Sample Bequest Language

I give, devise, and bequeath to Towson University Foundation, Inc., a Maryland nonstock corporation having EIN 52-0939453 or its successor-in-interest, (the sum of $______) (the following asset) (___ percent of my adjusted gross estate) or (the rest, residue, and remainder of my estate). This gift shall be used for (state purpose) if and for so long as the Board of Directors of the Foundation determines that the need exists. If the Board of Directors of the Foundation shall determine at the outset or at a later time that the need does not exist, or no longer exists, or for some reason it is not possible (or prudent) for the bequest to be used as originally intended, the Board of Directors may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above.

It is strongly advised that the donor and/or the donorís advisor discuss restrictions with a representative of the gift planning office before the will or trust is finalized to assure the donorís wishes can be carried out. For restricted gifts establishing named endowments, many donors complete a Gift Instrument.

Exact Legal Name: Towson University Foundation, Inc.

Address of Principal Office: Development Office, Towson University Foundation, 8000 York Road, Towson, Maryland 21252-0001

State of Incorporation: Maryland

Tax Identification No: 52-0939453

Contact Person: Ann Kolakowski, Director of Major and Planned Gifts Telephone: 410-704-3899 (Direct Line), 1-866-301-3375 (Toll-Free), 410-704-4740 (Facsimile)

The information on this Web site is not intended as legal, tax or investment advice. Please consult an attorney, tax professional or investment professional for such advice.

Office of Development
8000 York Road
Towson, MD 21252-0001

Phone 410-704-3375
Toll free 1-866-301-3375
Contact the Development Office Staff



University Police

Closings & News
410-704-NEWS (6397)

Text Alerts
Sign up now