Interested in helping Beloit College with our mission but feel overwhelmed by the thought of writing another check or giving up your assets today? A simple, flexible and versatile way to ensure we can continue our work for years to come is a gift in your will or living trust, known as a charitable bequest.
By including a bequest to Beloit in your will or living trust, you are ensuring that we can continue our mission for years to come. Your gift also entitles your estate to an unlimited federal estate tax charitable deduction.
The following sample bequest provisions will assist you and your attorney in drafting the language for your will or trust.
_______________% of my estate, OR
the sum of $_______________, OR
the real property described on the deed as _______________, OR
personal property described as _______________, OR
all the rest, residue and remainder of my estate, OR
_______________% of the rest, residue and remainder of my estate
to THE BOARD OF TRUSTEES OF BELOIT COLLEGE. The College shall hold, manage and distribute the funds in accordance with the Gift Use Agreement* entered into between me and the College.
*Optional language: "If no such agreement exists at the time of my death, then...
the funds shall be unrestricted and held and managed as a part of the permanent endowment of the College. OR
the funds shall be used for the highest and best purposes of the College."