Planned Giving

Consider a Planned Gift to Marywood

By making a planned gift to Marywood, you can make a significant impact on the University while receiving financial and tax benefits for you and your family. We can assist you by developing a gift plan that meets your financial and philanthropic goals. Planned giving has many benefits, including:

  • Receiving a lifetime income
  • Obtaining a sizable income tax charitable deduction
  • Avoiding up-front capital gains tax
  • Making a significant gift to Marywood University

Gifts by Will or Revocable "Living" Trust

The most common form of deferred gift to support Marywood is a bequest contained in a person's will or revocable (living) trust. The following language is an example of how a bequest to benefit Marywood may be worded:

I give, devise, and bequeath to Marywood University, $___ (or ___% of my estate) to be used at the discretion of the Board of Trustees.

All the residue of my estate, including real and personal property, I give, devise and bequeath to Marywood University to establish ___ (i.e. John and Jane) endowed scholarship.
If you are planning to make us one of your beneficiaries, we encourage you to tell us now. That way, we can help you obtain the greatest possible satisfaction from your gift.

Benefits

  • Provide for your family after your death.
  • Distribute your assets according to your wishes.
  • Save on estate taxes with proper planning.
  • Leave a legacy without giving up assets.

Other Types of Planned Gifts

Retirement Plans

Name Marywood as a primary or contingent beneficiary of a retirement plan (e.g. IRA, SEP, 401(k), 403 (b), ESOP, etc.).

Life Insurance

You can name Marywood as a primary or contingent beneficiary of a life insurance policy.

Real Estate

A gift of real estate may be a principal residence or vacation home, a farm, a commercial building, a subdivision lot, or unimproved land. The gift may be the entire property or a fractional interest in the property.

Retained Life Estate in Property

You may generate a current income tax deduction by giving a home or farm to Marywood, while retaining the right to use the property during your lifetime. The property will also be removed from your taxable estate.

Gifts-in-Kind

Some gifts require appraisal or advance approval in order to be accepted. Examples of gifts of property include tickets to athletic events, rare books, art works, computer hardware and software, and laboratory equipment.

Gifts of Securities

Gifts of appreciated stocks, bonds, or mutual funds held for more than one year can provide special tax advantages. Closely held stock, S corporation stock, limited liability company interests, and partnership interests can sometimes be used to make a charitable gift.