Charitable legacies
“Make your mark on the future”
With your legacy of solidarity, you can take one more step in building a future full of opportunities for the young people who need it most.
At Fundación Tomillo, we work every day to improve the opportunities of children and young people from vulnerable contexts through training and employment. Now, we present a new way to contribute to this goal, leaving a lasting impression: solidarity wills or legacies.
What are charitable legacies?
A charitable bequest is a donation that you can include in your will in favor of Fundación Tomillo. It is a simple way to support our programs. It is a gesture that transcends in time, ensuring that more children and young people can have access to quality training, the education they deserve and the opportunities that will allow them to build a future full of possibilities.
In addition, you should know that the donation you make will reach 100%, since NGOs are not subject to inheritance tax.
How do solidarity legacies work?
Including the Tomillo Foundation in your will is a process that allows you to decide how you would like to help. You can bequeath a specific amount of money, a percentage of your estate or specific assets, such as property, artwork or shares.
The impact of your legacy
Every bequest, large or small, has a positive impact on the children and youth who participate in Tomillo, as it goes directly to our programs focused on improving access to training and employment for those who need it most.
At Fundación Tomillo, we believe that education is the key to building a better future. Through solidarity legacies, you are giving more young people the opportunity to be educated and transform their lives. Your gesture will be an investment in the future of our society, ensuring that the next generations will have access to a world of opportunities that would otherwise be inaccessible to them.
Why choose Fundación Tomillo
Fundación Tomillo has been working for more than 40 years for social inclusion, impacting the lives of thousands of young people and their families. Our projects focus on comprehensive training, providing not only academic knowledge, but also the development of socio-emotional skills for personal development. With a focus on well-being, employability and education, we work hand in hand with institutions and companies to ensure that young people can fully integrate into society.
How to leave a legacy of solidarity?
If you want to contribute to improving the future of young people who need it most, and you are interested in leaving a legacy of solidarity to the Foundation Tomillo, the steps are very simple:
1. Go to a notary with your ID card and explain your wishes to him/her indicating the Foundation’s data Tomillo:
Organization: Fundación Tomillo
Registered Office: C/ Albuñuelas 15 – 28041 Madrid
CIF: G28979136
2. Once you have made your solidarity will, we suggest that you communicate it to the Foundation Tomillo by sending an email to donaciones@tomillo.org or calling 913 69 82 01. You can also contact the Foundation Tomillo to resolve any questions through these two communication channels
Making a will is a very sensitive subject that we treat with the utmost respect and discretion. From the very beginning there will be absolute confidentiality in all communications, documents and information we receive from our testators.
If you want to contribute to improving the future of young people who need it most, and you are interested in leaving a legacy of solidarity to the Foundation Tomillo, the steps are very simple:
Frequently Asked Questions
It is the written declaration of will of a person by which he/she disposes of the destination of his/her assets and obligations, or part of them, after his/her death.
It is the set of assets, rights and obligations that remain after the death of a person.
In the event that there are forced heirs, it is divided into three equal parts:
- The legitimate: it is equivalent to the third part of the inheritance, which corresponds to the forced heirs -children and descendants; if there are none, parents and ascendants; and the widow or widower- and which is divided in equal parts.
- The third of improvement: the testator may allocate this part to the forced heirs, although not necessarily in equal shares.
- The third of free disposition: the testator can decide with absolute freedom its allocation to a relative, a third party or a legal person.
If there are no forced heirs, the testator may freely decide on the totality of his estate in his will.
Because it is a simple and inexpensive procedure that allows you to decide on the disposition of your estate. The will guarantees the fulfillment of your will when you are no longer alive and makes it easier for your heirs to pass on your assets.
If there are no heirs and no will has been drawn up, the law designates the State as heir.
Regardless of the value of the estate passed on, most wills executed before a notary usually cost between 38 and 50 euros.
It is the assignment to a specific individual or legal entity of one or more assets (real estate, cars, works of art, jewelry, etc.), benefits, debt collection, a percentage of assets or specific rights.
These assets, which are called “bequests”, are separated from the inheritance and are not subject to distribution among the heirs. The granting of a bequest can only be made by will and by expressly indicating it, with a limit: it can in no case be detrimental to the legitimate rights of the forced heirs.
You can bequeath a fixed amount of money or establish a percentage of the total value of your estate. It is also possible to make gifts in kind (real estate, works of art, jewelry, etc.).
It is not necessary. You only need to contact your notary to make a modification of your will. You can modify your will at any time and you can do it as many times as you wish.
The part of the inheritance that you grant to Fundación Tomillo will not be taxed, since, being a legal entity, it is not subject to Inheritance Tax. Likewise, the income derived from inheritances and legacies are exempt from corporate income tax as it is a non-profit organization declared of public utility.
Yes, you can include Fundación Tomillo as a beneficiary of your life insurance. If you wish to collaborate with the entity in this way, you must indicate this to your insurance company; in this case, we also ask you to inform us of your decision, so that, when the time comes, we can make it effective.
The notary who has authorized the will is obliged, at the moment he/she becomes aware of the testator’s death, to notify the non-profit entities appearing in the will of his/her appointment.
If an executor has been appointed in the will, this person must notify all the beneficiaries of the will of his or her appointment, since he or she is obliged to enforce the will of the deceased. If there is no executor in the will, the heirs must agree, because in the partition of the estate all the beneficiaries included in the will must be present.
In any case, if you decide to include Fundación Tomillo in your will, we advise you to contact us at donaciones@tomillo.org or by phone at 913 69 82 01.
