Suggested Text for a Bequest to SF State
Unrestricted Gift: A gift to be used for the greatest need
I give to the San Francisco State University Foundation (Tax I D. # 26-1169717), located at 1600 Holloway Ave, ADM 151, San Francisco, CA 94132, the sum of _______ (% of estate or dollar amount) for its general purposes.
Gift for a Specific Purpose: A gift that is to be used for a purpose you designate
I give to the San Francisco State University Foundation (Tax I D. # 26-1169717), located at 1600 Holloway Ave, ADM 151, San Francisco, CA 94132, the sum of _______ (% of estate or dollar amount) to be used for [state specific purpose].
Perpetual Endowment Fund: A gift that lasts in perpetuity
I give to the San Francisco State University Foundation (Tax I D. # 26-1169717), located at 1600 Holloway Ave, ADM 151, San Francisco, CA 94132-4028, the sum of ________ (% of estate or dollar amount), to be used as a permanent endowment, the income from which shall be used for its general purposes (or describe the specific purpose, e.g. a named scholarship, an endowed professorship, etc.).
Residuary Bequest: Leaves a remainder after all other specific bequests have been paid
I give to the San Francisco State University Foundation (Tax I D. # 26-1169717), located at 1600 Holloway Ave, ADM 151, San Francisco, CA 94132-4028, the sum of ________ (% of estate or dollar amount) of the rest, residue and remainder of my estate, both real and personal, for its general purposes or [state specific purpose].
Language to include with all restricted gifts
If, at any time in the judgment of the San Francisco State University Foundation, it is impossible or impracticable to carry out exactly the designated purpose, the San Francisco State University Foundation shall determine an alternative purpose as near as possible to the designated purpose.
