Examples of the Impact of a Bequest:
For the Classical Music Lover:
- Jane designates 10% of her estate to the Performing Arts Endowment at Stephens Auditorium. If this gift equals $20,000, the earnings from the endowment can fund two Master Classes each year. When a visiting orchestra member or dancer interacts with young students, they’ll learn so much and be inspired anew in their studies.
For the Educator:
- Francis notifies his attorney during his annual estate plan review to direct the proceeds of his $100,000 life insurance policy to the Performing Arts Endowment. With the earnings from this gift, over 200 ISU students can receive a free ticket to one Performing Arts Series event very year, into perpetuity.
Explore Legacy Gifts:
Sample Bequest Language
I give, devise and bequeath to the Iowa State University Foundation, a not-for-profit corporation existing under the laws of the State of Iowa and located at Ames, Iowa, ______ (percent of my estate, dollars, property, securities, etc.) to be used for ______ (however you wish for your gift to be used) at Iowa State University.