Please note that gifts of this nature should be carefully considered in relation to your comprehensive financial and estate plans. We strongly recommend that you consult an attorney in the preparation of your will and to supervise its execution so as to comply with your state requirements. The following are examples for illustration only.

• When including a bequest provision in your will, always use the full legal name and provide the federal taxpayer identification number.
• Our full, legal name is: "Incarnate Word Academy Foundation."
• Our federal taxpayer identification number is: 74-2570138.

Potential Types of Bequests
Unrestricted gifts are used for the greatest need at the time the bequest is received. If you are concerned about specifying an exact amount or nature of the gift, perhaps because the size of your future estate may be difficult to estimate, a bequest of the remainder or percentage of the remainder may be the best way to accomplish your goals. If you would like to honor a family member, a special person or provide support for a specific program, then you can designate your bequest specifically for that purpose.

Possible Bequest Language
The following language may aid you and your attorney in preparing your bequest for the benefit of Incarnate Word Academy Foundation.

I give, devise and bequeath to the Incarnate Word Academy Foundation, a nonprofit corporation organized in accordance with the laws of the State of Texas for the purpose of supporting Incarnate Word Academy of Corpus Christi, Texas, an educational institution:

a) the sum of $____________________________;
b) the following described property ______________________ (for a gift of stock, please specify the number of shares and the complete name of the company);
c) (______________ % of) the rest, residue and remainder of my estate.

The property comprising this gift may, for investment purposes, be merged with any of the general investment assets of the Incarnate Word Academy Foundation but the gift shall be entered in the foundation's books and records as the _________ Fund, and shall always be so designated.

The distributions from the fund shall be used:

a) to further the purposes of the Incarnate Word Academy Foundation in its support of Incarnate Word Academy of Corpus Christi, Texas;
b) to provide scholarships for deserving students of Incarnate Word Academy of Corpus Christi, Texas;
c) to provide support for ________________ at Incarnate Word Academy of Corpus Christi, Texas.

If you select a specific purpose for your gift, inclusion of the following sentence will ensure that the bequest remains useful through many decades.

If, in the judgment of the Foundation Board of Trustees, changed circumstances should, at some future time, render the designated use of this fund impracticable, unwise or inappropriate, then the Board shall use the fund to further the objectives and purposes of Incarnate Word Academy Foundation, giving consideration to my special interest as evidenced by the purpose described above.

If you choose to name the Incarnate Word Academy Foundation as a beneficiary, please let us know of your plans. This will enable us not only to show our appreciation of your generosity, but also to include your support in planning for the future of Incarnate Word Academy of Corpus Christi, Texas.

We are here to help you as you plan. Please do not hesitate to contact us at::

Office of Planned Giving
2920 S. Alameda
Corpus Christi, Texas 78404
Telephone: 361-883-0857 Ext. 117

Thank you for remembering us in your plans. May God bless you. Click here to return to Wills and Bequests.

Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only. Use of this site signifies your agreement with the terms of use. The content in this Planned Giving section has been developed for Incarnate Word Academy by Future Focus. Please report any problems to webmaster. Revised: June 1, 2005 17:46.