Clark University - Planned Giving Options
Ways to Make a Gift to Clark Through Your Will
General Bequests
This is one of the most popular ways to make a gift. You simply
leave the University a specified dollar amount.
I give the sum of $_______ to the Trustees of Clark University, a charitable
corporation located in Worcester, Massachusetts, for its general educational
purposes. Top
Specific Bequests
Here, you designate that Clark receives a specific asset from your estate.
Stocks, bonds, mutual fund shares, real estate and personal property (such as
works of art or antiques) can constitute a specific bequest.
I give _______ (insert a description of the asset ) to the Trustees of
Clark University, a charitable corporation located in Worcester, Massachusetts,
for its general educational purposes. Top
Residuary Bequests
You can specify that the residue or a percentage of the residue of your estate
be paid to the University after all debts, taxes, expenses and all other
bequests have been paid.
I give the rest of the property I own at my death to the Trustees of Clark
University, a charitable corporation located in Worcester, Massachusetts, to
be used for its general educational purposes. Top
Percentage Bequests
A bequest may also be expressed as a percentage of your estate or of the residuary
of your estate.
I give __% of my estate to the Trustees of Clark University, a charitable
corporation located in Worcester, Massachusetts, for its general educational
purposes. Top
Contingent Bequests
In this case, you name Clark to receive all or some of your estate if your
primary heirs predecease you.
If _____________ (insert the name of your heir) predeceases
me or disclaims any interest in __________ (describe the asset or portion
of your estate), I give such property to the Trustees of Clark University,
a charitable corporation located in Worcester, Massachusetts, for its general
educational purposes. Top
Restricted Bequests
You may wish to restrict your bequest to
a specific purpose at Clark (for example, to memorialize a family member or
a colleague, or to support a particular program).
I give $ _____________ (insert dollar amount or asset) to the Trustees
of Clark University, a charitable corporation located in Worcester, Massachusetts.
This gift shall be held in a permanent endowment fund to be known as the ____________
(insert your desired fund name) Fund, income only from which may be used
to support _____________ (insert tax-exempt purpose for which the gift is made).
Top
Codicil to Your Will
If you already have a will and wish to change a beneficiary or add a bequest
to Clark, ask your lawyer to draft a codicil for you to sign. All
provisions of your existing will shall be retained except those which are
modified by the codicil. Top
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Planned Giving
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