A gift can be made by will, by trust or by using other estate-planning tools. Known as a bequest, these charitable acts can fund the highest-priority needs, as determined by the Charles Drew University faculty. Or, the donation can support an endowed faculty chair, a student scholarship or another specific program. Contributions can be made in your name, or in someone else’s, if you plan to honor a loved one. It’s your choice.
Language for Including Charles Drew University in Your Will or Living Trust
The following language is suggested for making a gift to Charles Drew University by will or by trust:
“I hereby give to the Charles R. Drew University of Medicine and Science, a California not-for-profit corporation, with its principal place of business in Los Angeles, California:
- The sum of $________________ [amount] AND/OR
- The following described property: ________________ [description] AND/OR
- ________% [percent] of the residue of my estate.”
If the gift exceeds $250,000, you may wish to create a named endowment fund by including the following language:
“The property comprising this gift may, for investment purposes, be merged with any of the university’s investment assets. However, the gift shall be entered in the university's books and records as the ________________ [name] Fund, shall always be so designated, and the income therefrom, but not the principal, shall be used for ________________ [stated purpose] of the Charles Drew University.”
For more information, please contact the Development Department at 323.563.4992. |
Alumni Association
