Plan a Gift to Benefit You, Your Loved Ones and SRU
We understand that during this unprecedented time, it’s important to protect what matters most to you and have a plan in place. We hope you will join those who have included Slippery Rock University in their will or trust. A gift in your will pretexts your family, and at the same time provides that out mission continues in the future.
For many friends and alumni of Slippery Rock University, the easiest way to make a gift to the University is in the form of a bequest. A bequest gift, which is designated in a will or another estate-planning document, is often the largest donation an individual can make to an institution like SRU. It is by far the most commonly used type of planned gift arrangement. Giving by bequest costs nothing now, yet it may give you a great deal of satisfaction to know that your future gift will live on. You can create your own legacy by leaving a specific asset, a specific amount, or a percentage of the remainder of your estate, after taking care of any family obligations. The lasting impact of bequests—both large and small—has played a very large role in helping to shape Slippery Rock today.
There are a variety of ways to make a bequest. You and your attorney can decide which best suits your individual circumstances.
SRU receives a specific dollar amount or assets such as securities, real estate, or tangible personal property (for example, works of art or antiques).
SRU receives all or a percentage of the remainder of your estate after taking care of any family obligations.
This is the most tax-efficient way to make a bequest gift. You can name Slippery Rock as a beneficiary of all or a portion of your IRA or retirement plan.
Sample Bequest Language
Attorneys preparing wills and trusts containing provisions for Slippery Rock should keep in mind that the sole agent authorized to receive private gifts made to the university is the Slippery Rock University Foundation.
I give, devise, and bequeath to the Slippery Rock University Foundation the sum of ___ dollars / ___ percent of my estate, to be used (e.g., for its general purposes, to establish a named scholarship fund, for a specific school or program, or for a particular purpose decided upon in advance in consultation with a qualified foundation representative).
Bequest of Residuary Estate
All the rest, residue, and remainder of my estate, both real and personal property of whatever nature and wheresoever situated, which I may own or have the right to dispose of at the time of my death, I give, devise, and bequeath to the Slippery Rock University Foundation, to be used for ___.
Interested in learning more?
Connect with a Planned Giving Officer or call 724.738.2004