Anyone can have bequests of this type added to their existing will at nominal cost without disturbing the existing estate plan. Please consider adding to your will a contingent or residual bequest clause naming the RIC Foundation. A will should always be drawn by or with the advice of an attorney. A will must not only be clear, but executed to meet all legal state requirements. This web site is intended only to provide general information for those who may wish to make a gift for the benefit of Rhode Island College through their will.
Unrestricted bequests are always welcome.
At the discretion of the Foundation's trustees they may be expended for any immediate and pressing need approved by the College or reserved for future use. Such a bequest creates a permanent endowment fund. The fund can be named for the donor or for someone he or she designates. Income from the fund is available only for the stated purpose. Investment of the fund is the responsibility of the Foundation's Investment Committee.