Bequest Language
The following language may aid you and your attorney in preparing your bequest to the Texas A&M Foundation for the benefit of Texas A&M University.
I give, devise and bequeath to the Texas A&M Foundation, a nonprofit corporation organized in accordance with the laws of the State of Texas for the purpose of supporting Texas A&M University, an educational institution, located at College Station, Texas,
a) the sum of $______________ ;
b) the following described property _________ ;
c) ______% of the rest, residue and remainder of my estate.
The property comprising this gift may, for investment purposes, be merged with any of the general investment assets of the Texas A&M Foundation, but the gift shall be entered in the Foundation's books and records as the _________ Endowment/Scholarship/Professorship/Chair, and shall always be so designated. The distributions from the fund shall be used
a) to further the purposes of the Texas A&M Foundation in its support of Texas A&M University;
b) to provide scholarships for deserving students of Texas A&M University:
1) for academic achievement scholarships like Presidents Endowed Scholarships;
2) for financial need based scholarships like Endowed Opportunity Awards;
3) for underrepresented student scholarships like Foundation Excellence Awards;
4) for a general scholarship endowment;
c) to provide support for the College of ________________ at Texas A&M University;
d) to support a professorship in ________________ at Texas A&M University.
If you select a specific purpose for your gift, inclusion of the following sentence will ensure that the bequest remains useful through many decades.
If, in the judgment of the Foundation Board of Trustees, changed circumstances should, at some future time, render the designated use of this fund impracticable, unwise or inappropriate, then the Board shall use the fund to further the objectives and purposes of Texas A&M University, giving consideration to my special interest as evidenced by the purpose described above.
If you choose to name the Texas A&M Foundation as a beneficiary, please let us know of your plans. This will enable us not only to show our appreciation of your generosity, but also to include your support in planning for the future of Texas A&M.
