Institutional Advancement

Planned Giving

By taking advantage of the many avenues available for making planned gifts to an institution of higher learning, SUU's generous and thoughtful donors are able to provide meaningful and lasting contributions to the University, its pressing needs and its wonderful students. Planned gifts are typically gifts derived from securities and real estate, rather than income. Although these gifts are sometimes given outright to the University, they are more frequently constructed and given in a deferred form - later in life (inter vivos) or after the donor's passing (testamentary).

SUU invites those who may consider a planned gift to "Create a Legacy" and do their part to ensure that succeeding generations of SUU students will continue to enjoy the benefits of higher education for many decades to come. Donors should consult their financial advisors for tax advice.

Types of planned gifts include the following:

Bequest
A gift made through a will or living trust.
Charitable Remainder Trust
A type of tax-exempt trust which makes payments of a fixed sum to the donor for life and then provides the gift to the University at the time of death or a term-certain period (e.g. 20 years). Trust may avoid capital gains taxes and provide assets to the heirs. The donor may qualify for a substantial charitable tax deduction.
Charitable Lead Trust*
This trust is fashioned as the exact opposite of the Charitable Remainder Trust (above). With a Lead Trust, the donor retains ownership of the asset and donates the income generated from the asset to SUU. After a term certain period, all income reverts back to the donor and his/her beneficiaries. This trust benefits the University in the near term while ultimately providing a tax-favored inheritance for their loved ones.
Life Estate Agreement*
A situation in which a donor gives a home or farm to the university, retaining the right to live on the property for life. A significant portion of the fair market value of the property may apply as a charitable tax deduction.
Life Insurance
Allows the donor to make small current donations, resulting in a large endowment to the university at a future date. Premium payments are normally tax deductable.
Charitable Gift Annuity
This gift generates immediate monthly or quarterly income for the donor similar to a life insurance annuity, but with the added benefit of a substantial charitable tax deduction in the year the Gift Annuity is created. Many senior donors will also be surprised to find that the gift annuity income is higher than income from a regular (non-charitable) life insurance annuity policy.

*NOTE: Charitable Lead Trusts and Life Estate Agreements may have never been more attractive from a tax-planning standpoint, as they are today. Estate tax uncertainties and increasing real estate prices add appeal to these gift options. SUU development staff will be happy to discuss these and other planned giving choices with you and answer any questions.

Contact the Advancement Office for more info

| Give Now | Institutional Advancement |

Note: This site is accessible to any browser, although, it will look much better in a browser that supports web standards.
To view this page properly, please upgrade your browser. We recommend:
Mozilla Firefox (PC/Mac/Linux download)
Opera (PC/Mac/Linux/Solaris download)
Safari (Mac download)