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Gift Planning

Planned Giving

Find out what types of assets make the best planned gifts. Learn about gifts of cash, securities and property.

Gift Planning

Gift planning, also referred to as planned giving or legacy giving, describes an array of methods that can be used to commit to making a gift that will be paid to a non-profit organization at a future date, in some cases from the donor's estate upon their passing. Often these options allow a person or couple to make a more significant gift than they would be able to with their ordinary income. These giving vehicles can align with estate and tax planning guidance, often providing the donor or donors a means to benefit both their heirs and the not-for-profit organization, while reducing the impact on the donor's estate, the sale of a business, or other events with significant tax consequences.


Your charitable gift to ESU will provide vital support for our students and our institution and will influence the well-being of our graduates and the communities they serve far into the future. In addition, you can enjoy immediate or deferred tax benefits for you and your family.

Emporia State University Foundation's Bequest Language

An excellent way for you to support Emporia State University Foundation'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 Emporia State University Foundation.

Specific Bequest. A specific bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Emporia State University Foundation.

Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Emporia State University Foundation.

Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Emporia State University Foundation.

Contingent Bequest. A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the bequest language could provide that if the relative is not alive at the time of your death, the vacation home will go to Emporia State University Foundation.

Bequest Benefits


A bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. 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


In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Emporia State University Foundation in your estate plan. We have provided some basic bequest language to assist you and your attorney.

1. Specific Bequest

If you are considering making an outright bequest to Emporia State University Foundation, we recommend the following language:

Bequest of a Specific Dollar Amount

I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Emporia State University Foundation, a nonprofit organization located at 1500 Highland Street, Emporia, KS, 66801-5087, Federal Tax ID #48-6088461, for Emporia State University Foundation's general use and purpose.

Bequest of Specific Personal Property

I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Emporia State University Foundation, a nonprofit organization located at 1500 Highland Street, Emporia, KS, 66801-5087, Federal Tax ID #48-6088461, for Emporia State University Foundation's general use and purpose.

Bequest of Specific Real Estate

I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Emporia State University Foundation, a nonprofit organization located at 1500 Highland Street, Emporia, KS, 66801-5087, Federal Tax ID #48-6088461, for Emporia State University Foundation's general use and purpose.

2. Percentage Bequest

If you are considering making a bequest of a percentage of your estate to Emporia State University Foundation, we recommend the following language:

I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Emporia State University Foundation, a nonprofit organization located at 1500 Highland Street, Emporia, KS, 66801-5087, Federal Tax ID #48-6088461, for Emporia State University Foundation's general use and purpose.

3. Residual Bequest

I hereby give, devise and bequeath to Emporia State University Foundation, a nonprofit organization located at 1500 Highland Street, Emporia, KS, 66801-5087, Federal Tax ID #48-6088461, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Emporia State University Foundation's general use and purpose.

4. Contingent Bequest

If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Emporia State University Foundation, a nonprofit organization located at 1500 Highland Street, Emporia, KS, 66801-5087, Federal Tax ID #48-6088461, DESCRIPTION OF PROPERTY to be used for Emporia State University Foundation's general use and purpose.

Restricted Bequests


If you are considering a bequest but would like to ensure that your bequest will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.

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

If, in the judgment of the Board of Directors of Emporia State University Foundation, it shall become impossible for Emporia State University Foundation to use this bequest to accomplish the specific purposes of this bequest, Emporia State University Foundation may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.

Contact Us


Please contact us if you have any questions about how to make a bequest to Emporia State University Foundation or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.

If you have included a bequest for Emporia State University Foundation in your estate plan, please contact us to let us know. We would like to thank you and recognize you for your gift.

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