Planning Today So You Can Give Later
Sometimes it's difficult to be as charitable as you want to be when your budget is tight and the future is uncertain—after all, your family comes first. But by utilizing your long-term plans, you can make a gift to OHSU Foundation that will benefit our future without affecting your income today. Here are three ways to make your gift:
- A gift in your will or revocable living trust. Known as a bequest, this form of giving is accomplished simply by including a few sentences in your will or living trust. If you've already created your will, your estate planning attorney can easily make an amendment to your will, called a codicil.
Thank you for considering a gift to OHSU through your will or revocable living trust.
It is important that the bequest designation read "OHSU Foundation." The foundation has been established to receive, manage, and disperse funds in the best way possible for the benefit of OHSU.
Basic Sample Bequest Language
"I hereby give, devise and bequeath ________ (a specific dollar amount or percentage of the residue of my estate) to the Oregon Health & Science University Foundation, a non-profit corporation of the State of Oregon, to be used to further the purposes of the Oregon Health & Science University in the area of greatest need."
If you wish to direct your gift to a specific area, we would be happy to help you with appropriate language. Please contact the Gift Planning Department at 503-228-1730 or 800-462-6608 or email@example.com.
Oregon Health & Science University (OHSU) Foundation (Tax ID # 23-7083114)
1121 SW Salmon Street, Suite 100
Portland, OR 97205-2020
|There are many different ways to make a bequest. Find the one that works for you by downloading our free bequest guide.|
- A gift of a percentage of your retirement plan assets. One of the most tax-wise ways to support our mission after your lifetime is to name OHSU Foundation as the primary or contingent beneficiary of a portion of your retirement plan. (The portion that you leave to family members could eventually be taxed at rates up to 39.6 percent, and even higher if estate taxes are assessed, whereas charitable organizations such as OHSU Foundation receive your gift without owing taxes.)
|Download a free eBrochure to learn more about the tax benefits of leaving retirement plan assets to charity.|
- A gift of a percentage of your life insurance death benefits. You already know you can use life insurance to make sure your family is financially secure if anything should happen to you. But did you know you can meet this goal while also using a portion of your policy to benefit our work?
Consider naming OHSU Foundation as a partial beneficiary for a percentage of your policy, while retaining ownership of the policy (and thus the right to change the beneficiary designation at any time during your life). For example, you might consider designating 90 percent of the death benefit to your family and the remaining percentage to OHSU Foundation.
|Gifts of life insurance can take many forms. Learn more about how this type of gift could work for you by downloading our free guide.|
Want to learn more about these simple and smart ways to extend your support of our work? Contact Office of Gift Planning at Toll Free 800-462-6608 or 503-228-1730 or firstname.lastname@example.org.