UMF offers a range of charitable gift planning services to alumni, parents and friends. Planned gifts allow you to remember and to celebrate UMF in a meaningful way that may not have been possible otherwise. We can help you explore a host of gift options that will allow you and your family to make a great difference to present and future generations.

In return for a planned gift, donors and their families may receive important estate and income tax benefits and, depending on their gift, an attractive annual income stream for their life or the life of a secondary beneficiary.

Bequests
The most popular and easiest way to make a planned gift to UMF is to make a commitment through your will. A bequest may take a number of forms, including a specific amount or percentage of your estate. Upon request, sample testamentary language will be provided.

Retirement Assets
By naming UMF as the beneficiary or contingent beneficiary of your retirement plan assets, you can save estate tax and your non-spousal heirs income tax while making a significant impact on the University.

Life Income Gifts
A life income gift offers future support to the University while meeting a donor’s current financial needs by providing income specific to the donor and/or family members and a tax deduction in the year of the gift. Each life income plan has specific income, investment and tax advantages.

Life Insurance
You may transfer ownership of a paid-up policy you no longer need or use a new policy to name UMF as owner and beneficiary.

Gifts of Real Estate
If you own your own property that is fully paid off, an outright gift may be the simplest solution. You can deduct the fair market value of your gift, avoid all capital gains taxes and remove that asset from your taxable estate.

Frequently Asked Questions

The Kelsey Society
The Kelsey Society honors alumni, parents and friends who have made a planned gift to UMF.