Bequest Language

Printable Bequest Language

Percentage of estate for unrestricted purposes
"I give to The Bishop Museum of Science and Nature (EIN #59-0598726), a nonprofit organization located at 201 10th St. West, Bradenton, FL 34205, _____ percent (%) of my estate for its general charitable purposes.”

Specific amount for unrestricted purposes
"I give to The Bishop Museum of Science and Nature (EIN #59-0598726), a nonprofit organization located at 201 10th St. West, Bradenton, FL 34205, the sum of $_________ in cash (or ________ shares of ______________ stock) to be used for its general charitable purposes."

Specific amount for specific purposes
"I give to The Bishop Museum of Science and Nature (EIN #59-0598726), a nonprofit organization located at 201 10th St. West, Bradenton, FL 34205, the sum of $________ in cash or in-kind (or ________ shares of ___________ stock) to be used for ______________________________________ at The Bishop Museum of Science and Nature. If changed circumstances should at some future time make it impractical to continue administering the gift for the purpose designated, then The Bishop Museum of Science and Nature board of trustees may redesignate the purpose—provided the terms adhere as closely as possible to my original intent."

Designating the purpose of a bequest
Unrestricted: The most useful type of bequest is unrestricted, allowing the funds to be allocated wherever the need is greatest and taking into account that changes may necessitate a use that cannot be anticipated at the time of the gift.

Restricted: You may designate your bequest to support a special program or purpose that reflects your interests. If the bequest is restricted to a specific purpose, it is important that the following wording be added at the end of the provision. This will ensure that, in the remote possibility a specified purpose may cease to need funds in the future, an alternate use for the bequest may be determined.

“If changed circumstances should at some future time make it impractical to continue administering the gift for the purpose designated, then The Bishop Museum of Science and Nature board of trustees may redesignate the purpose—provided the terms adhere as closely as possible to my original intent."