Sample Language for a Bequest to Hamline
Unrestricted Bequest
I give to the Trustees of the Hamline University of Minnesota, a Minnesota nonprofit corporation,
located in Saint Paul, Minnesota, the sum of _________ dollars to be used for the School of Law for its general purposes.
* Please contact your attorney for advice about making a charitable bequest.
Unrestricted Specific Bequest
I give to the Trustees of the Hamline University of Minnesota, a Minnesota nonprofit
corporation, located in Saint Paul, Minnesota, [insert here a description of the real or
personal property to be given] to be used for the Law School for its general purposes.
* Please contact your attorney for advice about making a charitable bequest.
Unrestricted Residuary Bequest
I give [my residuary estate] to the Trustees of the Hamline University of Minnesota,
a Minnesota nonprofit corporation, located in Saint Paul, Minnesota, to be used for the Law School for its general purposes.
Note: The residuary bequest form can easily be adapted to a percentage allocation
to benefit multiple charitable and/or noncharitable beneficiaries.
* Please contact your attorney for advice about making a charitable bequest
Contingent Gift of Residuary Estate
I give my residuary estate to [insert name of person] if he/she survives me.
If [insert name or person] does not survive me, I give my residuary estate
to the Trustees of the Hamline University of Minnesota, a Minnesota nonprofit
corporation, located in Saint Paul, Minnesota, to be used for the Law School for its general purposes.
* Please contact your attorney for advice about making a charitable bequest.
Endowment Bequest
(An endowment gift is permanently invested, and only the earnings are spent each year.)
"I give to the Trustees of the
Hamline University of Minnesota, a Minnesota non-profit corporation,
located in Saint Paul, Minnesota, (__dollars) or (__percent of the
residue of my estate) to establish the (name of endowment), an endowed fund to be used for the Law School for the following purposes: (state specific purpose).
If,
in the future, it is the opinion of the Board of Trustees of Hamline
University that all or part of the income of this fund cannot be
usefully applied to such purpose, the Law School may use the same for
any purpose that will most nearly accomplish my wishes."
*Please contact your attorney for advice about making a charitable bequest.
Restricted Bequest
I give to the Trustees of the Hamline University of Minnesota, a Minnesota nonprofit corporation, located in Saint Paul, Minnesota, [insert here the amount in dollars, the percentage of the residue, or a description of the securities, real estate, or other property to be given] to be used for the Law School for [e.g. an academic department, the library, or technology resources.]
* Please contact your attorney for advice about making a charitable bequest.
Memorial Bequest
A bequest may be used to memorialize a spouse, relative, classmate, or friend by including language that it is given "in memory of [insert name of person.]"
You can also create a permanent
memorial to a loved one by naming an endowment fund in memory of the
person(s), e.g. [insert name of person] Memorial Endowed Scholarship
Fund.
(See previous endowment bequest language sample and minimum endowment gift levels.)
* Please contact your attorney for advice about making a charitable bequest.