1. Specific bequest.
Berry College is named to receive a fixed amount of money or a designated property, a collection, a home, or parcel of land from the donor's estate.
"I give, devise and bequeath to Berry College, Mount Berry, Georgia, 30149, the sum of $10,000 to be used by the Board of Trustees to carry out its corporate objectives and purposes."
"I give, devise and bequeath to Berry College, Mount Berry, Georgia, 30149, the sum of $50,000 to be used to establish an endowed scholarship fund designated for the sciences."
2. Percentage bequest.
Distribution of assets can be arranged on a percentage basis. The bequests then remain in the same proportion to each other, despite fluctuations in the value of the estate. This is an especially important concept in times of stock market volatility.
"I give, devise and bequeath to Berry College, Mount Berry, Georgia, 30149, 20% of my estate to be used by the Board of Trustees in carrying out its corporate objectives and purposes."
3. Residuary bequest.
Whatever property remains in one?s estate after specific bequests have been fulfilled is known as the residue. Anyone can leave the residue of his or her estate to Berry College. Those who name Berry for a specific amount of money or a designated property can also leave all or part of the residue of their estate after other bequests have been satisfied.
"All the residue of my estate, including real and personal property, I give, devise and bequeath to Berry College, Mount Berry, Georgia, 30149, to be used for its general purposes"
4. Contingent bequest.
A contingent bequest is usually received only when heirs predecease the testator or when another stated condition occurs.
"If any of the above-name beneficiaries should predecease me, I hereby bequeath his/her share of my estate to Berry College, Mount Berry, Georgia, 30149, to be used for its general purposes."
Beneficary Information for Wills and Trusts
Corporate Name
Berry College, Inc.
Tax Status
Berry College is an exempt organization under Code 501(C)3 of the Internal Revenue Service. Please call the contact below for the college tax identification number.
Our Physical Address
Berry College
2277 Martha Berry Highway
Mount Berry, GA 30149
Contact Information
Scott Breithaupt
Senior Planned Giving Officer
Berry College
P.O. Box 490069
Mount Berry, Georgia 30149-0069
sbreithaupt@berry.edu
(877) 461-0039, (706) 238-5897
You may print a Bequest tri-fold brochure. Voice of a Legacy or Will Your Will be Known.
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