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Living Legacy Giving

Planned Gifts

Determining what type of gift is right for you is as important as making the gift itself. Donations to the College of Education and Human Services (COEHS) at UW Oshkosh don’t have to be immediate, since there are many opportunities for planned giving. Planned giving options range from a simple bequest to a more complex trust arrangement.

All planned gifts can be directed to benefit specific COEHS projects or initiatives. For more information about planned giving, contact Janice Stark.

Bequests

One of the most rewarding types of planned gifts is that of a bequest — a gift made in a will. A bequest allows you to retain full ownership and use of your assets during your lifetime, but ensures that your designated assets will be distributed to the College of Education and Human Services in accordance with your wishes.

A bequest generally takes one of three forms:

  • Specific percentage of an estate

  • Specific dollar amount

  • Specific item (i.e. a work of art or a book collection)

All forms of bequests can be either restricted or unrestricted. Restricted bequests are designated for a specific purpose or initiative, while unrestricted bequests provide the college with the greatest flexibility to use the funds where most needed. Bequests also are deductible against federal estate taxes and state inheritance taxes in most cases.

Sample Bequest Language

COEHS staff would be happy to assist you and your attorney in developing a bequest that best suits your needs and interests. We offer the following sample language as a starting point:

Start with:

Bequest of a specific percentage: I give and devise ___ percent (___%) of my residuary estate to the University of Wisconsin Oshkosh Foundation, Inc., in Oshkosh, Wisconsin, to be used …

Bequest of a specific dollar amount: I give the sum of ___ dollars ($___) to the University of Wisconsin Oshkosh Foundation, Inc., in Oshkosh, Wisconsin, to be used…

Bequest of a specific item: I give my ________, if I should own it/them at the time of my death, to the University of Wisconsin Oshkosh Foundation, Inc., in Oshkosh, Wisconsin, to be used…

End with:

Unrestricted bequest: … for its general charitable and educational purposes.

Restricted bequest: … to establish, or if already established, to be added to, the ________ Fund for the support of [specify].

(or) … for the support of [specify].

Life Insurance

A life insurance gift can produce substantial benefits for a relatively small investment. There are many ways that you can give through life insurance:

  • Give a policy that you already own

  • Assign the dividends as a gift

  • Name the College of Education and Human Services as a beneficiary

In addition to estate tax benefits associated with life insurance contributions, you also may gain an income tax deduction through donation.

Charitable Lead Trust

Through a charitable lead trust contribution, you can provide an income amount to COEHS for a period of years, at the end of which the principal reverts to you or passes to other members of your family. There are often significant estate tax benefits that you may reap as well.

Charitable Remainder Trust

A charitable remainder trust allows you to make an irrevocable transfer of assets to the college and, in return, receive a lifetime income interest for specified beneficiaries. Thereafter, COEHS receives the assets representing the gift.

Making a donation through an investment allows you to enjoy the income from your asset during your lifetime and take a charitable tax deduction at the time you make the gift.

Rose Legacy Society 

The Rose Legacy Society is named after Rose C. Swart, a true leader in education who served on the Oshkosh Normal School faculty for 51 years.

Those who establish a planned gift to UW Oshkosh are recognized by the Rose Legacy Society. When you leave the College of Education and Human Services in your will you are entitled to receive a Rose Legacy Paperweight. Complete the Rose Legacy form today and mail to COEHS.

If you have named COEHS as the beneficiary of a bequest, insurance policy, charitable lead or remainder trust, COEHS would be happy to welcome you as a member.

 

Questions?

Janice StarkPlease contact Janice Stark at (920) 424-3380
or starkj@uwosh.edu.

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