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The official legal bequest language for Park Nicollet Foundation is:
"I, [name], of [city, state, ZIP], give, devise and bequeath to Park Nicollet Foundation of St. Louis Park, Minnesota, the sum of $__________ dollars (or the following property___________ or ___________% percent of the rest and residue) for its unrestricted use and purpose to support the charitable purposes of Park Nicollet Foundation."
"I, (name), of (city, state, ZIP), give, devise and bequeath to Park Nicollet Foundation of St. Louis Park, Minnesota the sum of $________dollars (or the following property: ________or ________% percentage of the rest and residue) designated to (name of specific program or area) _________________ for its unrestricted use and purpose. In the event there is no longer need for the funds for (name of specific program) ____________ the funds may be used for other charitable purposes where the needs are greatest, keeping in mind the original objective."
Information for your legal counsel
Legal Name:Park Nicollet Foundation (incorporated in 1973)
Tax exempt under IRS: 501 (c) (3)
IRS I.D. Number: 23-7346465
Address: Park Nicollet Foundation, 6500 Excelsior Blvd, St. Louis Park, MN 55426
Telephone: (952) 993-5023
Copyright © Park Nicollet Foundation, All rights reserved.
The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.