Facts for Advisers

Wills and Trust Language

Bequest language that can be used in a gift by will or living trust:

I give and bequeath to the IPTAY Scholarship Fund a not-for-profit corporation organized under the Laws of the State of South Carolina and having its principal office at 1 Avenue of Champions, Clemson, SC 29634.

To make a cash bequest:

the sum of $_________ to be used by IPTAY Scholarship Fund for its general purposes.

To give a percentage of the estate:

_______ percent of my estate to be used IPTAY Scholarship Fund for its general purposes.

To give a residual amount or remaining interest:

the rest, residue and remainder of my estate after all debts, expenses and taxes have been paid and all the general and specific bequests have been made, to be used by IPTAY Scholarship Fund for its general purposes.

To give a tangible asset or property:

_______ shares of common stock of __________ (or insert here a description of other property) owned by me at my death as these shares shall exist at the date of my death, to be used by IPTAY Scholarship Fund for its general purposes.

Please call Reed Kramer at (864) 656-5761 if you have any additional questions.


Contact Information:

IPTAY Scholarship Fund
PO Box 1529
Clemson, SC 29633

(864) 656-5761
Fax: (864) 656-0415

Securities Transfers

DTC Number: 005N

Account Number: 268-01257-1-9

Taxpayer ID Number: 57-0426335

Our Broker: Edward Jones

Brokerage Office Telephone: (800) 755-7649

Please telephone our office if your client is transferring shares to Clemson University Foundation. We need to know the name and number of shares being transferred.



Copyright © R&R Newkirk. All rights reserved.

The materials contained on this website are intended only to show some ways by which you can make a charitable gift or bequest and thereby minimize federal tax liabilities, as authorized by the Internal Revenue Code. All examples are of a general nature only and should not be applied to your specific situation without first consulting your attorney or other advisers.