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Planned Giving

Ways to Give

Bequest

By including language in your will, you specify a gift to be made to the University of Louisiana at Lafayette for a specific amount, a percentage of your estate, or for the residual (remainder) of your estate. These gifts allow you to remain in control of your assets during your life, and can typically be easily updated with your attorney via a codicil to your will.

Insurance

Like retirement plans, legacy gifts may be made by designating the UL Lafayette Foundation as a beneficiary for a percentage of your insurance policy. By contacting the administrator of your policy, you may update your beneficiary designations at any time. Additionally, you may gift ownership of an insurance policy that is no longer needed to the Foundation. This irrevocable gift may provide current tax benefits to you.

Retirement Plans

Legacy gifts from retirement plans may be made by designating the UL Lafayette Foundation as a beneficiary for a percentage of your IRA, 401(k), or other retirement plan. These funds pass tax-free to the foundation at the time your estate is realized. By contacting the administrator of your fund, you may update your beneficiary designations at any time.

If you are required to take a minimum distribution from your IRA, you may direct all or a portion of this amount as a charitable rollover to the UL Lafayette Foundation. Simply contact the administrator of your fund to make a Qualified Charitable Distribution, which can reduce your taxable income from your fund.

Other Ways to Give

  • Gifts of Appreciated Securities
  • Grants from a Donor Advised Fund
  • Gifts of Real Estate

Questions?

Regardless of how you make your legacy gift, we strongly encourage you to work with a representative of the Foundation to ensure the purpose of your gift is known. If you are considering a planned gift to the University, you may contact our team here. If you prefer to communicate by email or on the phone, please contact us at giving@louisiana.edu or (337) 482-0700.

This information is not intended as tax, legal, or financial advice. Gift results may vary. Consult your personal financial and/or legal advisor(s) for information specific to your situation.