“I give and devise (________ dollars) or (a specific asset, such as securities, real estate or other property) or (all) or (_______ percent of the rest, residue, and remainder of my estate) to Ransom Everglades School in Coconut Grove, Florida (for its general support) or (for the following purpose: ___________________________________________).”
While unrestricted gifts allow the School to allocate funds to areas of greatest need, you may designate your bequest for a particular purpose or use by a specific program or activity at RE. In order to ensure that the evolving educational needs of future generations of students are met, it is advisable to include the following language with restricted gifts:
In the event that at some future time due to changed circumstances, in the judgment of the Trustees of Ransom Everglades School, it becomes impractical to apply my bequest to the designated purpose(s), the Trustees of Ransom Everglades School shall make such modifications as will appropriately recognize my interests in coordination with School priorities.