We have provided some basic bequest language to assist you and your attorney.
If you are considering making an outright bequest to Cortland College Foundation, we recommend the following language:
Bequest of a Specific Dollar Amount
I hereby give, devise, and bequeath _________ and No/100 dollars ($DOLLARS) to Cortland College Foundation, a nonprofit organization located at Brockway Hall, Cortland, NY, 13045, Federal Tax ID #16-0979814, for Cortland College Foundation's general use and purpose.
Bequest of Specific Personal Property
I hereby give, devise, and bequeath DESCRIPTION OF PROPERTY to Cortland College Foundation, a nonprofit organization located at Brockway Hall, Cortland, NY, 13045, Federal Tax ID #16-0979814, for Cortland College Foundation's general use and purpose.
Bequest of Specific Real Estate
I hereby give, devise, and bequeath all of the right, title, and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Cortland College Foundation, a nonprofit organization located at Brockway Hall, Cortland, NY, 13045, Federal Tax ID #16-0979814, for Cortland College Foundation's general use and purpose.
If you are considering making a bequest of a percentage of your estate to Cortland College Foundation, we recommend the following language:
I hereby give, devise, and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Cortland College Foundation, a nonprofit organization located at Brockway Hall, Cortland, NY, 13045, Federal Tax ID #16-0979814, for Cortland College Foundation's general use and purpose.
I hereby give, devise, and bequeath to Cortland College Foundation, a nonprofit organization located at Brockway Hall, Cortland, NY, 13045, Federal Tax ID #16-0979814, ALL OR A PERCENTAGE of the rest, residue, and remainder of my estate to be used for Cortland College Foundation's general use and purpose.
Restricted Bequests
If you are considering a bequest but would like to ensure that your bequest will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.
If you are making a restricted bequest, we recommend that your attorney include the following provision to give Cortland College Foundation flexibility should it no longer be possible for Cortland College Foundation to use your gift as you originally intended:
If, in the judgment of the Board of Directors of Cortland College Foundation, it shall become impossible for Cortland College Foundation to use this bequest to accomplish the specific purposes of this bequest, Cortland College Foundation may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.
Contact Us
Please contact us if you have any questions about how to make a bequest to Cortland College Foundation or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.
If you have included a bequest for Cortland College Foundation in your estate plan, please contact us to let us know. We would like to thank you and recognize you for your gift.
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