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If you are considering naming the College in your estate plans, you are strongly encouraged to discuss the language and nature of the provision with the Foundation Office at 410.462.7754. This service is confidential and provided without obligation. Donors considering gifts for endowed scholarships, fellowships, or professorships should have their attorneys consult with a Foundation representative before executing their estate planning documents because certain minimum amounts and specific language are required.
Unrestricted expendable gift
“I give [describe dollar amount, property to be given, or proportion of residuary estate] to Baltimore City Community College Foundation, a Maryland not‑for‑profit corporation, to be used for its general educational and charitable purposes.”
Expendable gift for the College
“I give [describe dollar amount, property to be given, or proportion of residuary estate] to Baltimore City Community College, a Maryland not‑for‑profit corporation, to be used for the benefit of the College for its instructional and student life programs for undergraduates.”
Expendable gift for a particular College unit
“I give [describe dollar amount, property to be given, or proportion of residuary estate] to Baltimore City Community College, a Maryland not‑for‑profit corporation, to be used for the benefit of [name of College school or Division] for [insert use (programs, Instructional Technology, student support)].”
For example: The Nursing School, the School of Business, Science, Technology, Engineering and Mathematics, the School of Arts and Sciences, Bard Library, the Workforce and Continuing Education Division.
Endowment gifts
Donors considering gifts for endowed scholarships, fellowships, or professorships should have their attorneys consult with a Foundation representative before executing their estate planning documents because certain minimum amounts and specific language are required.
Disclaimer:
The information on this page relating to Gift Planning is intended to provide general information that we hope will be helpful to you in your tax, estate, and charitable planning. It is not intended as legal advice and should not be relied upon as legal advice. Figures, calculations, and tax information are based on federal tax laws, regulations, rulings, and rates applicable at the time such information was prepared. Individual state laws may have an impact on the availability of gift annuities. For advice or assistance with your particular situation, you should consult an attorney or other professional adviser.