Bequest Language

In a will:

I hereby give, devise and bequeath to Syracuse University, a non-profit educational institution, ______ dollars ($_____), or _____ percent (_____ %) of my (residuary) estate, to be used for the benefit of Syracuse University as the Trustees thereof may direct.

In a trust:

The Trustee(s) shall distribute to Syracuse University, a non-profit educational institution, _____ dollars ($_____), or _____ percent (_____ %) of (Trust name) assets, to be used for the benefit of Syracuse University as the Trustees thereof may direct.

In a will:

I hereby give, devise and bequeath to Syracuse University, a non-profit educational institution, _____ dollars ($_____), or _____ percent (_____ %) of my (residuary) estate, to be used for the benefit of (a specific college, school, unit, fund or program) at Syracuse University. If at some time in the future this purpose no longer exists, the Trustees may use the funds for any purpose which, in their opinion, most nearly approximates the Donor’s stated purpose.

In a trust:

The Trustee(s) shall distribute to Syracuse University, a non-profit educational institution, _____ dollars ($_____), or _____ percent (_____ %) of (Trust name) assets, to be used for the benefit of (a specific college, school, unit, fund or program) at Syracuse University. If, at the time of distribution, the purpose above no longer exists, I hereby direct my Trustee(s) to distribute the funds to Syracuse University, a non-profit educational institution, for any purpose which, in their opinion, most nearly approximates the original stated purpose.

In a will:

I hereby give, devise and bequeath to Syracuse University, a non-profit educational institution,_____ dollars ($_____), or _____ percent (_____%) of my (residuary) estate, to be added to the _______________ Fund (hereafter the “Fund”), subject to the terms in a Statement of Understanding on file with the College. If said Fund no longer exists, the Trustees may use the funds for any purpose which, in their opinion, most nearly approximates the Fund’s intended purpose.

In a trust:

The Trustee(s) shall distribute to Syracuse University, a non-profit educational institution, _____ dollars ($_____), or _____ percent (_____ %) of (Trust name) assets, to be added to the _______________ Fund (hereafter the “Fund”), subject to the terms in a Statement of Understanding on file with the College. If, at the time of distribution, the Fund above no longer exists, I hereby direct my Trustee(s) to distribute the funds to Syracuse University, a non-profit educational institution, for any purpose which, in their opinion, most nearly approximates the Fund’s intended purpose.

In a will:

I hereby give, devise and bequeath to Syracuse University, a non-profit educational institution, _____ dollars ($_____), or _____ percent (_____%) of my (residuary) estate, to constitute a true endowment fund to be known as the _______________ Fund, such fund to be kept invested by Syracuse University, a non-profit educational institution, the annual income there from, as determined by the University’s spending formula, to be used for the benefit of the University in such manner as the Trustees may direct. This Fund, for the purposes of investment, may be combined with other funds of Syracuse University.

In a trust:

The Trustee(s) shall distribute to Syracuse University, a non-profit educational institution, _____ dollars ($_____), or _____ percent (_____ %) of (Trust name) assets, to constitute a true endowment fund to be known as the _______________ Fund, such fund to be kept invested by Syracuse University, a non-profit educational institution, the annual income there from, as determined by the University’s spending formula, to be used for the benefit of the University in such manner as the Trustees may direct. This Fund, for the purposes of investment, may be combined with other funds of Syracuse University.

Syracuse University encourages donors who are considering a new restricted permanent fund for their bequest to speak with a member of the Gift Planning staff about appropriate language, minimum funding thresholds, and legal limitations on restricted permanent (endowed) funds. You should also consult with your legal and tax advisors. Syracuse University’s Gift Planning staff would be happy to speak with your advisors as well.