The trustee shall distribute/I hereby bequeath...
[insert amount, percentage of the estate, or "the rest and remainder of my estate"] to the UC San Diego Foundation, a not for profit corporation (Tax ID#95-2872494), located in La Jolla, California, to establish a current use fund for the benefit of ________________________________. The current use fund shall be administered by the Vice Chancellor for _______ at the University of California, San Diego. If, in the judgment of the Chancellor, changed circumstances should render the designated use of this gift inappropriate, then the Chancellor shall use the gift to further the mission of the University of California, San Diego giving consideration to my expressed interest.
The trustee shall distribute/ I hereby bequeath...[insert amount, percentage of the estate, or "the rest and remainder of my estate"] to the UC San Diego Foundation, a not for profit corporation (Tax ID#95-2872494), located in La Jolla, California, for the purpose of creating an endowment fund known as the NAME OF FUND ("Fund"). I direct the Fund to provide ____________________________________. The Fund shall be administered by the ________________________________. I understand that the Endowment Spending Policy, set from time-to-time by the UC San Diego Foundation's Board of Trustees, will determine the payout made available for the designated purpose each year. The total return earned by the Fund in excess of the payout, if any, will be retained in the principal of the Fund to protect the Fund from the effects of inflation and to allow for growth. Furthermore, I authorize the addition of the payout back to the Fund's principal when the payout is not needed for the aforementioned purpose. I authorize the UC San Diego Foundation, pursuant to its Endowment Investment Policies and Guidelines and the Uniform Prudent Management of Institutional Fund Act (or any subsequent laws or regulations), to combine my gifts with other endowment funds for investment purposes and to deduct any annual costs of administration from the Fund's total return. I also approve and encourage additions by others to the Fund and request that these additions be added to the Fund's principal. I understand the university's administrative fee in effect at the time my gift is received, will be applied as is the standard for all charitable gifts. This Fund will exist in perpetuity. I understand that unforeseen circumstances, some time in the future, may cause the Chancellor of UC San Diego to re-designate the use of the payout from the Fund. I strongly urge the Chancellor, if such circumstances do arise, to take into consideration my expressed wishes as to the designated purpose that I have described above and to align any new purpose as closely as possible with my designation.