Bequest Language
Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, known as a bequest, can guarantee that your legacy endures. Your gift may be a specific dollar amount, a percentage of your estate or the remainder after all other provisions are specified.
Our federal tax ID number is: 48-0547734
Below is suggested language to use when drafting your bequest.
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Free ResourceSample Language
For an unrestricted gift that allows KU Endowment to determine how to use the funds based on the most pressing needs, use the following language for your will and/or trust:
“I give to The Kansas University Endowment Association, a nonprofit corporation currently located at PO Box 928, Lawrence, KS 66044-0928, or its successor thereto, _________ [written amount or percentage of the estate or description of property] for its unrestricted charitable use and purpose.”
To designate your provision for a particular purpose:
“I, [name], of [city, state, ZIP], give, devise and bequeath to the Kansas University Endowment Association [specific amount, percentage or residual of the estate, or description of specific property].” You may define the uses of your bequest generally or specifically. For example, you can add: “KU Endowment shall use this gift …” and complete the sentence in general terms, such as:
“… according to the terms in the Fund Administration Agreement I have executed with KU Endowment.”
“… where the need is greatest.”
“… to provide scholarships to worthy and needy students.”
“… for the [school or program of your choice].”
“… for research in [academic area of your choice].”
If you have named KU Endowment in your will or trust, please let us know so we can ensure that your gift is used according to your wishes. Notifying us of your plans will enable us to plan for the use of your future gift. However, if you prefer to remain anonymous, we will keep your name and gift in strict confidence.
Please contact the KU Endowment Gift Planning staff at 785-832-7339 or giftplanning@kuendowment.org for more information.