Baylor University
How Extraordinary the Stories
The President's Scholarship Initiative

Giving Through Your Estate

Deferred gifts are an excellent way to support scholarships, whether you choose to defer your giving or simply feel you can do more through an estate gift.

Options for deferred giving are numerous, such as a bequest in one's will, naming Baylor as a beneficiary in an insurance policy or retirement plan, or through a life income plan such as a charitable gift annuity, charitable remainder trust or retained life estate.

When making estate plans, imagine how you desire to inspire hope through generations of Baylor students, and know that your gift is one that will give for generations to come.

Most designations are accomplished by an agreement executed between the university and the donor.

If you use a charitable bequest to establish an endowed scholarship fund, appropriate bequest language is needed to designate a specific fund. Otherwise, Baylor utilizes undesignated funds for areas of greatest need.

For more information on establishing an endowed scholarship through your estate, visit the Office of Gift Planning's website or please contact:

Larry Smith (BBA '73)

Assistant Vice President for Gift Planning

(254) 710-2561
Larry_Smith@baylor.edu

Susan Wommack (JD '89)

Gift Planning Legal Counsel

Susan_Wommack@baylor.edu


Sample Bequest Language

"I give [amount, description of asset, percentage of estate, remainder, etc.] to Baylor University, a Texas Nonprofit Corporation located in Waco, Texas, for the purpose of establishing the ________ Endowed Scholarship Fund in __________. Baylor University will distribute only the earnings from the fund as specified by this request."