Making a Bequest to Augustana College
For many alumni and other friends, the decision to remember the college with the gift of a bequest is a natural extension of their affection for Augustana.
Bequests are commitments of a future contribution and can be made while drafting a will or formulating an estate plan at any time, regardless of the age of the donor.
We work with donors to blend their vision with the college's priorities to create a designation that is mutually satisfying and beneficial. The language used in a bequest is crucial to ensuring the achievement of donors' goals.
If you are interested in making a bequest to Augustana College, we recommend the following or similar language.
General support of the college
"I give __________ (state the specific property, a dollar amount, a percentage or the remainder) to Augustana College, located in Rock Island, Illinois, to further the objectives and purposes of the college."
Support of a specific program
"I give __________ (state the specific property, a dollar amount, a percentage or the remainder) to Augustana College, located in Rock Island, Illinois, unrestricted, with preference given to the purposes specified by me in a separate written agreement with Augustana College, as that agreement may be amended from time to time."
Adding the provision that your gift designation is separate from your will or living trust allows you the freedom to change your designation at some future date without having to change your will or living trust and incur additional legal fees.
Please let us know when you have named Augustana College in your will, so that we can take the opportunity to thank you. We encourage you to contact the Development Office and talk with one of our representatives, even if you wish that you and your gift remain anonymous. Augustana's professionals will work closely and confidentially with you and your advisers to create a gift plan that reflects your personal interests.
If you have questions, please contact:
Stephen M. Davis, Assistant Vice President of Legacy Planning
639 38th Street
Rock Island, IL 61201
(800) 798-8100 x7587