Sample Bequest Language
When creating a bequest or other testamentary gift for Dartmouth, you or your attorney will need to know the legal or corporate name of the College. It is "Trustees of Dartmouth College."
Charitable bequests can take various forms. Here is a short guide:
A general bequest directs that Dartmouth receive a specified dollar amount or percentage of one's residuary estate to be used for the general purposes of the College. To include such a provision in your will we suggest the following:
“I hereby give, devise and bequeath to the Trustees of Dartmouth College______ dollars ($_____), or ________ percent (______%) of my residuary estate, whichever is less, to be used for the benefit of Dartmouth College as the Trustees thereof may direct.”
A restricted bequest directs that Dartmouth use the monies for a specified program, project, activity, academic discipline, or one of the three professional schools. These bequests may be subject to minimum funding thresholds and require additional language in your will. Some suggested forms are listed below:
“I hereby, give, devise, and bequeath to the Trustees of Dartmouth College ______ dollars ($______), or _______ percent (______%) of my residuary estate”
For an existing permanent fund
“...to be added to the _____________________ Fund, and shall be subject to the terms of the fund. However, if said fund no longer exists, then it may be used as the Trustees of Dartmouth College may determine.”
For a new permanent fund, income unrestricted
Please contact the Gift Planning Office by phone at 800-451-4067 or 603-646-3799, or e-mail firstname.lastname@example.org.
A contingent bequest takes effect only if the primary intention cannot be met. For example:
“If (primary beneficiary) does not survive me, then I give to the Trustees of Dartmouth College all the rest, residue, and remainder of my estate to be used as the Trustees of Dartmouth College may determine.”
A charitable bequest can also provide payments for life for a selected beneficiary by establishing a testamentary charitable remainder trust (established under the donor’s will) that provides payments to the beneficiary for life with the principal then being paid to Dartmouth.
Please contact the Gift Planning Office for more information or further guidance regarding restricted bequests, bequests of retirement plan assets, or testamentary planned gifts.