What Is A Bequest To Salus University?


For many donors, a bequest is the most significant gift they can make to the University. 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 can be made to Salus University or PCO Foundation. These gifts can be designated to any program at the University. 

Bequests take various forms. Following are some samples of bequests for your consideration as you prepare your will:

Unrestricted General Bequest


A bequest that leaves the use of the funds or property up to the discretion of the University.

Example: I bequeath to Salus University, the sum of _________________ dollars for its general purposes.

Example: I bequeath to Pennsylvania College of Optometry Foundation, the sum of _____________ for its general purposes. 

Specific Bequest


Likely the most popular form of bequest where one can designate that the University would receive a specific dollar amount or piece of property. These can be restricted to meet a need at the University as specified by the donor. A bequest to the University can be restricted for use by a specific College within the University, such as the Pennsylvania College of Optometry.  Other common restrictions include endowing scholarships, professorships, lectureships, and book funds.

Example: I give ____________ (insert dollar amount or description of property) to 
Pennsylvania College of Optometry Foundation to establish the _______________ endowed scholarship at the Pennsylvania College of Optometry.

Example: I give ____________ to Salus University for use in its Occupational Therapy program. 

Bequest of Residual Estate


The type of bequest is used to give the designated charity all (or a portion thereof) of an estate, after all debts, taxes, expenses and all other bequests have been paid.

Example: I devise and bequeath to Salus University for use by the George S. Osborne College of Audiology, the residue of my estate owned by me at my death, real and personal, and wherever situate.

Example: I devise and bequeath to Pennsylvania College of Optometry Foundation for use by the Physician Assistant Program, the residue of my estate owned by me at my death, real and personal, and wherever situate. 


For More Information Contact
Lynne C. Corboy, 
Director of Development
215.780.1393
Fax 215.780.1396

lcorboy@salus.edu