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Bellarmine University's Bequest Language

An excellent way for you to support Bellarmine University's mission is to leave us a bequest in your will, living trust or with a codicil. If you plan to set up an endowed, or perpetual scholarship in your family's name or in that of a loved one or friend, be sure the language in your will specifies this is for Bellarmine's endowment. For specific information on establishing an endowed scholarship, please contact us.

Types of Bequests


There are a number of ways you can make a bequest to Bellarmine University.

Specific Bequest. You can leave a dollar amount or an asset to Bellarmine. Assets can include your home or vacation home, a car, art, jewelry, or other real estate.

Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to a non-profit. For example, you may wish to leave 10% of your estate to Bellarmine University.

Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to a non-profit. For example, you may wish to leave 30% of the residue of your estate to Bellarmine University.

Contingent Bequest. A contingent bequest is made to a non-profit only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to Bellarmine University.

Bequest Benefits


A bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.

Bequest Language


In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Bellarmine University in your estate plan. We have provided some basic bequest language to assist you and your attorney.

1. Specific Bequest

If you are considering making an outright bequest to Bellarmine University, we recommend the following language:

Bequest of a Specific Dollar Amount

I hereby give, devise and bequeath _________ dollars to Bellarmine University, located in Louisville, KY.

Bequest of Specific Personal Property

I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Bellarmine University, located in Louisville, KY.

Bequest of Specific Real Estate

I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Bellarmine University, located in Louisville, KY.

2. Percentage Bequest

If you are considering making a bequest of a percentage of your estate to Bellarmine University, we recommend the following language:

I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Bellarmine University, located in Louisville, KY.

3. Residual Bequest

I hereby give, devise and bequeath to Bellarmine University, located in Louisville, KY, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Bellarmine University's general use and purpose.

4. Contingent Bequest

If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Bellarmine University, located in Louisville, KY, DESCRIPTION OF PROPERTY to be used for Bellarmine University's general use and purpose.

Restricted Bequests


If you are considering a bequest but would like to ensure that your bequest will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.

If you are making a restricted bequest, such as an endowed gift, we recommend that your attorney include the following provision to give Bellarmine University flexibility should it no longer be possible for our Bellarmine University to use your gift as you originally intended:

If, in the judgment of the Bellarmine University Board of Trustees, it shall become impossible for the University to use this bequest to accomplish the specific purposes designated, Bellarmine University may use the income and principal of this gift for such purpose or purposes as the University determines is most closely related to the restricted purpose of my bequest.

Contact us


Please contact us if you have any questions about how to make a bequest to Bellarmine University or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.

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