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A beneficiary designation gift is a simple and affordable way to make a gift to support the Foundation.  You can designate the Foundation as a beneficiary of a retirement, investment or bank account or your life-insurance policy.

A beneficiary designation gift allows you to:

• Continue to use your account freely as long as you need it.
• Simplify your planning and avoid expensive legal fees.
• Reduce the burden of taxes on your family (in the case of IRA assets).
• Receive an estate-tax charitable deduction.

How a beneficiary designation works:

• To make your gift, contact your broker, banker or insurance agent to ask for a copy or a link to the new beneficiary designation form.
• Complete the beneficiary designation form you receive, sign it and return it to your broker, banker or agent.
• When you pass away, your account or insurance policy will be paid or transferred to the Foundation for 91�ֿ� Tuscarawas.

A charitable bequest is one of the easiest and most flexible gifts to make.  With the help of an advisor, you can include language in your will or trust specifying a gift to be made to the Foundation for 91�ֿ� Tuscarawas.

A gift can be made in several ways:

• Percentage bequest – Make a gift of a percentage of your estate.
• Specific bequest – Make a gift of a specific dollar amount or a specific asset.
• Residual bequest – Make a gift from the balance or residue of your estate.

A bequest to the Foundation for 91�ֿ� Tuscarawas can help your estate save taxes by providing it with a charitable deduction for the value of the gift.  With careful planning, your family can also avoid paying income taxes on the assets they receive from your estate.

If you are age 70.5 or older, you can make a tax-free gift from your IRA directly to the Foundation; if you are age 73 or older this will also satisfy your required minimum distribution. This is a simple and popular way to support without reducing your current cash flow and could lower your taxes.

Establishing a donor advised fund is another way to incorporate charitable gifts into your estate plan. A donor advised fund is a charitable giving technique which is established during your life and administered by a third party and which is created for the purpose of managing charitable donations on your behalf. 

Donating securities that have increased in value directly to the Foundation allows you to possibly avoid capital gains taxes and maximize your charitable deduction.

When an endowment gift, typically to establish a scholarship, is made to 91�ֿ� Tuscarawas, the principal is preserved in perpetuity. Only investment income from endowment may be used toward the endowment's established purpose. Therefore, endowment funds are never depleted and are preserved for continuous use to maintain and enhance educational excellence at 91�ֿ� Tuscarawas.

The Advancement Department will work with you to design a gift that matches your interests and vision with the needs and mission of the University. Whether your interest in 91�ֿ� Tuscarawas is with a specific program, department or is focused on assisting future generations of our students, we will tailor your endowment to assure the greatest possible benefit to all participants.

Endowments may be established through a single gift, a series of gifts or through a bequest or other form of planned gifts. Recognition for endowment donors are arranged appropriately by endowment type and level of support.

Note: Minimum support level for various types of endowments may be established. These support levels are based on expected return on investment and the use of the endowment income.

Giving appreciated real estate, such as a home, vacation property, undeveloped land, farmland, a ranch or commercial property can make a great gift to the Foundation for 91�ֿ� Tuscarawas. You’ll avoid paying capital-gains taxes on the sale of the real estate, receive a charitable income-tax deduction based on the value of the gift, and leave a lasting legacy to the Foundation for 91�ֿ� Tuscarawas. Contact Chad Conrad to learn more about real estate gift options.

On this website we’ve listed some of the most common types of gift options. However, there may be other ways to give that better meet your needs. We would be happy to discuss other possible solutions with you. Please contact us!

The 1968 Legacy Society has been established to recognize individuals who have remembered the Foundation through any of a number of planned giving vehicles. By joining the society, friends provide 91�ֿ� Tuscarawas with the means to continue supporting our mission and dedication to our community. The society was named for the year the campus was founded.