Planned Giving

Bequest Language

pdficon_large.gif Printable Bequest Language

A bequest—a gift in your will—is a simple and convenient way to create your own legacy at Trinity University.

Your bequest can be a specific dollar amount or a percentage of your estate. Your bequest may be given for general use, or you can designate a specific purpose. Many alumni, faculty, staff, parents, and friends establish endowments that honor the memory of a family member, a loved one, a classmate, or a beloved faculty member. Endowments live forever because only a portion of the fund’s earnings are available for spending annually.

Examples of various types of bequests

Specific bequests are used to make a gift of a specific dollar amount or specific asset (such as securities, real estate, or personal property).

Residuary bequests are used to give all or a portion of the remainder of your estate after payment of expenses and any specific amounts designated to other beneficiaries.

Including Trinity University in your will

The following includes several examples of suggested bequest wording to benefit Trinity University.

Each individual situation is unique. Therefore, these examples include only some of the possible gift opportunities. We encourage you to discuss your intentions with us at Trinity to ensure that your wishes will be properly followed and recognized.

Because a will is an important legal document, you should seek an attorney's help. To assist you with this important process, we offer suggested wording below.

Percentage of estate for unrestricted purposes
"I give to Trinity University, a nonprofit organization located at One Trinity Place, San Antonio, Texas, 78212 (Federal Tax ID Number 74-1109633), _____ percent (%) of the remainder of my estate to advance its education mission.”

Percentage of estate to establish an endowed fund
"I give to Trinity University, a nonprofit organization located at One Trinity Place, San Antonio, Texas, 78212 (Federal Tax ID Number 74-1109633), _____ percent (%) of the remainder of my estate to establish the ________ Endowed Fund. The portion of this fund available for spending each year shall be used to ___________________________. Contributions may be added to the Fund at any time.

“If changed circumstances should at some future time make it impossible or impractical to carry out exactly the above purpose in the above manner, then Trinity University’s Board of Trustees may change the purpose and manner as near as is practical to the original intent.”
   
Specific amount for unrestricted purposes
"I give to Trinity University, a nonprofit organization located at One Trinity Place, San Antonio, Texas, 78212 (Federal Tax ID Number 74-1109633), the sum of $_______ in cash (or ________ shares of ________stock) to advance its education mission."

Specific amount for specific purposes
"I give, devise, and bequeath to Trinity University, a nonprofit organization located at One Trinity Place, San Antonio, Texas, 78212 (Federal Tax ID Number 74-1109633), the sum of $_______ in cash or in-kind (or ________ shares of ________stock) to be used for __________________________________________ at Trinity University.

“If changed circumstances should at some future time make it impossible or impractical to carry out exactly the above purpose in the above manner, then Trinity University’s Board of Trustees may change the purpose and manner as near as is practical to the original intent.”

Designating the purpose of a bequest

Unrestricted:
The most impactful bequest is unrestricted, allowing the funds to be used wherever Trinity’s need is greatest and enhancing the University’s future ability to be resilient, creative, enterprising, and, most important, committed to excellence in the liberal arts.

Restricted: You may designate your bequest gift to support a special program or purpose that reflects your interests (specific departments, professorships, endowment, or scholarships).

If the bequest is restricted to a specific purpose, it is important that the following wording be added at the end of the provision. This will ensure that, in the remote possibility a specified purpose may cease to need funds in the future, an alternate use for the bequest may be determined.

"If changed circumstances should at some future time make it impossible or impractical to carry out exactly the above purpose in the above manner, then Trinity University’s Board of Trustees may change the purpose and manner as near as is practical to the original intent.”

Please contact Kristine N. Howland, director of planned giving, at 210-999-7697 or khowland@trinity.edu, or Mike Patterson, planned giving officer, at 210-999-8452 or mpatters@trinity.edu, to discuss your intentions and to share the news of your future gift. Thank you!

 

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