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 Emmett and Miriam McCoy College of Business Administration Development 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 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)