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Bequest Information
Those who provide for New
Brunswick Theological
Seminary in their estate plan
become members of The
Livingston Society.
The Livingston Society is
named for Dr. John Henry
Livingston, the Seminary’s
first Professor of Sacred
Theology, appointed in 1784
and inaugurated May 19,
1785. It honors those who
follow Dr. Livingston’s faith,
leadership, and commitment
to the mission of the
Seminary by establishing a
planned gift to provide the
resources to prepare present
and future seminarians.
To discuss your bequest or
other opportunities for
planned giving, please call
our Development Depart-
ment at 1-800-445-6287
(NBTS).
The Livingston
Society
A Legacy of Faith
Phone: 732-247-5241
Fax: 732-545-0802
E-mail: cproctor@nbts.edu
New Brunswick Theological Seminary
17 Seminary Place
New Brunswick NJ 08901
Your Bequest
to
New Brunswick
Theological
Seminary
Three general types of bequests
Simple Bequest
A simple bequest leaves a specific dollar amount or
percentage of one’s estate. An example of the wording
for this type of bequest is:
“I do hereby give, devise, and bequeath to
New Brunswick Theological Seminary,
17 Seminary Place, New Brunswick,
New Jersey 08901-1196, the sum of $_____
(or _____% of my estate) to be used in support of its
mission to continue the ministry of Jesus in our time
and place by enabling people to translate their calling
and gifts into faithful Christian ministry.”
Residual Bequest
The residual bequest allows you to provide for loved
ones first, and then with residual or remaining funds
you may designate a bequest to the Seminary. An ex-
ample of the wording for a residual bequest is:
“ I hereby give, devise and bequeath to
New Brunswick Theological Seminary,
17 Seminary Place, New Brunswick,
New Jersey 08901-1196, all (or a percentage of) the
rest and remainder of my estate, after all of the above
bequests have been made, to be used in support of its
mission to continue the ministry of Jesus in our time
and place by enabling people to translate their calling
and gifts into faithful Christian ministry.”
A bequest is a special gift to the Seminary. It
signifies your final, heartfelt wishes that our
vital mission will continue. It ensures our
long-term financial security so that we can
continue to prepare seminarians for ministry,
and serve as a center for theological
education for the community. A bequest
touches and transforms countless lives as
our graduates go forth to live and teach the
Gospel message.
A bequest provides you with the knowledge
that you are doing God’s work. It also
provides your estate and heirs with
considerable tax advantages. All charitable
gifts are 100 percent tax-deductible.
Your bequest to the Seminary may include
gifts of cash, insurance, IRAs and pension
plan assets, real estate, stocks and bonds,
closely held stock or other assets. While
your bequest supports the overall mission
of the Seminary, you may restrict your
bequest to support a special program.
Restricted gifts may underwrite needs such
as scholarships, endowed chairs, and
special projects.
To discuss a restricted bequest, please call
the Development Director at 1-800-445-
6287.
Contingent Bequest
The contingent bequest is for those who
wish to provide for their living relatives.
However, if those relatives predecease
the donor, New Brunswick Theological
Seminary would inherit the estate.
An example of the wording for a
contingent bequest is:
“In the event that the above named
beneficiaries predecease me, I hereby
give, devise and bequeath my entire
estate to
New Brunswick Theological Seminary,
17 Seminary Place, New Brunswick,
New Jersey 08901-1196, to be used in
support of its mission to continue the
ministry of Jesus in our time and place by
enabling people to translate their calling
and gifts into faithful Christian ministry.”
A Bequest to New Brunswick Theological Seminary
This information is not intended to give legal advice.
We recommend you consult with your own legal or
financial advisors.
The Reformed Church in America is tax exempt
under Section 501 (c ) (3) of the Internal Revenue
Code. The General Synod of the Reformed Church in
America is the parent organization of the Reformed
Church in America. The New Brunswick Theological
Seminary, located in New Brunswick, New Jersey,
whose federal identification number is 22-1994554,
is a member subordinate organization of the
Reformed Church in America.
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