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Planning for the future and creating the legacy you wish to leave is one of the most effective ways to ensure a lasting impact. Making a gift in your will or living trust, can guarantee that your legacy endures.
Your gift may be a specific dollar amount, a percentage of your estate or the remainder after all other provisions are specified. If you are leaving a gift through your will please consider using our recommended language:
"I, [name], of [city, state, ZIP], give, devise and bequeath to Saint Peter's University, 2641 Kennedy Boulevard in Jersey City, NJ 07306 Tax ID 22-1508627 [written amount or percentage of the estate or description of property] for its unrestricted use and purpose (or could modify and designate the gift here)."
If you have named Saint Peter's University 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 Sharon T. Morrissey, M.B.A., M.Ed. '13 at (201) 761-6126 (office) and (201) 618-4230 (cell) or firstname.lastname@example.org for more information.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Saint Peter's University as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Saint Peter's University as a lump sum.