Bequest Language for Donors

Sample Bequest Language

UNRESTRICTED BEQUESTS

An unrestricted bequest is one intended for the general and best use by Marietta College at the discretion of the Board of Trustees. Such a bequest might read:

I give, devise, and bequeath to Marietta College, Marietta, Ohio, Federal Tax ID 31-4379584 (the sum of $________) (____ percent of my estate) (the following property) (the rest, residue, and remainder of my estate). The property comprising this gift may be used to further the charitable purposes of Marietta College at the discretion of its trustees.

RESTRICTED BEQUESTS

Donors may restrict the use of their bequests. A restricted bequest might provide as follows:

I give, devise, and bequeath to Marietta College, Marietta, Ohio, Federal Tax ID 31-4379584 (the sum of $______) (______ percent of my estate) (the following property) (the rest, residue, and remainder of my estate). The property comprising this gift shall be used for (state purpose). If, in the opinion of the trustees of the College, or their successors, the need for funds for the charitable purpose described above no longer exists at some future date, the trustees, or their successors, are authorized to use these funds in the best interest of Marietta College.

 

Founded in 1835, Marietta College is a private, liberal arts college located in southeast Ohio. Consistently ranked among the top Midwestern
schools by U.S. News and World Report, Princeton Review and others, Marietta College's small and diverse student body enjoy opportunities
rarely found at other liberal arts schools.


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