Legal Name: Peddie School

Peddie's Tax ID: 21-0634492

Date of incorporation: June 23, 1879

Address: 201 South Main Street, Hightstown, NJ 08520-3349

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Sample Bequest Language

Specific bequest: Name Peddie to receive a specific dollar amount from your estate:

I give and devise to Peddie School, a nonprofit corporation located in Hightstown, New Jersey, the sum of ______ Dollars ($ ______) to be used for its general support, as the school's Trustees shall determine to be in the best interests of Peddie School (or for the support of a specific program or fund, such as faculty support).

Residuary bequest: Name Peddie to receive a percentage of the remainder of your estate -- or your entire estate -- after other bequests and estate expenses and taxes have been satisfied:

I give and devise to Peddie School, located in Hightstown, New Jersey, _______Percentage (____%) ( or all) of the residue of my property and estate, to be used for its general support, as the school's Trustees shall determine to be in the best interests of Peddie School (or for a specific use, such as faculty support or financial aid, or for a specific academic program, such as the Arts Department).

Endowment Fund, unrestricted: If you wish to provide in your will for the creation of an endowment fund for the school's unrestricted use, then the following endowment language is required as one of the terms of the gift in your will:

I give and devise to Peddie School, a nonprofit corporation located in Hightstown, New Jersey, the sum of Twenty-Five Thousand Dollars ($25,000) or the amount the school's Trustees will have established as of the date of my death to be the minimum gift amount for an endowment fund at Peddie, to be used to create the (name of donor or honorees) Endowment Fund for the school's general support, as the Trustees determine best accomplishes the educational mission of Peddie School.

Endowment Fund, restricted in use: If you wish to provide in your will for the creation of an endowment fund for a specific use, such as faculty support or financial aid, or for a specific academic program, such as the Arts Department, then the following endowment language is required as one of the terms of the bequest intention:

If, as a result of changed conditions in the future, the income from this Fund shall not be needed for the purpose set forth above, or if this use is no longer practicable, then the Trustees of Peddie School are authorized to use the income for such other purposes as are as nearly as possible akin to the original purpose as in its judgment will help advance the aims of Peddie School.

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