Some of the most significant and important gifts to AAAS have come in the form of bequests included in donors' wills. They provide funding for the association generally as well as for particular programs, fellowships, lectures, and awards.
Charitable bequests to AAAS have several advantages:
- You can designate a bequest to AAAS in support of all of its programs and activities or to a particular program or area that is meaningful to you.
- Bequests are deductible for estate tax purposes and may have significant tax benefits.
- A bequest to AAAS is a wonderful way to create a legacy in your name or for a loved one.
If you wish to support a particular program or create a new fund or endowment, please contact the Development Office in advance so that we can ensure that your explicit intentions can be carried out. In some cases, we may prepare a Memorandum of Understanding articulating what the gift will support and how it will be administered.
How can I make a bequest to AAAS?
A charitable bequest is a distribution from your estate through your last will and testament to a charitable organization. Adding a bequest for AAAS can be done through a simple codicil reflecting the "American Association for the Advancement of Science" as the named beneficiary.
Some common kinds of bequests and bequest language appear below. We recommend that you consult your attorney before including this or other language in your will.
General Bequests are made by designating a specific dollar amount, a particular asset or a fixed percentage of your estate to the cause of your choice.
"I give, devise, and bequeath to the American Association for the Advancement of Science, Washington, DC, the sum of $________(or a description of the specific asset), for the benefit of the American Association for the Advancement of Science and its general purposes."
Specific Bequests are made when a particular item or property is bequeathed for a designated purpose.
"I give, devise, and bequeath to the American Association for the Advancement of Science, Washington, DC, the sum of $_______ (or a description of a specific asset), for the benefit of the American Association for the Advancement of Science to be used for the following purpose: (state the purpose). If at any time in the judgment of the trustees of the American Association for the Advancement of Science it is impossible or impracticable to carry out exactly the designated purpose, they shall determine an alternative purpose closest to the designated purpose."
Residuary Bequests are made when you intend to leave the residue portion of your assets after other terms of the will have been satisfied.
"All the rest, residue, and remainder of my estate, both real and personal, I give to the American Association for the Advancement of Science, Washington, DC, for its general purposes."
Contingency Bequests allow you to leave a portion of your estate to a particular charity if your named beneficiary does not survive you.
"I devise and bequeath the residue of the property, real and personal and wherever situated, owned by me at my death, to (name of beneficiary), if (she/he) survives me. If (name of beneficiary) does not survive me, I devise and bequeath my residuary estate the American Association for the Advancement of Science, Washington, DC, for its general purposes."
If you would like more information about making a gift to AAAS through a bequest, please contact Juli Staiano, Director of Development. Donors who provide for AAAS through their wills or other charitable plans will be highlighted among the members of our 1848 Society, unless you prefer to remain anonymous.