Sample Trust Language To Create An Endowment

I hereby direct $_______________ (or _________ percent of my trust estate) in cash, securities, or other property to the University of Wisconsin-La Crosse Foundation Inc., hereinafter known as the Foundation.

This gift shall be used to create the __[NAME OF ENDOWMENT]___ as a permanent endowment for the benefit of the __[COLLEGE, PROGRAM]__. Funds distributed from the endowment shall be used to ___[PURPOSE]__.

These endowment funds may be merged or commingled with other funds held by the Foundation for investment purposes, in accordance with the policies of the Foundation. Funds distributed from the endowment in a year may be retained and expended for the purposes of the endowment in subsequent years, and a portion may be designated, at the discretion of the Foundation, as a permanent addition to the principal of the endowment.

All future additions to the endowment, made by myself or others shall be subject to the provisions of this donation instrument and shall be considered permanent endowment funds. If in the opinion of the Foundation, future circumstances change so that the purposes for which the endowment is established become illegal or impracticable, said Foundation may designate an alternative use for the endowment payout to further an objective closest to the in spirit of my original purpose.