying and supporting the Latvian-American community, preserving our cultural heritage for future generations in the United States of America and providing important humanitarian aid to people in Latvia. Since American Latvian Association is a charitable, 501 (c) (3) non-profit organization., it may be advantageous for you to bequeath appreciated property such as real estate, stocks and bonds, and works of art rather than selling such property yourself and incurring the applicable taxes. All bequests are published in Latvian Dimensions and Latvian newspaper LAIKS.

If you have any questions, please call Andris Ramans, ALA’s Director of Fundraising at 650-968-4682 or by e-mail (a.ramans@comcast.net). We can also refer you to an attorney to discuss any legal concerns you might have.

We thank you in advance for your generous support.