Gift Planning Types of Giving Annual Major Planned Blended - PowerPoint PPT Presentation

Gift Planning

Types of Giving • Annual • Major • Planned • Blended

Office of Gift Planning Our goal is to benefit the University of Wisconsin – Madison by assisting those who are interested in providing financial support to UW via one of our gift planning vehicles.

The Importance of Gift Planning 2014 $83.1 MM (23%) New Def. Pledge 2013 $50.8 MM (27%) Amounts and Received Irrevocable Gifts 2012 $85.3 MM (45%) 2011 $35.5 MM (22%) New Outright Gifts/Pledges to UWF 2010 $11.4 MM (12%) 0 50 100 150 200 250 300 350 400

Purpose of Gift Planning • Establishing a lasting legacy at the university • Maximize the results of charitable giving • Exchange gift for income • Lower taxes  Income tax deductions  Reduction in gains tax

Types of Planned Gifts • Bequests & other revocable gifts • Life income arrangements • Gifts of real estate and other property • Blended gifts

Bequests • Gifts made through a will, trust, or other provision in an estate plan • Specific language is necessary • Bequests are the most popular form of planned gift

Bequest Language Specific will language is needed, but customized wording can be provided: “I hereby give, devise and bequeath to the University of Wisconsin Foundation , a nonprofit, non-stock Wisconsin corporation with its principal office in Madison, Wisconsin, _______ of the rest, residue, and remainder of my estate to be used for ___________ at the University of Wisconsin- Madison…”

Other Revocable Gift Options • Retirement Plans • Investment Accounts • Life Insurance Policies Note: must be gifted to the University of Wisconsin Foundation!

Life Income Arrangements • Fixed or variable payment options • Can offer immediate payment or be deferred • Can benefit one or more beneficiaries • Often offer tax advantages • Some gift arrangements can begin with a gift of $10,000  There is no maximum gift level

Gifts of Real Estate and other Property While some restrictions apply, real estate and other property can be given as charitable contributions. • Personal residences • Farms • Rental properties • Etc…

Blended Gifts Outright gift(s) during donor’s lifetime + Legacy gift through donor’s estate = Huge impact + Ability to see that impact during lifetime

This Does Not Need to be Confusing!!! Remember: Many gift options exist – we are here to help find an option that fits your goals.

Sharing your Intentions • Information will be held as anonymously as you would like. • Any information shared is non-binding. • Recording your intentions ensures the gift will be directed appropriately when received many years from now.

Thank You! For more information: http://www.supportuw.org uwf@supportuw.org (608) 263-4545