How to Give Advisor Guide for Planned Giving

Planned Giving Guide

Bequest Language Templates

The following is intended to help you and your attorney in drafting a bequest that satisfies your interests. As you consult your attorney on the selection of appropriate wording to reflect your own goals and intentions regarding the College, be sure our organization’s correct legal name appears in all final documents as:

Unrestricted Gift (General Purposes)

"I give, devise, and bequeath to the Trustees of the College of the Holy Cross, One College Street, Worcester, MA 01610, a Massachusetts nonprofit corporation or its successor, Federal Tax Identification Number 04-2103558 (“Holy Cross”), [insert specific dollar amount OR percentage of estate] to be used at the discretion of Holy Cross for its general and educational purposes."

Restricted Gift (Specific Purpose)

"I give, devise, and bequeath to the Trustees of the College of the Holy Cross, One College Street, Worcester, MA 01610, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number 04-2103558 (“Holy Cross”) [insert amount/percentage] to be used for [state specific purpose, e.g., student financial aid, educational program support, faculty support, athletics]. In the event that at some future time due to changed circumstances, in the judgment of Holy Cross, it becomes impractical to apply my bequest to the designated purpose(s), Holy Cross shall make such modification as will appropriately recognize my interests in coordination with Holy Cross’s priorities."

Residuary Bequest

"I give, devise, and bequeath to the Trustees of the College of the Holy Cross, One College Street, Worcester, MA 01610, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number 04-2103558 (“Holy Cross”), all [or ___%] of the rest, residue and remainder of my estate to be used at the discretion of the College for its general and educational purposes."

Contingent Bequest

"If [name of primary beneficiary] does not survive me, or shall die during the administration of my estate, or as a result of a common disaster, I give, devise, and bequeath to the Trustees of the College of the Holy Cross, One College Street, Worcester, MA 01610, a Massachusetts nonprofit corporation, or its successor, Federal Tax Identification Number 04-2103558 (“Holy Cross”), [insert amount, percentage, or asset description] to be used at the discretion of Holy Cross for its general and educational purposes."

Specific Asset Bequest

"I give, devise, and bequeath to the Trustees of the College of the Holy Cross, One College Street, Worcester, MA 01610, a Massachusetts 501(c)3 tax-exempt, charitable organization, or its successor, Federal Tax Identification Number 04-2103558 (“Holy Cross”), [insert detailed description of the property or assets] to be used [at the discretion of Holy Cross for its general and educational purposes] [or] [for [state specific purpose]]. In the event that at some future time due to changed circumstances, in the judgment of Holy Cross, it becomes impractical to apply my bequest to the designated purpose(s), Holy Cross shall make such modification as will appropriately recognize my interests in coordination with Holy Cross’s priorities."

Gifts of Appreciated Securities

Holy Cross’s Broker: Pershing, LLC
DTC: 0443
Account number: N7M002176
Tax ID Number: 04-2103558

Note To Professional Advisors:

We welcome the opportunity to assist as you incorporate your clients' philanthropic objectives. If you have any questions, please call Julie Karavan MS, CFRE at 508-793-3481, email giftplanning@holycross.edu, or Schedule a Call.