Planned Giving - Claremont McKenna College

Will Power - Giving Through Your Estate Plan

Supplemental Retirement Planning

Income to meet health care and assisted living costs

Informative Articles on gift planning topics.

Bequest Intentions

From its founding in 1946, Claremont McKenna College has benefited from bequests made by its generous supporters. As much as any other form of giving, they have provided a fiscal foundation for the excellence of the College.

You may make a bequest to CMC for the general unrestricted use of the College or restrict its use to a particular purpose. You may give cash, or a specific item or property, or the residue of your estate. You may also make an outright bequest or you may arrange to fund a life income agreement, to be managed by the College, to make payments to another for lifetime, or for a term of years, after which the remaining funds pass to CMC. Your gift may provide for a fund in your name or to memorialize another person you wish to honor.

Sample Bequest Language You Can Use
(The language samples below may be copied and pasted.)

Unrestricted Bequest
I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, _____% of my estate (or the sum of $__________) (or property herein described) to be used for general educational purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College.

In Accordance With a Signed Gift Agreement
I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, _______% of my estate (or the sum of $__________) (or property herein described) to be used in accordance with a signed, binding gift agreement on file with Claremont McKenna College.

Using a Gift Agreement provides the donor with the flexibility to make changes to how your bequest will be used by CMC without the necessity of modifying your will, living trust, or other estate document.

Bequest for an Unrestricted Memorial Fund
I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, _____% of my estate (or the sum of $__________) (or property herein described), to be known and designated as "The __________ Memorial Fund." The income therefrom shall be used for general educational purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College. The said Board of Trustees shall have the right to expend the whole or any part of the principal of said sum in the erection of a building or in connection with some definite project or purpose, provided there is thereby established a suitable memorial in the name of __________.

Bequest for a Restricted Memorial Fund
I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, ________% of my estate (or the sum of $__________) (or property herein described). The income therefrom shall be used for (Option 1: description of primary purpose, such as student scholarships, an endowed professorship, or maintenance of laboratory or other facility) or alternatively (Option 2: in accordance with a signed agreement on file with Claremont McKenna College to establish an endowed student scholarship, or endowed professorship, or other endowed fund as described in the agreement). If it is found that all or part of the income from this fund is no longer needed for the purpose stated, then such gift may be used for such other purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College, giving consideration to my special interest as evidenced by the purpose described above. This gift shall be known as "The ____________ Memorial Fund."

If a contribution to Claremont McKenna College will be restricted, we recommend that the intended provision be reviewed by College officials at the time the bequest provision is drafted to be certain that the wishes of the donor can be carried out.

Unrestricted Residuary Bequest
I give to Claremont McKenna College, a California nonprofit corporation, located at Claremont, California, the rest and residue of my estate, to be used for general educational purposes as the Board of Trustees, in its sole discretion, may deem advisable for the best interests of the College.

Bequest to Fund a Life Income Agreement
You may make a gift to a loved one on your death through a charitable life income agreement. Your beneficiary will receive income for their lifetime, and the College will receive the remaining funds upon their death. The gift may be made through a charitable gift annuity or a life interest in a charitable remainder trust or a pooled income fund. Please call us to discuss which agreement you prefer. We will provide you with the language for the agreement to include in your Will or revocable trust.

Department Navigation

Meet Our Donors