Trusts at the University

Describing the purpose

Problems arise where a donor specifies a purpose for a gift that inadvertently does not take into account possible changes at the University in the future.

The donor should specify the purpose of a gift to the University in broad terms.  This ensures that the donor's wishes can always be implemented by the University, even if there are changes to the content or structure of a particular course, or if there are changes to the research priorities of the University.

For example:

Sample purpose clauses

Will clauses

 

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