Bequest
An ultimate gift. A bequest in one's will. Over the years St. Catherine’s has been the recipient of numerous bequests from alumnae, parents and friends. These bequests have funded endowments, paid for major capital improvements and even perpetuated Annual Giving gifts. We welcome bequests of all sizes. Bequests are fully deductible for estate tax purposes. When you develop your estate plan, please consider naming St. Catherine’s in your will.
A bequest is a simple and effective way to continue your contribution to St. Catherine’s beyond your lifetime.
A bequest can:
- Endow your annual gift in perpetuity
- Provide general endowment through the St. Catherine’s School Foundation for future needs not yet imagined
- Underwrite the critical needs of the School from resources you no longer need
- a particular percentage of your estate value,
- a specific dollar amount, or
- a specific item of real property.
Adding St. Catherine's to an existing will:
- If your current will does not need revision, your attorney can provide you with a simple addition to your will, known as a codicil, that will make provision for St. Catherine's while leaving the rest of your will intact.
Sample Bequest Language
Please show the language below to your attorney, who can modify it to suit your specific needs.
Please show the language below to your attorney, who can modify it to suit your specific needs.
Percentage of residue after expenses and other bequests:
“I devise and bequeath (all/or ___%) of the remainder of my property to The St. Catherine’s School Foundation, Richmond, Virginia, to be used or disposed of as its Board of Directors in its sole discretion deems appropriate.”
A specific dollar amount:
“I bequeath the sum of $______ to The St. Catherine’s School Foundation, Richmond, Virginia, to be used or disposed of as its Board of Directors in its sole discretion deems appropriate.”
Specific personal property:
“I bequeath to The St. Catherine’s School Foundation, Richmond, Virginia, __________ to be used or disposed of as its Board of Directors in its sole discretion deems appropriate.”
Specific real property:
“I devise all of my right, title, and interest in and to the real estate located at to The St. Catherine’s School Foundation, Richmond, Virginia, to be used or disposed of as its Board of Directors in its sole discretion deems appropriate.
A bequest for a purpose other than unrestricted use:
“I bequeath the sum of $_______ to The St. Catherine’s School Foundation, Richmond, Virginia, for the following use and purpose <description of purpose>.”
For a gift subject to a restriction, we suggest including the following provision:
“If in the judgment of the Board of Directors of The St. Catherine’s School Foundation, it becomes impossible to accomplish the purposes of this gift, the income or principal may be used for such related purposes and in such manner as may be determined by its Board of Directors.”
Located in the heart of Richmond, Virginia, St. Catherine’s School is a private, all-girls pre-K, kindergarten, elementary, middle and high school. We provide a well-rounded educational experience for girls from communities across Richmond, Chesterfield, Henrico and all of central Virginia. St.Catherine’s all-girls educational experience is rooted in more than a century of history and tradition. From our revolutionary past to our dynamic present, St. Catherine’s has always focused on preparing students for a boundless future.
