Planned gifts, such as bequests or charitable trusts, can be an advantageous way to provide for a future gift to make a difference for students and programs at Radford University. You can take care of yourself and take care of Radford.
Planned giving involves providing for a future gift to Radford University through your financial and estate plans. Our university welcomes gifts made through different planned giving arrangements. These arrangements can:
We have highlighted below some different types of planned gifts and various assets to give, but you can learn more by visiting https://radford.giftlegacy.com.
Choosing the right planned gift depends on your personal circumstances and financial goals.
You may make a bequest or gift through your estate by including a provision in your will or living trust, or by naming Radford University as a beneficiary of a retirement plan or life insurance policy. The amount left to the university can be expressed as a dollar amount or as a percentage of the assets to be given.
A life income gift allows you to give assets to Radford University while providing yourself or others with income for a period of time before Radford University is permitted to use your gift. You may make a life income gift by transferring securities, cash, or other property to Radford University or a trustee. The university or trustee then manages the investment of the assets and pays an income to you, your designated beneficiaries, or both. Income payments continue for the beneficiaries' lives or, in some cases, for a term of up to 20 years.
There are several types of life income gifts available at Radford University:
In exchange for an outright gift, Radford University agrees by contract to pay a fixed amount each year to you and/or another beneficiary for life.
You establish a trust from which you and/or other beneficiaries receive variable annual payments for life and/or a term of years. At the end of the term, the remainder of the trust assets go to Radford University for the purposes you designate.
You establish a trust from which you and/or other beneficiaries receive annual payments of a fixed dollar amount for life and/or a term of years, after which the remainder of the trust assets pass to Radford University for the purposes you designate.
A charitable lead trust makes an annual payment to Radford University for a period of years, and at the end of the term, the remaining assets go to your children or other beneficiaries.
Whether you are making an outright gift or a planned gift, Radford University welcomes many types of assets:
For more information, contact Rebekah LaPlante at rlaplante@radford.edu or 540-831-5167.