Some clients come to you with their charitable plans well-formed. Others will be seeking guidance from you. Our Gift Planning staff will work with you to help provide your clients with the outcomes they wish to see. We will collaborate with you respectfully and collegially.
Often, your clients will ask for our Federal tax ID and/or for sample language to be included in their wills. We're pleased to include that information here.
Sample bequest language:
For an Unrestricted Gift:
"I give (a specific asset) or ($__ dollars) or (__ percent of the rest, residue, and remainder of my estate) to Oberlin College, Oberlin, Ohio, to be used for its general purposes."
For a Specific Use Gift:
"I give (a specific asset) or ($__ dollars) or (__ percent of the rest, residue, and remainder of my estate) to Oberlin College, Oberlin, Ohio, to be used for the following purpose: (state the purpose, e.g., 'to establish the John and Jane Doe 'scholarship fund'.) If in the judgment of The Trustees of Oberlin College, it becomes impossible to accomplish the purpose of this gift, the income or principal may be used for such related purposes and in such manner as determined by its Board of Trustees."
Oberlin College has provided a top-quality education to men and women for nearly 200 years, and we have over 40,000 alumni located around the world. Our endowment is one of the largest in Ohio and has produced strong returns over the past decade.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.