Bequest Language

Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, known as a bequest, can guarantee that your legacy endures. Your gift may be a specific dollar amount, a percentage of your estate, or the remainder after all other provisions are specified.

Our federal tax ID number is: 42-0796760

Below is suggested language to use when drafting your bequest.

Suggested Language for a Bequest in a Will or Trust

I give to the State University of Iowa Foundation, an Iowa nonprofit corporation of Iowa City, Iowa,

(Choose one of the following:)

1. the sum of $ ______________
2. all of my interest in the following described property: ____________
3. ____ percent (or all) of the residue of my estate, (Choose one of the following:)
   1. to be used for the benefit of __________________. (name of college, department, or program)
   2. to be used for the purpose of __________________. (for example: student financial aid, research, faculty development, other purpose)
   3. to be used in accordance with the terms of a signed Statement of Gift Intent, as then in existence at the time of my death.
   4. to be used as the board of directors of the Foundation shall determine.

If you have named the University of Iowa in your will or trust, please let us know so we can ensure that your gift is used according to your wishes. Notifying us of your plans will enable us to plan for the use of your future gift. However, if you prefer to remain anonymous, we will keep your name and gift in strict confidence.

Please contact Susan Hagan, JD at 319-335-3305 or susan.hagan@foriowa.org for more information.