Gift from Your Will
Donors who have remembered the Center in their wills have benefited Adventure Science Center in many ways, helping to build and maintain its collection and providing indispensable support for exhibitions, programs, and a range of educational activities. A bequest is one of the simplest ways to provide for the Center’s future and can take many forms. You may arrange for the Center to receive:
- a specific dollar amount
- specified assets, such as securities, real estate, or tangible personal property
- all or a percentage of the remainder of your estate after all other obligations (a residuary bequest)
You may make a bequest to Adventure Science Center by preparing a new will or adding a codicil to your present will. An outright bequest to Adventure Science Center is fully tax-deductible for estate-tax purposes.
How to Make a Bequest: Useful Language
The most useful bequest is an unrestricted bequest for the general purposes of Adventure Science Center. This permits the Center to use your gift wherever it is most needed at the time.
Suggested language for making an unrestricted bequest: “I give, devise and bequeath [the sum of ____ dollars], [all or ____ percent of the rest, remainder and residue of my estate of every kind and description (including lapsed legacies and devises)] to Adventure Science Center, 800 Fort Negley Blvd., Nashville, TN 37203, for its general corporate purposes.”
Suggested language for a specific purpose: “I give, devise and bequeath [the sum of ____ dollars], [all or ____ percent of the rest, remainder and residue of my estate of every kind and description (including lapsed legacies and devises)] to Adventure Science Center, 800 Fort Negley Blvd., Nashville, TN 37203, to create an endowment fund which, subject to the Center’s endowment spending rule, is to be used for the following purpose: [state the purpose].”
Important Note: If you do specify a use for your bequest, the following language will ensure that your gift will always remain productive: “If at any time in the judgment of the Trustees of Adventure Science Center the designated use of this bequest is no longer practicable or appropriate, then the Trustees shall use the bequest to further the general purposes of the Center, giving consideration, where possible, to my special interest as described above.”