The Boyce Thompson Institute is profoundly grateful for bequests, which leave an enduring impact on education and research. You can include the Institute in your legacy by providing for a gift of cash, securities, real estate, or other assets in your will. Bequests can take the form of a designated sum or asset, or alternatively, a percentage or remainder of your estate.
Benefits of a Bequest
The value of your bequest to the Institute is fully deductible for tax purposes. You may also establish an income-producing planned gift for the benefit of others through your will, thereby reducing your taxable estate. A bequest, whether outright or to fund a planned gift, can be a useful and advantageous addition to your estate plan.
Sample bequest language is available to help you, your legal adviser, or your financial planner communicate your wishes. A basic example of bequest language is:
I give, devise and bequeath to the Boyce Thompson Institute for Plant Research, Inc., 533 Tower Rd., Ithaca, NY 14853 the sum of $_________ (amount, percentage, or remainder of estate) to provide funding for the ongoing activities of the Institute as determined by the board of directors (or for the purpose of _________________). Tax ID 13-1739923
Communicating your Wishes
If you have provided for the Institute in your estate plans, but have not previously notified us of your intentions, please contact:
Sharing your plans with us allows us to express our gratitude to you during your lifetime, ensures that your wishes will be met, and also assists the Institute’s long-term planning efforts.
Disclaimer: The information above is intended to assist you in your tax, estate, and charitable planning. It is not legal advice and should not be relied upon as such. Learn more about the information on this website.