Bequests to PCO Bequests to PCO For many donors, a bequest is the most significant gift they can make to the College. A bequest removes assets from the donor's estate and reduces its exposure to federal taxes. Bequests and other expectancies, which can be revoked by the donor if financial or other personal circumstances change provide a solid foundation for the future.
Bequests take various forms.
These can be restricted to meet a need at the College as specified by the donor. Common restrictions include endowing scholarships, professorships, lectureships, and book funds.