UPR Foundation
UPR Foundation
Ways to Give
Ways to Give
Here are some ideas to consider when contemplating a gift to the UPR Foundation.
Here are some ideas to consider when contemplating a gift to the UPR Foundation.
Annual and supplemental gifts during residency.
Annual and supplemental gifts during residency.
Gifts to the Foundation made on a regular annual basis, supplemented by other gifts made during residency, will provide funds for new projects, increase the Endowment Fund, and enhance the superior quality of life and care offered at University Place.
Gifts to the Foundation made on a regular annual basis, supplemented by other gifts made during residency, will provide funds for new projects, increase the Endowment Fund, and enhance the superior quality of life and care offered at University Place.
Gifts in celebration of special events.
Gifts in celebration of special events.
Consider a gift in celebration of a birthday, anniversary or other special event. Such a gift can be made to honor a friend, relative or even yourself.
Consider a gift in celebration of a birthday, anniversary or other special event. Such a gift can be made to honor a friend, relative or even yourself.
Memorial Gifts.
Memorial Gifts.
Many residents and some non-residents have chosen to contribute to the Foundation in memory of or in honor of another resident, a family member or a friend.
Many residents and some non-residents have chosen to contribute to the Foundation in memory of or in honor of another resident, a family member or a friend.
Consider a Planned Gift.
Consider a Planned Gift.
A “Planned Gift” is typically a gift arrangement created during your lifetime that provides benefits to the UPR Foundation that are deferred until a future time, usually after your death and/or the death of other income beneficiaries of the gift. Planned gifts often are made by donors as part of estate plans or financial plans, and generally require assistance of the donor’s tax or legal advisors. Planned gifts often provide substantial tax benefits to the donor while providing long term financial support to the UPR Foundation. There are many ways to structure planned gifts. Some of the many options for planned gifts are outlined below.
A “Planned Gift” is typically a gift arrangement created during your lifetime that provides benefits to the UPR Foundation that are deferred until a future time, usually after your death and/or the death of other income beneficiaries of the gift. Planned gifts often are made by donors as part of estate plans or financial plans, and generally require assistance of the donor’s tax or legal advisors. Planned gifts often provide substantial tax benefits to the donor while providing long term financial support to the UPR Foundation. There are many ways to structure planned gifts. Some of the many options for planned gifts are outlined below.
•GIFT OF ALL OR PART OF YOUR U P DEPOSIT REFUND
•GIFT OF ALL OR PART OF YOUR U P DEPOSIT REFUND
This is a simple gift from you to the UPR Foundation that takes effect upon your death. It requires that you sign a written “Assignment to UPR Foundation “ for all or part of your University Place deposit refund. The gift can be a specific amount or a percentage of the deposit refund. A gift of your deposit refund assures that your charitable wishes will be fulfilled with no risk of a change of lifestyle during your lifetime. In many cases, such a gift can reduce federal estate taxes.
This is a simple gift from you to the UPR Foundation that takes effect upon your death. It requires that you sign a written “Assignment to UPR Foundation “ for all or part of your University Place deposit refund. The gift can be a specific amount or a percentage of the deposit refund. A gift of your deposit refund assures that your charitable wishes will be fulfilled with no risk of a change of lifestyle during your lifetime. In many cases, such a gift can reduce federal estate taxes.
•GIFT BY WILL OR TRUST
•GIFT BY WILL OR TRUST
This too is a simple way for you to give to the UPR Foundation. It requires that you sign a will or trust that includes a charitable gift. You can designate a gift by amount or by percentage of your estate, and you can make the gift contingent on future events (for example, a gift to be made only after the death of you and your spouse). Gifts through wills or trusts also assure that your charitable wishes will be fulfilled with no risk of a change of lifestyle during your lifetime. In many cases, gifts by will or trust can reduce federal estate taxes.
This too is a simple way for you to give to the UPR Foundation. It requires that you sign a will or trust that includes a charitable gift. You can designate a gift by amount or by percentage of your estate, and you can make the gift contingent on future events (for example, a gift to be made only after the death of you and your spouse). Gifts through wills or trusts also assure that your charitable wishes will be fulfilled with no risk of a change of lifestyle during your lifetime. In many cases, gifts by will or trust can reduce federal estate taxes.
•GIFTS OF RETIREMENT ASSETS
•GIFTS OF RETIREMENT ASSETS
Many retirement accounts are funded with pre-tax dollars. When those assets are distributed, they are often subject to income tax. By giving part or all of an IRA or other retirement account to the UPR Foundation, you may reduce income taxes and federal estate taxes as well. Retirement assets may be transferred by a beneficiary designation form obtained from your plan advisor.
Many retirement accounts are funded with pre-tax dollars. When those assets are distributed, they are often subject to income tax. By giving part or all of an IRA or other retirement account to the UPR Foundation, you may reduce income taxes and federal estate taxes as well. Retirement assets may be transferred by a beneficiary designation form obtained from your plan advisor.
•GIFTS OF LIFE INSURANCE
•GIFTS OF LIFE INSURANCE
A paid-up life insurance policy can be a convenient and effective way of meeting your charitable goals in a much larger way than you thought possible. By naming the UPR Foundation as the beneficiary or contingent beneficiary on your policy, you can make a major gift sustaining the mission of the UPR Foundation and you may also reduce estate taxes, since the value of the policy is removed from your estate.
A paid-up life insurance policy can be a convenient and effective way of meeting your charitable goals in a much larger way than you thought possible. By naming the UPR Foundation as the beneficiary or contingent beneficiary on your policy, you can make a major gift sustaining the mission of the UPR Foundation and you may also reduce estate taxes, since the value of the policy is removed from your estate.
•CHARITABLE REMAINDER TRUST (CRT)
•CHARITABLE REMAINDER TRUST (CRT)
This type of gift allows you to place cash or property into a tax-exempt trust that pays you or another named beneficiary an annual income. You receive an immediate income tax deduction for the present value of the gift in the year the gift is made. At your death or at the end of a specific term of years, the remainder of the trust transfers to the UPR Foundation.
This type of gift allows you to place cash or property into a tax-exempt trust that pays you or another named beneficiary an annual income. You receive an immediate income tax deduction for the present value of the gift in the year the gift is made. At your death or at the end of a specific term of years, the remainder of the trust transfers to the UPR Foundation.
If you wish to discuss a planned gift for the benefit of the UPR Foundation, please contact Linda Firestone at (765) 714-0004 or culver41@aol.com. We look forward to meeting with you!
If you wish to discuss a planned gift for the benefit of the UPR Foundation, please contact Linda Firestone at (765) 714-0004 or culver41@aol.com. We look forward to meeting with you!