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Bequest Model Language
Unrestricted Bequest
“I give, devise, and bequeath to The College of New Jersey Foundation, Inc., Ewing Township, New Jersey, the sum of _________ dollars ($_______), for [state purpose (e.g. its general purposes, for scholarships, for library acquisitions)].”
Amount of Gift Dependent on the Size of the Estate
“I give, devise, and bequeath to The College of New Jersey Foundation, Inc., Ewing Township, New Jersey, the sum of _________ dollars ($_______), or ______ percent of my adjusted gross estate as finally determined for federal estate tax purposes, whichever is the lesser, for [state purpose (e.g. its general purposes, for scholarships, for library acquisitions)].”
Endowment Bequest (minimum of $25,000)
“I give, devise, and bequeath to The College of New Jersey Foundation, Inc., Ewing Township, New Jersey, the sum of _________ dollars ($_______), to be added to its endowment and the net income therefrom shall be used for [state purpose (e.g. its general purposes, for scholarships, for library acquisitions)]. If, in the future, circumstances have so altered that it is no longer feasible, in the opinion of the Executive Board of The College of New Jersey Foundation, to continue the terms of this agreement, said Board shall be required to apply this fund to such purposes as may, in its opinion, most closely fulfill the intentions of the donors herein described.”
A specific Legacy
“I give, devise, and bequeath to The College of New Jersey Foundation, Inc., Ewing Township, New Jersey, my [e.g. art collection consisting of paintings and sculptures, real property located at _______, book collection consisting of _____ ].”.”
Gift of Residuary Estate
“I give, devise, and bequeath to The College of New Jersey Foundation, Inc., Ewing Township, New Jersey, the residue of the property owned by me at my death, real and personal and whatever situate, for [state purpose (e.g. its general purposes, for scholarships, for library acquisitions)].”
Contingent Gift of Residuary Estate
“I give, devise, and bequeath the residue of the property owned by me at my death, real and personal and whatever situate, to my wife, [state name], if she survives me. If my wife does not survive me, I give, devise, and bequeath my residuary estate to The College of New Jersey Foundation, Inc., Ewing Township, New Jersey, for [state purpose (e.g. its general purposes, for scholarships, for library acquisitions)].”
Please call The College of New Jersey Gift Planning Office at 609-771-3285, or e-mail jspencer@tcnj.edu for more information.
