Bequests & Trusts > Bequests

When you leave a bequest to the May Institute, you can make a generous gift without reducing your current income. Gifts in wills or revocable trusts provide the May with significant funding for its strategic growth initiatives. You can specify the area or program that you wish your gift to benefit. You also can create special funds in your name or in memory of loved ones. Charitable bequests are normally deductible in full for estate tax purposes.

Benefits

• You can make charitable gifts through your will that are deductible for estate tax purposes.
• You retain use of the assets during your life.
• You also may set up trusts or gift annuities through your will or revocable trusts.

• General Unrestricted Bequest
  "I give, devise, and bequeath to the May Institute, Randolph, Massachusetts 02368, (percentage of residue, sum, or description of property), the principal and income of which shall be used for such May Institute purposes as the Board of Trustees may determine."
  
  
• Specific Program - Unrestricted Use
  "I give, devise, and bequeath to the May Institute, Randolph, Massachusetts 02368, (percentage of residue, sum, or description of property), the principal and income of which shall be distributed by the Board of Trustees to the (name of Program) for use where the need is greatest."



• Endowment Fund
  "I give, devise, and bequeath to the May Institute, Randolph, Massachusetts 02368, the sum of ____________ dollars (or otherwise describe the gift) and direct that this bequest establish the (Name) Endowment Fund."