Title
Planned Giving
Finance News
Legal Language for Estate Planning
One of the easiest ways to create a legacy is to include a bequest for charity in one's will or trust. There are several kinds of bequest provisions - we have provided examples of some of the most common.
The most important aspect of the bequest language is the legal name of the charity. We ask that gifts to Lawrence be left to "Lawrence University of Wisconsin." You may be asked to provide Lawrence's Tax ID or EIN, that number is 39-0806297.
Bequests of this type can provide a specified dollar amount, ensuring a certain size gift, or a specified proportion of the estate, to keep this gift in line with other provisions that may also be included.
Examples:
"I give and bequeath to Lawrence University of Wisconsin, the sum of ________ ($) Dollars for its general use and purposes."
Or
"I give and bequeath to Lawrence University of Wisconsin, ________% of my adjusted gross estate as finally determined for federal estate tax purposes for its general use and purposes."
Bequests can also provide specific items from one's estate to a charity like artwork, books, photographs, collections, or other tangible personal property. Charities will have the right to accept or decline such gifts, so alerting them to your wishes will avoid difficulties down the road. For real estate, please include legal description of the property, not just an address.
Example:
"I give and bequeath to Lawrence University of Wisconsin, my entire art collection consisting of paintings, water colors, prints and sculptures for its general use and purposes."
You should complete a beneficiary designation form with individual retirement accounts and life insurance policies. These documents will be upheld over what you state in your will or trust, so make sure your beneficiary forms reflect your wishes. You may also add language to your will stating the percentage of the account being given and the account number.
Example:
"One hundred percent (100%) of my IRA account at (name of custodian) account number ________, shall be distributed to Lawrence University of Wisconsin."
The most important aspect of the bequest language is the legal name of the charity. We ask that gifts to Lawrence be left to "Lawrence University of Wisconsin." You may be asked to provide Lawrence's Tax ID or EIN, that number is 39-0806297.
Unrestricted General Bequest
Bequests of this type can provide a specified dollar amount, ensuring a certain size gift, or a specified proportion of the estate, to keep this gift in line with other provisions that may also be included.
Examples:
"I give and bequeath to Lawrence University of Wisconsin, the sum of ________ ($) Dollars for its general use and purposes."
Or
"I give and bequeath to Lawrence University of Wisconsin, ________% of my adjusted gross estate as finally determined for federal estate tax purposes for its general use and purposes."
Specific Bequest
Bequests can also provide specific items from one's estate to a charity like artwork, books, photographs, collections, or other tangible personal property. Charities will have the right to accept or decline such gifts, so alerting them to your wishes will avoid difficulties down the road. For real estate, please include legal description of the property, not just an address.
Example:
"I give and bequeath to Lawrence University of Wisconsin, my entire art collection consisting of paintings, water colors, prints and sculptures for its general use and purposes."
IRA and Life Insurance Beneficiaries
You should complete a beneficiary designation form with individual retirement accounts and life insurance policies. These documents will be upheld over what you state in your will or trust, so make sure your beneficiary forms reflect your wishes. You may also add language to your will stating the percentage of the account being given and the account number.
Example:
"One hundred percent (100%) of my IRA account at (name of custodian) account number ________, shall be distributed to Lawrence University of Wisconsin."
Shelby Harder, 2018
Dr. Irving Auld and Dorothy
Roher Auld Scholarship
"Many students take for granted what a university has to offer. However, I am thankful every single day for the opportunity to attend this prestigious school. At Lawrence, you have the ability to engage in Socratic debates about the world we live in at dinner, play recreational or NCAA sports, and talk one on one with brilliant professors. At Lawrence, you don't just 'learn' a subject, you are immersed in it. You dive into the liberal arts and these professors show you the beauty in it all, and how everything is tied together. I am a Biochemistry major with a soft spot for rocket science, philosophy, and evolution. Lawrence is my dream school, and it would have never been possible without the Dr. Irving Auld and Dorothy Roher Auld Scholarship. I am forever grateful for their generosity."
Max Loebl, 2017
Grace Gates Scholarship and Schade Family Scholarship
"Lawrence has been a life changing opportunity. My experience here is made possible by the Grace Gates Scholarship and the Schade Family Scholarship. I will always be grateful for the generosity that made my life at Lawrence a reality. I am incredibly thankful for the amazing education and lifelong connections I have made here. Beyond a doubt, my time at Lawrence has been a multifarious experience; playing varsity soccer, working in the Volunteer and Community Service Center, and now serving as the President of the Lawrence University Community Council. The times spent at Lawrence will be carried with me and cherished for the rest of my life."
Magdalen D'Alessio, 2017
Lillian Seybold Wells Memorial Scholarship
"Hello, my name is Magdalen D'Alessio, I'm majoring in Psychology and minoring in Education Studies and History. I am extremely thankful to be a recipient of the Lillian Seybold Wells Memorial Scholarship as I have been able to further my education and pursue my extracurricular interests, including Dance Team, and participating in the many International programs offered on campus. I'm really glad to be able to attend Lawrence and hope to expand my knowledge of the world even further! In the near future, I plan to conduct an independent study regarding the relationship between the government and school systems and the importance of parental involvement!"
Joe Johnson, 2017
Amy Aplin Larsen Scholarship
"The Amy Aplin Larsen Scholarship has allowed me to pursue tons of opportunities at Lawrence as part of a liberal arts education. I have been able to take classes from close to a dozen different academic departments, perform in ensembles and theatre productions, and take part in shaping the Lawrence community. Regardless of what field I may go into, the connections I have made here at Lawrence with staff, faculty, and friends have been invaluable. Thank you!"
Milwaukee-Downer Scholarships and Professorships
Some of the many recipients of Milwaukee-Downer scholarships gather for a photo with Carolyn King Stephens M-D'62 and Marlene Crupi-Widen M-D'55 in January 2014 at the annual scholarship luncheon.
Milwaukee-Downer Scholarships and Funds
Rosamund Victoria Bille Adler Scholarship
Dr. Charles E. Albright Scholarship
Helen Daniels Bader Scholarship
James G. and Ethel M. Barber Scholarship
Catharine Beecher Endowed Fund for Downer Women
Bessie A. Bell Scholarship
Berk Scholarship
Frederick C. Best Scholarship
Beta Study Club Scholarship
Lynde Bradley Scholarship
Lucia R. Briggs-Alumnae Scholarship
Edith Lange Brooks Scholarship
Anne Barman Caldwell Scholarship
Alice Miller Chester Scholarship
City of Milwaukee Student Funds Scholarship
Milwaukee-Downer Class of 1940 Fund
Milwaukee-Downer Class of 1942 Fund
College Endowment Association Scholarship
Janet Cope Crawford Scholarship
Jessie Mabbott Daniels Scholarship
F. T. Day Scholarship
Rufus Dodge Scholarship
Julia P. Ely and Hannah R. Vedder Memorial Scholarship
General Endowed Scholarship - M-D College
Dr. Alfred W. and Mrs. Ada F. Gray Scholarship
Berenice E. Hess Scholarship Endowment
Lucille Ray Hibbard Scholarship
Belle Austin Jacobs Scholarship
Helen McDermott Jurack and Ronald J. Mason Scholarship
Marjorie S. Logan Scholarship
Nellie Maxwell Scholarship
S. Annabelle & Paul McGuire Scholarship
Memorial Scholarship Fund - Milwaukee-Downer
Milwaukee-Downer Class of 1953 Scholarship
Milwaukee-Downer Class of 1955 Scholarship
Milwaukee-Downer Class of 1956 Scholarship
Milwaukee-Downer Class of 1957 Scholarship
Milwaukee-Downer Class of 1958 and 1959 50th Reunion Scholarship
Milwaukee-Downer Club Scholarship
Milwaukee-Downer/Lawrence College Consolidation 50th Anniversary Scholarship
Francis Evelyn Kelley Morgan Memorial Scholarship
O'Neill-Anderson Family Scholarship Endowment
Elizabeth A. Olson Scholarship
Gilbert Haven Peirce, Sr. and Emma Elizabeth Manor Peirce Milwaukee-Downer Scholarship
Aleida J. Pieters Scholarship
Matilda Siefert Puelicher Scholarship
Elizabeth Ann Richardson Scholarship
William M. Ross Memorial Scholarship
Elizabeth Rossberg Scholarship
Charles Frederic Sammond Scholarship
Mildred L. Schroeder Scholarship
Sivyer Educational Fund for Women
Marion Merrill Smith Scholarship
Dr. Elizabeth A. Steffen Scholarship
W. Mead and Elizabeth McKone Stillman Scholarship
Strzelczyk Family Scholarship
Clare Scherf Sweetman Scholarship
Raymond H. and Jane K. Taylor Scholarship
Jerline E. Walfoort Memorial Scholarship
Barbara E. Wehr Fund
Harmony Weissbach Scholarship
Martha and Frances Wheelock Scholarship
Dr. Charles E. Albright Scholarship
Helen Daniels Bader Scholarship
James G. and Ethel M. Barber Scholarship
Catharine Beecher Endowed Fund for Downer Women
Bessie A. Bell Scholarship
Berk Scholarship
Frederick C. Best Scholarship
Beta Study Club Scholarship
Lynde Bradley Scholarship
Lucia R. Briggs-Alumnae Scholarship
Edith Lange Brooks Scholarship
Anne Barman Caldwell Scholarship
Alice Miller Chester Scholarship
City of Milwaukee Student Funds Scholarship
Milwaukee-Downer Class of 1940 Fund
Milwaukee-Downer Class of 1942 Fund
College Endowment Association Scholarship
Janet Cope Crawford Scholarship
Jessie Mabbott Daniels Scholarship
F. T. Day Scholarship
Rufus Dodge Scholarship
Julia P. Ely and Hannah R. Vedder Memorial Scholarship
General Endowed Scholarship - M-D College
Dr. Alfred W. and Mrs. Ada F. Gray Scholarship
Berenice E. Hess Scholarship Endowment
Lucille Ray Hibbard Scholarship
Belle Austin Jacobs Scholarship
Helen McDermott Jurack and Ronald J. Mason Scholarship
Marjorie S. Logan Scholarship
Nellie Maxwell Scholarship
S. Annabelle & Paul McGuire Scholarship
Memorial Scholarship Fund - Milwaukee-Downer
Milwaukee-Downer Class of 1953 Scholarship
Milwaukee-Downer Class of 1955 Scholarship
Milwaukee-Downer Class of 1956 Scholarship
Milwaukee-Downer Class of 1957 Scholarship
Milwaukee-Downer Class of 1958 and 1959 50th Reunion Scholarship
Milwaukee-Downer Club Scholarship
Milwaukee-Downer/Lawrence College Consolidation 50th Anniversary Scholarship
Francis Evelyn Kelley Morgan Memorial Scholarship
O'Neill-Anderson Family Scholarship Endowment
Elizabeth A. Olson Scholarship
Gilbert Haven Peirce, Sr. and Emma Elizabeth Manor Peirce Milwaukee-Downer Scholarship
Aleida J. Pieters Scholarship
Matilda Siefert Puelicher Scholarship
Elizabeth Ann Richardson Scholarship
William M. Ross Memorial Scholarship
Elizabeth Rossberg Scholarship
Charles Frederic Sammond Scholarship
Mildred L. Schroeder Scholarship
Sivyer Educational Fund for Women
Marion Merrill Smith Scholarship
Dr. Elizabeth A. Steffen Scholarship
W. Mead and Elizabeth McKone Stillman Scholarship
Strzelczyk Family Scholarship
Clare Scherf Sweetman Scholarship
Raymond H. and Jane K. Taylor Scholarship
Jerline E. Walfoort Memorial Scholarship
Barbara E. Wehr Fund
Harmony Weissbach Scholarship
Martha and Frances Wheelock Scholarship
Milwaukee-Downer Professorships
James G. and Ethel M. Barber Professorship of Theatre and Drama
T. A. Chapman Professorship in Music
Alice G. Chapman Professorship in Physics
Alice G. Chapman Librarianship
Milwaukee-Downer College and College Endowment Association Professorship
T. A. Chapman Professorship in Music
Alice G. Chapman Professorship in Physics
Alice G. Chapman Librarianship
Milwaukee-Downer College and College Endowment Association Professorship
