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Language for Bequests to Mines The following language may be useful to you and your attorney as you review ways
in which you can best include Mines in your will or revocable trust.
You should always
seek the advice of a qualified professional when planning the disposition of your estate.
For a specific amount. "I bequeath to the Colorado School of Mines
Foundation, Incorporated, of Golden, Colorado, the sum of _______ dollars ($_____) for its
general purposes."
For a specific piece of property. "I bequeath to the Colorado School of
Mines Foundation, Incorporated, of Golden, Colorado, my _________ (art collection,
etc.)." (Note: Bequests of real property require special handling. Please
contact the Office of Institutional Advancement for assistance.)
For a percentage of your estate. "I bequeath to the Colorado School of
Mines Foundation, Incorporated, of Golden, Colorado, ___% of my adjusted gross estate as
finally determined for federal estate tax purposes."
For your residuary estate. "I devise and bequeath the residue of the
property owned by me at my death, real and personal and wherever situate, to the Colorado
School of Mines Foundation, Incorporated, of Golden, Colorado."
For a specific purpose. "I bequeath to the Colorado School of Mines
Foundation, Incorporated, of Golden, Colorado, the sum of _______ dollars ($________) to
be used for _________________." (Please contact the Office of Institutional
Advancement to discuss the program or other designation that best matches your area of
interest. We will supply precise language to convey your intention.)
To establish an endowment. "I bequeath to the Colorado School of Mines
Foundation, Incorporated, of Golden, Colorado, the sum of _______ dollars ($________) to
be used to establish the _____________ Endowment Fund, the earnings from which shall be
used for _____________." (A minimum gift of $25,000 is required to establish a named
endowment fund. Lesser amounts may be added to existing endowment funds.)
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