Search For My Custodian:
| IRA web page | ||||||||
|
Notify us of your beneficiary designation gift
If you check the box in this area, a module will open where you can enter your name and email to notify us of your beneficiary designation gift.
|
||||||||
|
|
||||||||
|
Thank you for considering a beneficiary designation gift to us. The website link will take you to your retirement plan custodian's website, where you may be able to log in and include Ohio University as a designated beneficiary. Another option is to use the phone number to call your retirement plan custodian. They will assist you in updating your beneficiary designation. If you would like to notify us of your generous beneficiary designation, please complete the Notify us of your Beneficiary Designation section.
|
||||||||
| Your Name | ||||||
| Your Address (Street or P.O. Box) | ||||||
| Your ZIP | ||||||
| Notify us of your IRA gift | ||||||
|
||||||
| Thank you for considering a IRA gift to us. A sample letter is available to send to your DAF provider. You may save and print the PDF of your letter. If you have email contact information for your DAF provider, you may send a PDF copy of your DAF letter or you may copy and paste the text into an email. You will need to enter the amount of your recommended grant and your DAF account number on the letter before mailing. If you would like to notify us of your generous gift, please complete the Notify us of your DAF Gift section. | ||||||
Beneficiary Designation Gifts
The Ohio University Foundation can be named the beneficiary of your IRA, 401k, 403b, or other tax-deferred plans. An individual inheriting these types of assets would be subject to considerable taxes; however, The Ohio University Foundation can receive these assets without incurring income or estate taxes. You can also include OHIO as a beneficiary of your life insurance policy
(IRA/Investment)
Benefits of a beneficiary designation gift
- Maintain use and control of assets for lifetime
- Simplify your planning and avoid expensive legal fees
- Eliminate income taxes as The Ohio University Foundation is tax exempt
- Reduce tax burden on family
- Receive an estate tax charitable deduction
- Designate your gift as you desire
How a beneficiary designation gift works
- To make your gift, contact your custodian, broker, banker or insurance agent for a new beneficiary designation form.
- Complete the form by naming The Ohio University Foundation, Tax ID number 31-6402269 as a beneficiary, signand mail the formback to your broker, banker or insurance agent.
- Make our office aware of your intentions by providing a copy of the beneficiary designation form, and completing any gift designation paperwork necessary.
- Your gift will be transferred to The Ohio University Foundation consistent with the beneficiary designation, avoiding the probate process.
Important considerations for your future
If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment or bank account and continue to freely use your account. You can also change your mind at any time in the future for any reason, including if you have a loved one who needs your financial help.
Contact us
If you have any questions about leaving a beneficiary designation gift to us, please contact us. We would be happy to assist you.
If you have already designated us as a beneficiary of an asset or as part of your estate plan, please let us know. We would like to recognize you and your family for your gift.
Thank You
Your message has been sent.