Bequest Language

Will

Unrestricted:

I hereby give, devise and bequeath to THE UNIVERSITY OF OKLAHOMA FOUNDATION, INC., an Oklahoma not-for-profit corporation, [___ percent of the rest, residue and remainder of my estate; OR ___________ dollars; OR specific asset].

Restricted:

I hereby give, devise and bequeath to THE UNIVERSITY OF OKLAHOMA FOUNDATION, INC., an Oklahoma not-for-profit corporation (the "Foundation"), [___ percent of the rest, residue and remainder of my estate; OR ___________ dollars; OR specific asset] to support the ____________ Fund held by the Foundation. If a restriction on such gift becomes unlawful, impracticable, impossible to achieve or wasteful, or if the release or modification of a gift restriction otherwise furthers the purposes of the gift as reasonably construed by the Foundation, then the Foundation may modify or release such restriction.

Trust

Unrestricted:

Trustees shall distribute to THE UNIVERSITY OF OKLAHOMA FOUNDATION, INC., an Oklahoma not-for-profit corporation, [___ percent of the rest, residue and remainder of my trust estate; OR ___________ dollars; OR specific asset].

Restricted:

Trustees shall distribute to THE UNIVERSITY OF OKLAHOMA FOUNDATION, INC., an Oklahoma not-for-profit corporation (the "Foundation"), [___ percent of the rest, residue and remainder of my trust estate; OR ___________ dollars; OR specific asset] to support the ____________ Fund held by the Foundation. If a restriction on such gift becomes unlawful, impracticable, impossible to achieve or wasteful, or if the release or modification of a gift restriction otherwise furthers the purposes of the gift as reasonably construed by the Foundation, then the Foundation may modify or release such restriction.

Caveat:

In virtually every case these provisions must be "tailored" to meet the specific situation of the donor. These are illustrative only; please consult your professional advisor.