Suggested Bequest Language
If you include a gift for United States Naval Academy Foundation, Inc. in your estate, please let us know so we can ensure that your gift is used according to your wishes.
Our preferred name for estate gifts
United States Naval Academy Foundation, Inc., a nonprofit corporation, located in Annapolis, Maryland 21402.
Federal Income Tax I.D.: 23-7003516
Sample unrestricted bequest language for review by your attorney
I give to the United States Naval Academy Foundation, Inc., a nonprofit corporation, located in Annapolis, Maryland 21402, the sum of [specific $ amount or property/percent of estate/percent of residuum].
Restricted bequests
You may specify the purpose of your future gift by designating a restricted fund, such as:
- The Long Blue Line—supports the mission of the U.S. Naval Academy Alumni Association and Foundation in perpetuity.
- Athletic Excellence Legacy Fund—supports U.S. Naval Academy athletics in perpetuity.
I give to the United States Naval Academy Foundation, Inc., a nonprofit corporation, ______________ GIFT FUND, located at 301 King George Street, Annapolis, Maryland 21402, [specific amount or property/percent of residuary estate].
When a bequest is designated for a restricted purpose, it is wise to insert the following to accommodate future changing conditions:
If at the time this bequest is received by the United States Naval Academy Foundation, Inc., or any time thereafter, the Directors of said Foundation determine that all or part of the funds can no longer be utilized for the original purpose because circumstances have changed such that it becomes incapable of fulfillment, impractical, illegal, or impossible to achieve compliance with the original purpose designated herein, then all or any part of said funds may be used for such other purpose which, in the sole discretion of said Directors, shall most clearly adhere to my charitable intent.
Questions? Call or email the Naval Academy Foundation Office of Planned Giving:
410-295-4110
plannedgiving@usna.com
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.