A bequest-a gift in your will- is a simple and convenient way to create a legacy. Your bequest can be a specific dollar amount or a percentage of your estate.
Unrestricted bequests give The New School the most flexibility, allowing fund to be allocated wherever the need is greatest. It also takes into consideration possible changes in programs that may necessitate a use that cannot be anticipated at the time of the gift.
Restricted bequests allow you to designate your support to a special program or purpose that reflects your interests. Finally, because this is an important legal document, you should seek an attorney’s advice on executing one.
Suggested bequest wording:
Percentage of estate for unrestricted purposes “I give to The New School of Lancaster , a not-for-profit-organization located in Lancaster Penn., ________ percent (%) of the remainder of my estate for its general charitable purposes.”
Specific amount for unrestricted purposes “I give to The New School of Lancaster , a not-for-profit-organization located in Lancaster, Penn., the sum of $__________________ in cash or ________ shares of ____________________ stock to be used for its general charitable purposes.”
Please contact the Development Office at The New School of Lancaster to discuss the suggested bequest wording for restricted purposes to ensure that your wishes will be followed properly.
If you have any questions or concerns, we would be happy to assist you or your accountant. Contact Robyn Stearne, Head of School, for assistance: 717-397-7655 or email firstname.lastname@example.org