Planned Giving

Include UB in Your Planned Giving and Estate Planning

ub_counseling_services_091027_023Campus_w_v2Some individuals may choose to support the University through a planned gift instead of or in addition to making a contribution of cash. You are encouraged to speak with your financial advisor about which method is best for you. When you are ready to speak with someone from UB about your decision or if you have questions, please contact Mary-Jane Foster, Vice President for University Relations at 203-576-4696 or


By remembering UB in your will, you may be able to secure a charitable estate tax deduction for the value of the gift. A bequest can include a specific amount or property or can be a percentage of the overall value of the estate. Best of all, you will know your generosity will benefit UB for years to come and leave a lasting legacy.

Income-Generating Gifts

Life-income gifts, such as gift annuities, charitable remainder trusts, and pooled income funds can provide you with an income stream and significant tax savings as well as the satisfaction of contributing significant amounts to UB over time.

Charitable Lead Trust

Transferring property to both UB and individuals you wish to benefit is not always an either/or proposition. A lead trust allows for you to place an asset in trust and provide income for UB over a period of time. When the trust is terminated, the asset returns to the original donor family member. Lead trusts make it possible to minimize taxes while transferring assets to family members and at the same time contributing a substantial amount of the income to UB.

Retirement Plans or Life Insurance Policy

You can easily name the University as a beneficiary of a life insurance policy or retirement plan, such as an IRA, 401(k), or 403(b). Simply complete a beneficiary designation form with your insurance policy provider or with the administrator of your retirement plan. Both can be done at no cost. UB can be designated as a partial, whole, or contingent beneficiary, while UB’s tax-exempt status enables assets to pass free of estate tax to the University.

Real Estate and Gift of Property

Appreciated real estate assets provide donors with the ability to make a significant gift while receiving a charitable income tax deduction and escaping potential capital gains tax liabilities. Donors may choose to gift real estate outright, through a life-income arrangement or retained life estate. Some donors may choose to gift books, art, or antiques to the University to be used for educational purposes. In most cases, the donor is eligible for a charitable income tax deduction equal to the fair market value of the gift.