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How should I word my bequest?

For expendable purposes (expendable gifts are used the year they are received):

I give and bequeath to OCAD University, 100 McCaul St., Toronto ON M5T 1W1 the sum of $_________OR _________% of the residue of my estate, for the general purposes of the university OR for (specific purpose. such as scholarships, bursaries, faculty, department).

For Endowed Purposes (endowed gifts are invested in perpetuity, with the income expended from year to year):

I give and bequeath to OCAD University, 100 McCaul St., Toronto ON M5T 1W1 the sum of $_________OR _________% of the residue of my estate to establish the _______________ (e.g., Jane Smith Scholarship) endowment fund, with the annual income to be used by the university for this purpose.

Legacy Gift Confirmation Form

If you have made a bequest or planned gift to OCAD University, please download and send us your Legacy Gift Confirmation Form.

In recognition of your thoughtful generosity, we will include you in the 1876 Heritage Circle.


Please note that
the information above is general in nature and does not constitute legal or financial advice, and should not be relied upon as a substitute for professional advice.  In addition, please visit Conditions.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Last Modified:1/30/2014 11:06:20 AM


Ontario College of Art & Design 100 McCaul Street Toronto, Ontario M5T 1W1 Canada Tel. 416.977.6000 Fax. 416.977.6000 © OCAD 2007