Wills and Bequests

One of the most popular vehicles for making future gifts is the will. A charitable bequest can be stated as a dollar amount, a specific property, a percentage of the assets, or the residue of the estate after providing for your loved ones.

A will can also be used to create trusts for wealth management, benefitting your family as well as the College.

Example: Sarah devoted her life to the teaching profession, living a full but frugal life. Dedicated to her students and committed to seeing that others had the opportunity to contribute to the career that she had loved, she provided in her will that one-half of her cash estate be used to establish an endowed scholarship to support deserving, needy students certifying in education at Centenary College. Sarah never made more than a modest teaching salary but was able to make a significant gift. The scholarship, named in her parents' memory, was created with $200,000.

A Centenary Story

"My mother and I established a tennis scholarship in my father's name at Centenary in 1985, and I look forward every year to the Legacy luncheon and the opportunity to meet the students who have been awarded this scholarship. In addition, I have also made a bequest to Centenary in my will. My years at Centenary were important to me, and I now have an opportunity to give something back. Every donation, scholarship, bequest or gift, no matter what size, is appreciated and put to good use by the College. This scholarship and bequest allow me to participate in the continued excellence of the educational experience provided by Centenary College."

Lester H. Hammond, III '67

Wills and Bequests

Related Links

A Centenary Story