UNC Kenan-Flagler Business School

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UNC Kenan-Flagler Business School
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Planned Gifts

Why You Should Consider a Planned Gift

If you could reduce your taxes and generate income while making a gift to your alma mater, would you be interested? From bequests to gifts that provide income, there are many ways to tailor a planned gift to best meet your circumstances.

Life Income Gifts
Revocable Planned Gifts
Charitable Lead Trusts

Life Income Gifts provide you and/or another beneficiary with income for life. After the beneficiary dies, UNC Kenan-Flagler uses the gift in the manner you designate. The gifts are irrevocable.

  • Benefits to You: You receive an income stream for life, an income tax charitable deduction on a portion of the gift amount, and a capital gain tax savings if you fund your gift with appreciated assets.
  • Benefits to UNC Kenan-Flagler: Although UNC Kenan-Flagler will not realize the benefit of your gift until some time in the future, the gift is guaranteed.
  • Gifts with these advantages:
    • Charitable Gift Annuity
    • Pooled Income Fund
    • Charitable Remainder Trust

Revocable Planned Gifts allow you to keep your assets until death. In most cases, these are the simplest to create - through a new will or a codicil to an existing will or through the beneficiary designation of a life insurance policy or your retirement plan account.

  • Benefits to You: You continue to manage and enjoy the benefits from your assets for life.
  • Benefits to UNC Kenan-Flagler: Although UNC Kenan-Flagler will not realize the benefit of your gift until some time in the future, we will be aware of your generosity and can plan for the future.
  • Gifts with these advantages:
    • Bequest

      To provide a bequest, simply include a paragraph in your will naming The Kenan-Flagler Business School Foundation, Inc. as beneficiary. For example:

      "I give, devise and bequeath (the sum of $_____) or (_____% of my estate or the residue of my estate) to The Kenan-Flagler Business School Foundation, Inc., a 501(c)(3) created to maintain funds for the Kenan-Flagler Business School with principal offices located at 300 Kenan Center Drive, Chapel Hill, North Carolina."

    • Life Insurance
    • Retirement Plan Assets

Charitable Lead Trusts can provide UNC Kenan-Flagler with a current stream of income for the number of years you specify. At the end of that period, the trust assets are transferred to family members you select.

  • Benefits to You: You are able to remove assets from your estate and pass them onto heirs in a tax advantaged way. Depending on the type of lead trust, you may receive an income tax charitable deduction on the amount coming to UNC Kenan-Flagler.
  • Benefits to UNC Kenan-Flagler: The School can put your gift to work right away to benefit the area in which you are interested.

To discuss your planned giving options, contact Adam Gerdts, associate dean of advancement, at 919.962.9143 or adam_gerdts@unc.edu 


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