Sample Bequest Language

UNRESTRICTED BEQUEST

"I give and bequeath to Wills Eye Foundation, Philadelphia, Pennsylvania, (the sum of $_____) or (%_____ of the residue and remainder of my estate) or (property described herein) to be used for general purposes, as determined by the Board of Trustees."

RESTRICTED BEQUEST

"I give and bequeath to Wills Eye Foundation, Philadelphia, Pennsylvania, (the sum of $_____ or (%_____ of the residue and remainder of my estate) or (property described herein) to be used for
[Please contact the Development Office to discuss areas you are interested in supporting or to find out where the need is greatest]. If Wills Eye determines that these funds would be better served for its general purposes, the principal and income may be used for such purposes."

ENDOWMENT BEQUEST

"I give and bequeath to Wills Eye Foundation, Philadelphia, Pennsylvania, (the sum of $_____(a minimum of $100,000 is suggested) or (%_____ of the residue and remainder of my estate) or (property described herein) to establish the [Named Fund], the principal to be invested and the income to be used for its general purposes. If Wills Eye determines that its purposes would be better served by using the principal, as well as the income, the principal may be used for such purposes."

CONTINGENCY BEQUEST

"In the event that the aforementioned heirs shall predecease me or be unable to or do not accept the bequests indicated, I give and bequeath the remainder of my estate to Wills Eye Foundation, Philadelphia, Pennsylvania, to be used for [insert general purposes or named purpose here]."

TESTAMENTARY TRUST

Your will can establish a testamentary charitable trust. At the time of your death, specified assets are placed into a trust and provide income payments to one or more of your designated beneficiaries. Upon the death of the surviving beneficiary, the principal passes to Wills Eye Foundation.