Make Lehigh University a part of your personal legacy with a charitable gift from your estate.
When making a charitable gift to a nonprofit organization, it is vital that the charity's legal name, address and other identifying details be used. To name Lehigh University in your will or trust, please use the following suggested language:
A general bequest
“I give (a specific asset) or (_____% of the rest, residue and remainder of my estate) to Lehigh University, in Bethlehem, PA, for its general use and purposes.”
A bequest for a specific purpose
“I give ($_________) or (a specific asset) or (_____% of the rest, residue and remainder of my estate) to Lehigh University, in Bethlehem, PA, to be used for the following purpose: (for example, to establish a scholarship fund or support an academic program).”
Statement of restrictions
If you wish to restrict your bequest provision in order to establish a fund for a specific purpose—such as an endowed scholarship fund—we ask that you include the following in your provision language:
“This fund is to establish an endowment fund to be known as (name of fund), the income from which to be used for (state purpose). In the event that the Board of Trustees of the University determines, in its sole discretion, that conditions render impractical or undesirable the use to which the income from the Fund is then devoted, such Board of Trustees may devote the income to such other purposes as in their judgment will perpetuate the desires of the Donor and will further the educational effectiveness of the University.”
© Planned Giving Marketing. This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.