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Bequest Language General Bequests "I do hereby give to Kirkwood Community College Foundation, Cedar Rapids, Iowa, an Iowa nonprofit corporation, [the sum of $________] or [all my right, title and interest into the following described property: _______________________] or [_____ percent of the rest, residue and remainder of my estate], such bequest to be used in the manner as determined appropriate by the Board of said Kirkwood Community College Foundation as it, in its sole discretion, shall determine." Specific Purpose Bequest "I do hereby give to Kirkwood Community College Foundation, Cedar Rapids, Iowa, an Iowa nonprofit corporation, [the sum of $________] or [all my right, title and interest into the following described property: _______________________] or [_____ percent of the rest, residue and remainder of my estate], or [all the rest, residue and remainder of my estate]. Such property shall by held as the ________ Fund. "The property comprising this Fund shall be administered as part of the assets of the Foundation, but shall be separately accounted for as the ________ Fund, as [the principal and income] or [the income only and not the principal] thereof shall be used for the following purposes _______________________." Copyright © Kirkwood Community College Foundation, All rights reserved. The information on this site is not intended as legal, tax or investment advice.
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