Planning a gift that will help current and future students does not need to be intimidating. Please see below for a series of frequently asked questions and defined planned giving terms.
How can I give a gift through my will?
See your lawyer to name Boston Conservatory at Berklee as a beneficiary of your will. Consider giving a percentage of the remainder of the estate to ensure the school receives the benefit you intend.
What other ways can I give assets?
- Name Boston Conservatory at Berklee as a beneficiary of your retirement plan—simply ask the plan administrator for a beneficiary designation form.
- Make Boston Conservatory at Berklee a beneficiary of your life insurance policy—ask the plan administrator for beneficiary designation instructions.
- Designate Boston Conservatory at Berklee as a charity beneficiary when you dissolve your donor advised fund—ask your fund administrator for instructions which typically include completing simple paperwork.
What special language do I need to have in my will to include Boston Conservatory at Berklee?
Please contact your lawyer for the most appropriate language to achieve your charitable goals.
Sample bequest language if you would like Boston Conservatory at Berklee to receive a portion of your estate in order to establish an endowed fund:
I give, devise and bequeath ____% of my residual estate to Boston Conservatory at Berklee, a nonprofit institution located in Boston, Massachusetts, for the purpose of establishing an endowed fund. My preference is that the fund be used for _______________. The name of the fund shall be "The {donor's name} Endowed Fund" and awarded to the recipient as such. If at any time it becomes impossible for Boston Conservatory to use my fund as I intend, the Trustees will determine the fund be used for general support of Boston Conservatory mission.
Sample bequest language if you would like Boston Conservatory at Berklee to receive a specific value amount of your estate in the form of a one-time payment:
I give, devise, and bequeath $__________ from my estate to Boston Conservatory at Berklee, a nonprofit institution located in Boston, Massachusetts, to be used to generally support its mission.
What do I do if I want to gift a lifetime gift to Boston Conservatory at Berklee?
Please be sure you advise us of your intention so we may properly direct your gift when it is received, as we want to recognize your generosity now. Please let us know if you have already made a gift of this nature so we can include you in The Churchill Society.
Have a question that is not answered here? Please contact Dina Roberts, senior major gifts officer, at droberts@bostonconservatory.edu or 617-912-9280.