Gifts by Bequest

A will is a statement about what matters most in your life. By making a will, you can ensure that your intentions are clearly expressed and that they will be followed by those administering your estate. Bequests can be a specific as­set, an amount or a percentage of your estate. It can be in the form of cash, securities, real estate or tangible personal property.

Many alumni would like to make a major gift to the UNC School of Medicine but cannot commit current assets for such a purpose. Through a will, however, alumni can make a more significant gift than they might ever have thought possible by designating a specific sum, a percentage, or the residue of their estate for the benefit of their alma mater.

To provide a bequest, simply include a paragraph in your will naming The Medical Foundation of North Carolina, Inc. as beneficiary. For example:

"I give, devise and bequeath (the sum of $_____) or (_____% of my estate or the residue of my estate) to The Medical Foundation of North Carolina, Inc., a 501(c)(3) created to maintain funds for the UNC School of Medicine with principal offices located at 880 Martin Luther King Jr. Blvd., Chapel Hill, North Carolina."

This language creates an unrestricted bequest for use by The Medical School when and where the need is greatest, or you may specify that your gift be used for a particular purpose. For further information, please call Jane McNeer at (919) 966-1201 or (800) 962-2543 or send an e-mail to jane_mcneer@med.unc.edu.