How to Make a Planned Gift
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How to Give

Gifts of appreciated securities

Give a gift of appreciated assets including mutual funds, stocks, or bonds, and you will get a charitable deduction for the full amount of your gift and avoid capital gains tax, while delivering an immediate benefit to the University of Hartford.

See instructions to transfer stock.

Charitable IRA rollover

As a permanent part of the tax code, if you are age 70½ or older you can make direct transfers of the required minimum withdrawal from your traditional or Roth IRA in amounts up to $100,000 tax free, while delivering an immediate benefit to the University.

Retirement plan assets

Naming the University of Hartford as a beneficiary on a qualified retirement asset such as an IRA, 401(k), or 403(b) eliminates income and estate tax, making your gift go further.

Gifts from your will

Bequests are simple—you can leave the University of Hartford an unrestricted gift or name a restricted purpose such as scholarship or a specific school within the University. You may choose to leave an outright dollar amount or a percentage remainder of your estate after you provide for your heirs.

See sample bequest lanaguage.

Charitable gift annuities

By making a life income gift now with cash, or by disposing of underperforming assets such as stocks, CD’s or bonds, a charitable gift annuity can provide a quarterly income stream for you or another person for life, and offers additional tax benefits.

Trusts

Trusts can offer significant tax savings as well as avoidance of capital gains, and they help retain family assets for the future. Charitable lead trusts provide income that can be gifted now, with the balance passing to your heirs later. Charitable remainder trusts provide you with a current income stream, with the balance passing to the University in the future.

Life insurance

Make a future gift by naming the University as a beneficiary of an existing life insurance policy. You can also donate a paid-up policy now delivering an immediate benefit to UHart, or create a new one naming the University as both owner and beneficiary.

Gifts of real estate and personal property

A gift of real estate or other high-value tangible personal property, such as artwork, musical instruments, or heirloom jewelry, allows for an immediate income tax deduction as well as avoidance of capital gains and reduction of estate tax. With prior approval from the University, you may also leave such items in your will.

Donor-advised fund designations

If you already make annual gifts through a donor-advised fund, consider designating a percentage of the balance to pass directly to the University at termination.

To learn more about any of the above options, please contact Lauren Parda, director of planned giving, at 860.748.2415.

DISCLAIMER
The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisors concerning the specific consequences of making gifts to the University of Hartford. We would be pleased to discuss, in confidence, ways in which you may support the University. These measures may also have an impact on your estate planning.