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Bequest Language

pdficon_large.gif Printable Bequest Language

A general bequest to be expended in the year of death:

I give (a specific asset) or (___ percent of the rest, residue, and remainder of my estate) to Providence College, a nonprofit corporation in Providence in the State of Rhode Island, income and principal to be applied in its discretion for its general uses and purposes.

A bequest for a specific purpose to be expended in the year of death:

I give (specific asset) or (____ percent of the rest, residue, and remainder of my estate) to Providence College, a nonprofit corporation in Providence in the State of Rhode Island, income and principal to be used for the following purpose: (e.g., to support an athletic team or to support financial aid).

A general bequest to be added to general endowment:

I give (a specific asset) or (___ percent of the rest, residue, and remainder of my estate) to Providence College, a nonprofit corporation in Providence in the State of Rhode Island, to be added to its general endowment and to be expended income only in its discretion for its general uses and purposes.

To establish an endowed fund:

I give (____ dollars), or (____ percent of the rest, residue, and remainder of my estate) to Providence College, a nonprofit corporation in Providence in the State of Rhode Island, to be used for the following purpose: to endow the [X] Fund, to be administered according to that certain gift agreement as executed by and between me and Providence College.

 

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