Planned Giving to UNCP

UNCP Bell Tower and Water Feature aerial view

You can leave a lasting legacy that will impact the lives of countless students by making a planned gift to UNCP. Our Advancement team can help you determine a planned giving strategy that meets your financial and philanthropic goals. For more information about the planned giving options below, contact the UNCP Office of Advancement at 910.521.6252.

Bequest

A bequest designates UNCP as the recipient of a gift from your will or trust. You can select a particular program, school or college at UNCP that is important to you to benefit from your gift. You can create a scholarship, support practical learning experiences for students, or work with our staff to develop a strategy that will put your gift to work for the university. A bequest creates a charitable family legacy at UNCP for generations to come. It’s easy to create a bequest; let your attorney know you would like to include UNCP in your will or trust. Contact us for sample bequest language.

Retirement Plans and Life Insurance

You can designate UNCP as the beneficiary of a retirement plan, Individual Retirement Account (IRA), life insurance policy or insurance annuity. While every circumstance is unique, there can often be tax advantages to selecting UNCP as the beneficiary of a retirement plan or life insurance policy. Beneficiary forms govern the distribution of assets from these accounts. If you choose to designate UNCP as a beneficiary, contact your plan administrator to update your forms.

Charitable Remainder Trust

A charitable remainder trust can provide a steady stream of income for a term of years that you decide. What remains at the end of the term will go to UNCP to create an endowment that fulfills your charitable giving goals, such as student scholarships. You fund the trust with a gift of cash or property, receive an income tax deduction and receive a variable or fixed amount income for the length of the term. You may also name a charitable remainder trust as the beneficiary of an Individual Retirement Account (IRA) at your death as another way to support UNCP.

Charitable Gift Annuity

With a charitable gift annuity, you make a donation of cash, stocks or other assets to UNCP and receive a tax deduction. In return, you (and one other person, if you choose) receive a fixed amount each year for life; you cannot outlive your annuity payments. In addition, your annuity payments are partially income tax free throughout your estimated life expectancy. What remains after your lifetime supports UNCP and the programs that are important to you.

IRA to Charity

If you’ve reached the age of 70 ½ and have an IRA, you may transfer up to $100,000 annually to support UNCP without having to claim the money as income. A gift from your IRA can be beneficial if you do not itemize your tax returns, or if you do not need the money and would move into a higher tax bracket if you take the required minimum distribution. By making a gift to UNCP from your IRA, you can also save your heirs from heavily taxed IRA assets.