When making a charitable gift to a nonprofit organization, it is vital the legal name of the charity, city and other identifying details be used. To name St. John's University in your will or trust please use the following suggested language:
Residual Bequest Language A residual bequest comes to us after your estate expenses and specific bequests are paid:
"I hereby give, devise, and bequeath to St. John's University, New York, Jamaica, New York, Federal Tax ID number 11-1630830, all the rest, residue, and remainder of my estate."
Specific Bequest Language You can also name St. John's University as a beneficiary of a specific amount from your estate:
"I hereby give, devise, and bequeath to St. John's University, New York, Jamaica, New York, Federal Tax ID number 11-1630830, the sum of ________."
Contingent Bequest Language St. John's University can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
"If [name(s)] is not living at the time of my demise, I hereby give, devise, and bequeath to St. John's University, New York, Jamaica, New York, Federal Tax ID number 11-1630830, ____% of the rest, residue, and remainder of my estate."
St. John's University's Broker: Pershing
Account number: 7NH-015490
Tax ID Number: 11-1630830Â
Please contact your plan provider for a change of beneficiary form. Once you have filled out the form, please send a copy to Susan M. Damiani, '87 CBADirector of Gift Planning/The McCallen Society at email@example.com
Legal name: St. John's University
Tax ID number: 11-1630830Â
Address: University Center, Room B-17, 8000 Utopia Parkway
Queens, NY 11439
Thank you for helping your client with their charitable planning. As a professional advisor, you build your client relationships on trust and mutual respect. The same is true for our relationships with our friends and donors.
We understand that financial, philanthropic and estate goals are unique to the individual. For this reason we welcome the opportunity to assist as you incorporate your clients' philanthropic objectives into wellcrafted estate plans. Furthermore, we encourage prospective donors to consult with their professional advisors before making decisions based on information we provide.
If you have any questions or concerns, please call (718) 990-7562 or email firstname.lastname@example.org.
Disclosure: This information is not intended as legal advice. For more specific advice, please consult your attorney or financial adviser.