The following language may aid you and your attorney in preparing your bequest to the Texas A&M Foundation for the benefit of Texas A&M University:
I give, devise and bequeath (specific asset; dollar amount; % of estate; etc.) to the Texas A&M Foundation, a nonprofit corporation organized in accordance with the laws of the State of Texas for the purpose of supporting Texas A&M University, an educational institution, located at College Station, Texas. The property comprising this gift may be merged, for investment purposes, with any of the general investment assets of the Texas A&M Foundation. The distributions from the gift shall be:
a) unrestricted, unless directed by a separate gift agreement.; or
b) used to ... (after consulting with the Foundation, include specific gift-use preference(s) here, and include the following sentence to ensure your gift remains useful in the future.)
The gift shall be entered in the Foundation’s books and records as the (desired name of fund) Fund, and shall always be so designated. If, in the judgment of the Foundation Board of Trustees, changed circumstances should, at some future time, render the designated use of this fund impracticable, unwise or inappropriate, then the Board shall use the fund to further the objectives and purposes of Texas A&M University, giving consideration to my special interest as evidenced by the purpose described above.
Insurance and Retirement Accounts
Texas A&M Foundation
401 George Bush Drive
College Station, TX 77840
1-800-392-3310 or 979-845-8161
Tax ID# 74-2245072
If you direct a gift to the Texas A&M Foundation via beneficiary designation, and you wish to direct a particular use for the funds, then we will be happy to draft a separate gift agreement that includes your specific instructions.
If you name the Texas A&M Foundation as a devisee, legatee, or beneficiary, please let us know of your plans. Doing so will enable us not only to show our appreciation for your generosity, but also to include your support in planning for the future of Texas A&M.