| Planned Giving |
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| Major Gifts & Planned Giving |
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Gifts of this kind are a mechanism for a donor to give an extremely generous major gift without an immediate impact on their cash or investments.
Such gifts require planning on the part of the donor. Usually these gifts are not actually realized by the institution until after the donor's lifetime or a term of many years after the gift is made. The University will most often benefit from a planned gift some time in the future.
The most common forms of planned giving are through these vehicles:
- Bequest (leaving a gift in your Will)
- Life Insurance (naming the University as the beneficiary)
- Real Estate
- Marketable Securities
- Retirement Plan Assets (designating the University in the event of your death)
There are more complex gift planning instruments that require sophisticated document preparation and are used to expand the donor's horizons and provide benefits that often enable the donor to make a much larger gift than originally anticipated:
- The Charitable remainder Annuity Trust
- The Charitable Remainder Unitrust
- The Charitable Gift Annuity
Donors who wish to use gift planning to provide the University with income should contact the Division of Institutional Advancement (IA) for counseling and direction with respect to their intentions.
