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Delta College Foundation

Bequest Language

The provision in your will for making a gift to the Delta College Foundation will depend upon the type of gift and your unique circumstances. We hope these sample statements will be helpful to your attorney.

Although it is possible to designate a specific purpose for your gift through your will, the needs of Delta College change from time to time. Therefore, if a specific purpose is stated, it is preferable to authorize the Board of Directors to use the gift for other purposes if the Board determines that the designated use is no longer appropriate.

Unrestricted General Legacy
I bequeath to the Delta College Foundation, University Center, Michigan, the sum of ___________ ($                ) dollars for its general purposes.

Gift for Specific Purpose
I bequeath to the Delta College Foundation, University Center, Michigan, the sum of ____________ ($                ) dollars to be added to its endowment, and the net income shall be used for scholarships. If, in the opinion of the College’s Board of Directors, the purposes of the College would be better served by using the income or principal, or both, for the College’s general purposes, the income or principal, or both, may so be used.

Specific Legacy
I bequeath my art collection consisting of paintings and sculptures to the Delta College Foundation, University Center, Michigan.

Gift of Residuary Estate
I devise and bequeath the residue of the property owned by me at my death, real and personal and wherever situate, to the Delta College Foundation, University Center, Michigan, for its general purposes.

Contingent Gift of Residuary Estate
I devise and bequeath the residue of the property owned by me at my death, real and personal and wherever situate, to my spouse, ___________ , if he/she survives me. If my spouse does not survive me, I devise and bequeath my residuary estate to the Delta College Foundation, University Center, Michigan, for its general purposes.

Amount of Gift Dependent on Size of Estate
I bequeath the sum of ____________ ($              ) dollars or ___% of my adjusted gross estate as finally determined for federal estate tax purposes, whichever is the lesser, to the Delta College Foundation, University Center, Michigan, for its general purposes.
 


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