Search Google Appliance

Text Resize

Bequest Language

BEQUESTS TO PORTLAND STATE UNIVERSITY


Sample Bequest Language


"I hereby give to the Board of Directors of the Portland State University Foundation (Federal Tax ID 93-0619733) located at 2125 Southwest Fourth Avenue, Suite 510, Portland, OR 97201, the sum of $____________(or describe the property to be given such as real estate, stock or jewelry) for the benefit of Portland State University."

Gift Designation


Additional wording may be included which gives more specific instructions as to how your bequest is to be used by Portland State. For example, you may specify that your bequest be used for student financial aid, faculty research, a specific College or School, or another particular program, activity, or project. You may also specify that your gift is to establish (or to supplement) an endowment that will be used to provide perpetual support. If you are interested in establishing an endowment, please contact the Office of Planned Giving at 503-725-5038 or plannedgiving@pdx.edu.

Kinds of Bequests


A specific bequest is the simplest way to make a legacy gift. It designates a fixed dollar amount or specific property to a beneficiary. This type of bequest is appropriate when you have an item of value (stocks, bond, real estate, and works of art) or a definite dollar amount you wish to leave.

Residual or proportional bequests designate either your entire estate or a percentage of your estate AFTER other specific bequests are distributed. The advantage of designating a proportion of your estate to the PSU Foundation is that the bequest automatically adjusts in size as your estate increases or decreases over the years.

Contingent bequests are carried out only if circumstances make it impossible to carry out a primary bequest. For example, if all other primary beneficiaries are deceased, a contingent beneficiary will receive the bequest. The PSU Foundation is often named as a contingent beneficiary in the wills and trusts of young friends of Portland State University.

For more information, please contact:

University Advancement
Portland State University
503-725-5038
plannedgiving@pdx.edu

scriptsknown