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CSUSM's Bequest Language

An excellent way for you to support CSUSM's mission is to leave us a bequest in your will, living trust or with a codicil. One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.

Types of Bequests

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

Specific Bequest. A specific bequest is a gift of a specific asset, such as a specific piece of real estate or jewelry, or a specific dollar amount. For example, you may wish to leave your home or $10,000 to CSUSM.

Percentage Bequest. A percentage bequest is a gift of a specific percentage of your overall estate. For example, you may wish to leave 10% of your estate to CSUSM.

Residual Bequest. A residual bequest is a gift from the balance of an estate after the specific bequests have been made. For example, you may wish to leave 30% of the residue of your estate to CSUSM.

Contingent Bequest. A contingent bequest is only fulfilled when certain conditions have been met. For example, you may wish to leave specific assets to a relative, but if the relative is not living at the time of your death, the assets would go to CSUSM.

Bequest Benefits

A bequest is generally a revocable gift, which means it can be changed at any time, and you can direct how your bequest should be used. 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

To make a bequest, you should speak with your attorney. We have provided some basic bequest language to assist you.

1. Specific Bequest

I give [specific dollar amount or assets] to the CSUSM Foundation (federal tax ID 80-0390564) for its general use and purpose.

2. Percentage Bequest

I give _____% to the CSUSM Foundation (federal tax ID 80-0390564, for its general use and purpose.

3. Residual Bequest

I give _____% of the rest and residue of my estate to the CSUSM Foundation (federal tax ID 80-0390564) for its general use and purpose. 4. Contingent Bequest

Restricted Bequests

If you would like your bequest to be used for a specific purpose, please contact us. We would be happy to work with you and your attorney to craft language to accomplish your goals.

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

If, in the judgment of CSUSM, it becomes impracticable or impossible for CSUSM to use this bequest as I have described, the CSUSM President may direct the use of my bequest, keeping as close to my intent as possible.

Contact Us

Please contact us if you have any questions or need additional information.

If you have already included CSUSM in your estate plan, please let us know. We can review your gift language to ensure that the University can implement your wishes. We would also like to thank and recognize you for your generosity.