Our students say... |
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"Taking classes in Brenau' Evening and Weekend unit, and earning a college degree, has helped me make my dreams come true." |
| Camille Romero EWC'07 |
How to
find us |
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Location:
305 Boulevard
(corner lot)
Phone:
770.534.6174 |
Mailing address:
500 Washington St. S.E.
Gainesville, Georgia 30511 - USA
FAX: 770.538.4300 |
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| SAMPLE LANGUAGE FOR BEQUESTS |
Over the years the major support that has
come to the university largely has come in the form of bequests and other
planned estate commitments. As you work with your attorney to prepare your
Will or other estate plans, following is some sample bequest language.
There are several areas where a bequest may positively impact Brenau
University. Please contact us at 770.534.6161 so that we may discuss them
with you. |
For further information on all planned
gifts, please personally contact or have your professional representative
contact Jim Barco, Vice President for Institutional Advancement at
770.534.6161 or jbarco@brenau.edu. |
| Unrestricted Bequests |
Bequests Restricted for Endowment |
| “I give and
bequeath to Brenau University, a Georgia corporation, located in
Gainesville, Georgia, the sum of $_______. This gift shall be used to
strengthen and enhance the educational mission of Brenau University in
such a manner as the Board of Trustees of Brenau University may direct.”
Substitute language that you may choose to
replace “the sum of $_______ ,” may include one of the following:
-- “_______ % of my adjusted gross Estate”
-- “All of the rest, residue and remainder
of my Estate”
-- “_______ % of my residuary Estate” |
“I give and bequeath to Brenau University a
Georgia corporation, located in Gainesville, Georgia, the sum of $_______
to create an Endowed Fund to be named “_______________” which shall be
invested as the Board of Trustees of the university may deem best and in
keeping with its general endowment policies. Distribution from the Endowed
Fund shall be made each year in accordance with the spending policies of
the Board and shall be used for scholarships (or faculty development, or
the study of a specific major, or another broad priority) at Brenau
University. The Endowed Fund for purposes of investment, may be co-mingled
with other funds of Brenau University, but the Endowed Fund shall be
separately accounted for.”
Again, you may wish to substitute the
phrase “The sum of $_______ ” with one of the above suggested substitute
phrases. |
| Codicil to Last Will and Testament |
Savings Clause |
| If your attorney has your Estate planning
documents up to date, you can simply draft a short Codicil or an amendment
to the existing documents using the following or similar language: “I,
(your name), hereby amend my last Will and Testament, executed on the
(date of establishment). I direct that all provisions of that Will remain
in effect but in addition direct that Brenau University, a Georgia
corporation located in Gainesville, Georgia, shall receive the sum of
$_______ to be used to strengthen and enhance the educational mission of
the university in such a manner as the Board of Trustees of the university
may direct.” |
We recommend that
any restrictions on gifts be stated in broad and flexible terms since
Brenau’s specific needs may change over time. If your bequest is
restricted for a particular purpose, we ask that you incorporate a
“savings clause,” which might read as follows: “If at the time of this
bequest is received by Brenau University or any time thereafter, the Board
of Trustees of the university determine that all or any part of the
bequest can no longer be utilized to the best advantage for the
institutional purposes designated herein, then all or any part of the
bequest may be used for such other institutional purpose which, in the
sole discretion of the Board of Trustees, shall most closely carry out my
intention.” Development staff can assist you with this and other language
provisions so that your wishes are always followed. |
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