Sample Language for a Bequest to Add to Existing Endowment

Sample language for a bequest to add to existing endowment

“I hereby give, devise and bequeath _______*__________ to the McCoy College of Business Foundation, EIN 72-1579293, (Foundation) for the use and benefit of the McCoy College of Business Administration (College) at Texas State University located in San Marcos, Texas  This gift shall be added to the _____________________________, which benefits the College.”

 *Some items commonly addressed in this section include:

  • A fixed dollar amount.
  • A percentage of an estate. (i.e. 5%, 10%, 25%)
  • A percentage of a parcel of land or real estate.  (Please give as specific of a description of the property as possible)
  • Other tangible asset.  (i.e. securities, collections)

The McCoy College of Business Foundation is happy to be of assistance in helping you accomplish your philanthropic goals.  If you would like to have a confidential visit with a foundation representative, please contact the office at 512-245-4358.

Please consult with your legal and/or tax counsel before drafting any legal instrument.
Sample Language For Bequests
(for gifts to be added to an existing endowment)