How to Give

Bequests in a will or trust

Including Virginia Commonwealth University in your will or trust

Provide for the future of VCU with a charitable gift from your estate.

Gifts from wills and trusts:

Making a gift to VCU through your will or trust provides a future gift to the college, school or program of your choice while enabling you to retain control of your assets with the flexibility to change your bequest if needed. Gifts you make to the university through your will are eliminated from your taxable estate, and your designated gifts will be applied to the area(s) you choose.

If you are considering making an unrestricted bequest to VCU, we recommend adding language similar to the following in your estate document:

I give, devise and bequeath to the [name of appropriate affiliated foundation], a nonprofit corporation located in Richmond, Virginia, [the sum of $ ____] or [ ____ % of my gross estate] or [ ____ % of the rest, residue and remainder of my estate] for the unrestricted support of Virginia Commonwealth University

To designate or restrict your gift to a specific area, replace the statement “for the unrestricted support of Virginia Commonwealth University” from the unrestricted gift language above with one of the following statements:

  • for the unrestricted support of the VCU [college/school/department/unit].
  • for the VCU [college/school/department/unit] to be used for [restricted purpose such as scholarships or to be added to an existing fund].
  • for the establishment of the [fund name] fund for the benefit of the VCU [college/school/department/unit]. The purpose of this fund shall be [purpose].
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© Planned Giving Marketing. This document is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional adviser.