A bequest, or a gift made through your will, allows you to designate New England Conservatory as the recipient of a particular asset, or of a share of your total estate. You can make a meaningful gift that will cost you nothing during your lifetime.
Making a gift through your will or estate plan is simple and flexible. Your assets remain in your control during your lifetime, and your will may be modified to address changing circumstances.
- Include NEC in your will or trust, or name NEC as a beneficiary of an insurance policy or retirement account.
- You may indicate a specific amount to be left to NEC, or a percentage of the balance remaining in your estate or trust. See your attorney to create or modify your will.
- Inform NEC so that we may acknowledge your gift (or you may remain anonymous) and ensure that your intentions are understood.
- You will be eligible to join other legacy donors in NEC's Tourjée Society.
You may specify how you wish your gift to be used, and NEC welcomes the opportunity to talk with you about how your gift can best support a particular program or interest. Please keep in mind that the needs of NEC change over time. We request that any specific purpose be stated as a preference, with the final determination to be made at the discretion of the trustees.
To include NEC in your will, please use the following suggested language.
To create an unrestricted bequest to New England Conservatory:
“I give, devise and bequeath to New England Conservatory, a nonprofit institution of higher education located in Boston, Massachusetts, [“the specific amount of ______” or “_____ % of my residual estate,”] for use in the area of greatest need as determined by the NEC Board of Trustees.”
To specify a gift for a particular purpose:
“I give, devise and bequeath to New England Conservatory, a nonprofit institution of higher education located in Boston, Massachusetts, [“the specific amount of ______” or “_____ % of my residual estate,”] for the purpose of [specify how bequest is to be used]. At the time this gift is received, if it is not possible for NEC to fulfill its stated purpose, I give the NEC Board of Trustees authority to apply the funds to an area of need that is as close to the original purpose of the fund as possible.”
To discuss the current minimum levels to establish an endowed fund and to determine the best fit between your interest and NEC's needs, or for more information about how to include a gift to NEC in your will, please e-mail Julia Olson or call 617-585-1185.