A charitable bequest is the most common form of leaving one’s lasting legacy to Franklin College. A charitable bequest is a simple provision in one’s will or living trust. A bequest can also be made by simply adding a codicil or amendment to an existing will or trust. Here are some examples of bequest language to consider:

For unrestricted bequests:

1. 1) I hereby give, devise and bequeath to Franklin College, Franklin, Indiana 46131, (Tax ID #: 35-0868086), _______________ percent (_______%) of my residuary estate as an unrestricted contribution.
   
                                                                                                                           OR
    
2. 2) I hereby give, devise and bequeath to Franklin College, Franklin, Indiana 46131, (Tax ID #: 35-0868086), the sum of ______________________ dollars ($__________) as an unrestricted contribution.
                                                                                                                           
                                                                                                                           OR
    
3. 3) I hereby give, devise and bequeath to Franklin College, Franklin, Indiana 46131, (Tax ID #: 35-0868086), as an unrestricted contribution, the following property described as (insert description of particular item of property).

You may make a residual bequest of assets remaining after all other specific bequests have been satisfied as follows:

The rest, remainder and residue of my estate, or ___________% (or fractional interest) of the rest, remainder and residue of my estate to Franklin College, Franklin, Indiana 46131, (Tax ID #: 35-0868086).

You may make a contingent bequest (to take effect only if those named as primary beneficiaries predecease you) as follows:

If any or all of the above names beneficiaries do not survive me, then I hereby give the share that otherwise would be (his/hers/theirs) to Franklin College, Franklin, Indiana 46131, (Tax ID #: 35-0868086).

For bequests designated for a specific project, program or use:

It is my desire and instruction that this bequest to Franklin College, Franklin, Indiana 46131, (Tax ID #: 35-0868086), be used for the following purposes:

(fill in specific project, program or use here)

If the foregoing stated purpose or use of my gift is deemed impossible, impractical or incapable of fulfillment in the opinion of Franklin College, then I authorize Franklin College to use my gift in a fashion that most closely approximates my charitable intent.

Provisions in one’s will or trust can also be structured in such a way as to utilize and fund additional life income gifts or deferred gift arrangements.

NOTE: Franklin College recommends a minimum funding amount for specific, named endowments (ex., $50,000 is required for a named scholarship endowment). Please contact the Office of Institutional Advancement for more information.