• Text Resize

    Case Western Reserve University's Bequest Language

    Ways To Give: Bequests

    Naming Case Western Reserve University as a beneficiary under a will or family trust is one of the most meaningful ways to make a gift. You may leave a bequest as a specific sum of money; a percentage of your estate; a gift of particular assets, such as shares of stock in a corporation; or a gift of the remainder of your estate after distribution to loved ones. If your estate plan is already written, you can add a codicil or simple trust amendment to update your intent.

    We hope you inform us of your bequest so we may recognize your philanthropy.

    Case Western Reserve University
    Office of Planned Giving
    2040 Adelbert Road, Suite 409
    Cleveland, OH 44106-7091

    Sample Bequest Language

    "I give to Case Western Reserve University, an Ohio educational and charitable corporation, in Cleveland Ohio ... [possible choices]

    A cash bequest of $_______;

    A stock bequest of _______ shares of common stock of ____________________ Corporation;

    A percentage (_______ %) of my estate;

    The residue of my estate.

    I request that this bequest be used by _________________ [Name of School, Department, or Library] for the following purpose:

    I designate that no federal estate tax or state death taxes be allocated to or paid from such bequest."

    Contingent Gift Language

    “If (insert name) is not living at the time of my demise, I give to Case Western Reserve University, an Ohio educational and charitable corporation, in Cleveland Ohio, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for support of a specific fund or program).”

    Retirement Plan Beneficiary Language

    You may name Case Western Reserve University (Tax ID # 34-1018992) as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult their tax advisor regarding the tax benefits of such gifts.

    Naming Case Western Reserve University as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming Case Western Reserve University as a beneficiary of a retirement plan, the donor maintains control over the asset while living, but at the donor's death the plan passes to support Case Western Reserve University free of both estate and income taxes.

    This language is prepared for general information. Please consult your professional advisor for counsel.

    The information provided by the Office of Planned Giving on this website is intended to provide general information that may be helpful to you in your charitable, financial and estate planning. It is not intended and should not be taken as legal, tax or other professional advice. Figures, calculations, and tax information are based on federal tax laws, regulations, rulings, and rates applicable at the time the information was prepared and are for illustration purposes only. Individual state laws may affect the availability of gift annuities. You should always consult with an attorney, accountant or other professional advisor for advice or assistance with your particular financial situation.