Gift Language
BEQUEST LANGUAGE
For an unrestricted gift that allows UMass Law to determine how to use the funds based on the most pressing needs, use the following language for your will and/or trust:
“I give to The University of Massachusetts Foundation, Inc., a nonprofit corporation currently located at 100 Carlson Ave, Newton, MA 02459, or its successor thereto for the benefit of the University of Massachusetts Law, _________ [written amount or percentage of the estate or description of property] for its unrestricted charitable use and purpose.”
To designate your provision for a particular purpose:
“I give to The University of Massachusetts Foundation, Inc., a nonprofit corporation currently located at 100 Carlson Ave, Newton, MA 024597, or its successor thereto for the benefit of the University of Massachusetts Law, _________ [written amount or percentage of the estate or description of property]. This gift should be used for (state purpose) if and so long as the University of Massachusetts Foundation, Inc. determines that the need exists. If the University of Massachusetts Foundation, Inc. shall determine at the outset or at a later time that the need does not exist, or no longer exists or for some reason it is not possible (or prudent) to administer my gift as originally intended, then the University of Massachusetts Foundation, Inc. may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above.”
If you have named UMass Law in your will or trust, please let us know so we can ensure that your gift is used according to your wishes. Notifying us of your plans will enable us to plan for the use of your future gift. However, if you prefer to remain anonymous, we will keep your name and gift in strict confidence.
Please contact Theresa M. Curry, J.D., at 508.961.9774 or gift.planning@umassd.edu for more information.
STOCK TRANSFERS
Securities and mutual funds that have increased in value and have been held for more than one year are popular assets to use when making a gift to UMass Law. Making a gift of securities or mutual funds offers you the chance to support our work while realizing important benefits for yourself.
When you donate appreciated securities or mutual funds in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.
Securities are most often used to support our work in the form of:
- An outright gift. When you donate securities to UMass Law, you receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20%.
- A transfer-on-death (TOD) account. By placing a TOD designation on your brokerage or investment account, that account will be paid to one or more persons or charities after your lifetime.
TAX ID
Legal name: The University of Massachusetts Foundation, Inc.
Address: 100 Carlson Avenue, Newton, MA 02495
Federal tax ID number: 04-6013152
LEGAL NAME
University of Massachusetts Law
CONTACT INFORMATION
For donation assistance, please contact:
Theresa M. Curry, J.D.
Interim Vice Chancellor for Advancement
508.961.9774
gift.planning@umassd.edu