Designating the Oregon State University Foundation in your will or trust is a simple, direct method of leaving a legacy at OSU. Bequests can be of any size, and you can bequeath cash, securities, or property. This type of gift can also reduce your estate tax liability. Contact us for specific bequest language and to make sure the OSU Foundation has documentation that explains how you want your gift to be used. View suggested bequest language.
“Making a retained life estate gift was the smartest and the luckiest thing we ever did.”Pete deLaubenfels ’62, ’64
—Corvallis, OR
You can donate your home, farm, or other property to the Oregon State University Foundation while still retaining the right to live in or use the property for the rest of your life. This gift can qualify for a partial income tax deduction and reduce probate complications and estate taxes. After your lifetime or that of your spouse, your property will provide generous support for Oregon State University.
Some donors can make the most of their retirement plans by designating the OSU Foundation as the beneficiary. Heirs receiving retirement plan assets via a bequest are sometimes taxed at a rate that can leave them as little as 30 cents on the dollar. The OSU Foundation, a nonprofit organization, is not required to pay tax on IRA proceeds, allowing the full amount of the fund to benefit the OSU program you choose. During your lifetime, you still retain control of the plan. This gift can also help reduce estate and income taxes for your heirs.
For more information or to begin planning your gift, please contact:
Gift Planning
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Or contact us by phone: 800-336-8217