Text Resize

Claremont McKenna College's Bequest Language

An excellent way for you to support Claremont McKenna College'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 Claremont McKenna College.

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 Claremont McKenna College.

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 Claremont McKenna College.

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 Claremont McKenna College.

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 Claremont McKenna College.

How You Benefit

  • Revocability: Bequests are revocable and may be changed at any time
  • Reduced Estate Taxes: Bequests are exempt from federal and reduce your taxable estate
  • Designated Purpose: You may designate that a bequests be used for a specific purpose
  • Financial Security: You retain full control of your assets during your life

Suggested Bequest Language


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

Unrestricted Bequest


I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, _____% of my estate (or the sum of $__________) (or property herein described) to be used for general educational purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College.

In Accordance With a Signed Gift Agreement


I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, _______% of my estate (or the sum of $__________) (or property description) to be used in accordance with a signed, binding gift agreement on file with Claremont McKenna College.

Using a Gift Agreement provides donors with the flexibility to make changes to how their bequest will be used by CMC without the necessity of modifying their will, living trust, or other estate document.

Unrestricted Memorial Fund


I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, _____% of my estate (or the sum of $__________) (or property herein described), to be known and designated as "The __________ Memorial Fund." The income therefrom shall be used for general educational purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College. The said Board of Trustees shall have the right to expend the whole or any part of the principal of said sum in the erection of a building or in connection with some definite project or purpose, provided there is thereby established a suitable memorial in the name of __________.

Restricted Memorial Fund


I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, ________% of my estate (or the sum of $__________) (or property description). The income therefrom shall be used...

(Option 1: in accordance with a signed agreement on file with Claremont McKenna College.

(Option 2: for (description of primary purpose, such as an endowed fund for student scholarships, a professorship, or maintenance of laboratory or other facility or other specific purpose.))

or alternatively

If it is found that all or part of the income from this fund is no longer needed for the purpose stated, then such gift may be used for such other purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College, giving consideration to my special interest as evidenced by the purpose described above. This gift shall be known as "The ____________ Memorial Fund."

Unrestricted Residual Bequest


I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, the rest and residue of my estate, to be used for general educational purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College.

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 Claremont McKenna College flexibility should it no longer be possible for our Claremont McKenna College to use your gift as you originally intended:

If, in the judgment of the Board of Directors of Claremont McKenna College, it shall become impossible for Claremont McKenna College to use this bequest to accomplish the specific purposes of this bequest, Claremont McKenna College 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 Claremont McKenna College 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 Claremont McKenna College in your estate plan, please contact us to let us know. We would like to thank you and recognize you for your gift.

scriptsknown