Planned Giving
Planned gifts ensure your support for the University continues, and helps secure its mission long into the future. Your legacy of support can be created through a will, trust or similar method.
Why
Planned giving provides an opportunity to extend your legacy to the areas most meaningful to you. Through your generosity, not only does the University of Tennessee continue to thrive, planned gifts often provide exceptional financial and tax benefits.
How
There are a number of ways to create a planned gift. Options include bequests, charitable gift annuities, charitable remainder trusts, charitable lead trusts, retirements plans, life insurance and IRA
charitable rollovers.
Explore Your Options
Bequests
A bequest is a gift made in your will or trust. Gifts of any size benefit our students, faculty and programs, and help sustain and strengthen the University for many years to come.
Charitable Gift Annuities
Charitable gift annuities give support through cash or publicly traded securities. Through this gift, UTFI agrees to pay a fixed amount each year for the rest of your life.
Charitable Remainder Trusts
Charitable remainder trusts give you or other named persons annual income for life or a period not exceeding 20 years from assets you give to the trust you create. This is an excellent option for donors who wish to support the university while retaining income for themselves or others.
Charitable Lead Trusts
A charitable lead trust provides the tax benefits of supporting the university without giving up the assets that you want your family to receive someday. It pays UT a fixed amount annually and is more attractive when interest rates are low. A charitable lead unitrust pays a variable amount annually based on the trust's asset value.
Retirement Plans & Life Insurance
Donors can name the University as a beneficiary of their retirement accounts or life insurance as a simple way to support UT.
IRA Charitable Rollover
For donors 70½ years old and older, you may give any amount up to $100,000 per year from your IRA directly to a qualified charity without having to pay income taxes on the money. IRA rollovers immediately impact the area you designate.
Connect with UT Foundation Development Officers
UT Chattanooga
(423) 425-4232
UT Health Science Center
(901) 448-5516
UT Knoxville
(865) 974-3011
UT Martin
(731) 881-7610
UT Southern
(931) 363-9825
UT Institute of Agriculture
(865) 974-5779
UT Institute of Public Service
(865) 974-9609