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Bequests (Gifts by Will) Please make bequests to the Arch Foundation for the University of Georgia, Inc. A bequest may be particularly attractive as a gift option if you are unable to make a current (outright) gift, but would like to contribute to the Arch Foundation in a meaningful way. Bequests may be restricted or unrestricted and will be used where need is greatest. "Specific" bequests are most common. You leave a specific amount of money, a specific asset, or a specific percentage of your estate to the Arch Foundation. "Residual" bequests go to the Foundation only after all debts, expenses, taxes, and other bequests have been paid. "Contingent" bequests are ways for you to contribute to the Foundation even if you have young children. The contingent bequest takes effect only when all other bequests fail. Example: "If my child should predecease me then I leave my entire estate to the Arch Foundation for the benefit of the unrestricted endowment fund."
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