Planned Giving

Bequests

By providing for Stroud Water Research Center in your will or living trust, your assets are not diminished during your lifetime and the amount of the gift may substantially reduce the taxes owed by your estate. Donors of all ages can formalize bequests to Stroud Center.

Bequests can be:

General Bequest Statements

The following are examples of GENERAL BEQUEST STATEMENTS, which you might add at the time a will is drawn or later as a codicil* to an existing will:

A specific dollar amount: “I give and bequeath to Stroud Water Research Center, in Avondale, PA, the cash sum of $______dollars for the needs determined as its highest priority by the Director and Board of Directors.”

A percentage of the estate: “I give and bequeath to Stroud Water Research Center, in Avondale, PA, ______% of my estate, for the needs determined as its highest priority by the Director and Board of Directors.”

Residue of the estate: “The remainder of my estate, both real and personal, I give and bequeath to Stroud Water Research Center, in Avondale, PA for the needs determined as its highest priority by the Director and Board of Directors.”

A contingency gift: “I devise and bequeath the residue of the property owned by me at my death, real and personal, and wherever situate, to PERSON’S NAME if he or she survives me. If PERSON’S NAME does not survive me, I devise and bequeath my residuary estate to Stroud Water Research Center, in Avondale, for the needs determined as its highest priority by the Director and Board of Directors.”

A Codicil*

Adding a Codicil to a current trust or will

If your present planning documents are otherwise in place, you may wish to consider adding a brief Codicil or Amendment. For illustration, here are two examples for incorporation in your will or trust:

Example 1:
I give and bequeath to Stroud Water Research Center, in Avondale, PA, the cash sum of $_____dollars for such needs determined as its highest priority by the Director and Board of Directors.

Example 2:
I give, devise and bequeath to Stroud Water Research Center, in Avondale, PA, an amount equivalent to _____ percent of the balance of my residuary estate, for such needs of determined as its highest priority by the Director and Board of Directors

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We are here to help

We are here to discuss your thoughts and to answer questions that may arise. We would be pleased to discuss, in confidence, ways in which you may support Stroud Water Research Center and to provide you with a personalized gift illustration. If you are unsure of which planned gift will suit your needs and would like to discuss the options that might be best for you, please email Kristine Lisi, Director of Development, or call 610-268-2153, ext. 304.

The information we provide is general in nature and may not apply to all individuals. We urge prospective donors to consult their legal and financial advisors concerning specific consequences of making estate gifts to Stroud Water Research Center.