Ways to Give - Bequests
By providing for the University in a will, a donor can make a substantial contribution without diminishing assets during one’s lifetime. Since bequests are deductible from an estate, there is also the potential for significant estate tax savings.
Here is sample language for remembering the University of Maine in a will or trust:
To the UNIVERSITY OF MAINE FOUNDATION for the benefit of The University of Maine, Orono, Maine (possible choice follows):
- The sum of $______________;
- or ____________ percent of my estate;
- or the property described herein to establish the _______________________ Fund. The principal of the said Fund is to be endowed and only the income as determined by the University of Maine Foundation Board of Directors shall be used to provide support for the University of Maine.
The University of Maine Foundation has professional giving officers ready to work with you and your advisors. We may be reached Monday-Friday between the hours of 8 am and 5 pm by calling 1-800-982-8503 or via email at umainefoundation@maine.edu.