When making a charitable gift to a nonprofit organization, it is vital the legal name of the charity, city and other identifying details be used. To name Illinois Institute of Technology in your will or trust please use the following suggested language:
Residual Bequest LanguageA residual bequest comes to us after your estate expenses and specific bequests are paid:
"I give to Illinois Institute of Technology, an Illinois corporation, Chicago, Illinois (the sum of $____________) or (__________ percent of the remainder of my estate) to be used for the benefit of said University in such manner as the Trustees thereof may direct."
"I give to Illinois Institute of Technology, an Illinois Corporation, Chicago, Illinois, (the sum of $___________) or (_________ percent of the remainder of my estate) to be used for the benefit of the (School of your choice) for its unrestricted purposes."
"I give to Illinois Institute of Technology, an Illinois Corporation, Chicago, Illinois, (the sum of $___________) or (_________ percent of the remainder of my estate) to be used by (School of your choice) for support of _______________."
If you or your attorney would like Illinois Tech to provide you with customized beneficiary language that is specific to your goal and interest, please contact us.
Illinois Institute of Technology's Broker:
Tax ID Number: 36-2170136
Please contact your plan provider for a change of beneficiary form. Once you have filled out the form, please send a copy to , at firstname.lastname@example.org
Legal name: Illinois Institute of Technology
Tax ID number: 36-2170136
Address: 7565 Solution Center
Chicago, IL 60677-7005
Thank you for helping your client with their charitable planning. As a professional advisor, you build your client relationships on trust and mutual respect. The same is true for our relationships with our friends and donors.
We understand that financial, philanthropic and estate goals are unique to the individual. For this reason we welcome the opportunity to assist as you incorporate your clients' philanthropic objectives into wellcrafted estate plans. Furthermore, we encourage prospective donors to consult with their professional advisors before making decisions based on information we provide.
If you have any questions or concerns, please call (312) 567-5000 or email email@example.com.
Disclosure: This information is not intended as legal advice. For more specific advice, please consult your attorney or financial adviser.