Sample Bequest Language

Following is sample language you can review and have your attorney adapt for a bequest to Quatrefoil Library.

  1. Basic Bequest
    • Specified Dollar Amount: I give, devise, and bequeath to Quatrefoil Library, Inc, a Minnesota non-profit corporation, the sum of xx dollars ($xx) from my estate (or from the remainder and residue of my estate), including from all property both real and personal and wherever located, for ____ Fund (or its general purposes).
    • Specified Percentage: I give, devise, and bequeath to Quatrefoil Library, Inc., a Minnesota non-profit corporation, an amount equal to xxpercent ( xx %) of my estate (or of the remainder and residue of my estate), including from all property both real and personal and wherever located, for ___ Fund (or its general purposes).
  2. Specific Bequest: I give, devise, and bequeath the following described property to Quatrefoil Library, Inc., a Minnesota non-profit corporation: my name asset, e.g. collection of all GLBT books, (if applicable) for ___ Fund (or its general purposes).
  3. Contingent Bequest: If my brother John Doe – specify relationship and name – does not survive me, I give, devise, and bequeath to Quatrefoil Library, Inc., a Minnesota non-profit corporation, xx dollars ($xx) (or xx% percent (xx%)) from my estate (or from the remainder and residue of my estate), including from all property, both real and personal and wherever located, for ____ Fund (or its general purposes).

The minimum for a new named endowed fund is $25,000. Click on the link to obtain information about existing endowments. If you wish to create a new fund with a specific purpose or to support a certain program or type of program, please consult with the Library in advance; in addition to determining how your wishes can be met, it may be advisable to create an agreement.

Quatrefoil Library is a tax-exempt organization; donations are tax deductible to the extent permitted by law. Always consult a licensed attorney for legal advice regarding your individual circumstances.