The University serves Virginia, the nation, and the world by preparing responsible citizen-leaders; advancing, preserving, and disseminating knowledge; and providing world-class patient care.
All gifts of any kind help secure the University’s place as a premier institution of learning and make it possible for our students, faculty, and researchers to shape a brighter future.
You can give to all 12 schools across Grounds. The possibilities are endless for supporting our students, faculty, and programs. Together, we will find the way forward.
You can join the growing number of alumni and friends who invest now in the University’s future by including UVA as a beneficiary of their wills, charitable trusts, and retirement plans. Gifts like these can offer you and your family significant tax benefits as well as greater financial flexibility in meeting your personal and philanthropic goals.
Through Honor the Future, the Campaign for the University of Virginia, we are building on our strong foundations to support the president’s vision: to become the best public university by 2030 and one of the very best in the world.
Overview
You can join the growing number of alumni and friends who invest now in the University’s future by including UVA as a beneficiary of their wills, charitable trusts, and retirement plans. You can also make a gift now and receive income for the rest of your life. Gifts like these can offer you and your family significant tax benefits as well as greater financial flexibility in meeting your personal and philanthropic goals.
Planned gifts may be of three types:
In this webinar presented by the Office of Gift Planning, Skip Fox (Law ’80) of McGuireWoods LLP covered wills, living trusts, designating beneficiaries for retirement plans and life insurance policies, and planning for financial and health care matters with powers of attorney and living wills.
Watch Now
Giving to the University through your will or living trust is often referred to as a “bequest.” A bequest from your estate may include cash, securities, real estate, and/or personal property. It can be for a specific amount or for a percentage of your estate.
Assets from your individual retirement account, pension plan, profit sharing plan, stock bonus plan, 401(k) or 403(b) can constitute a large portion of your retirement portfolio.
A charitable gift annuity is a gift that will provide you with income for the rest of your life and generously support the University.
Charitable remainder trusts (CRTs) are an ideal form of philanthropy for those who wish to make a charitable gift to the University and to receive income for their lifetime and/or the lifetime of others.
Real estate can be contributed as an outright gift or to finance a planned gift, such as a charitable trust. Available options include a retained life estate, which allows the donor to continue to use the property for a certain number of years or for the donor’s lifetime. Other arrangements offer special tax advantages and lifetime income.
Giving a life insurance policy you no longer need, or funding a new policy to support the University of Virginia, is an excellent way to make a substantial gift.
Gifts of stocks and mutual funds are coordinated by University Advancement Services. The University will direct proceeds from the sale of these assets to any school or program you wish.
If you are at least 70½ years old, you are eligible to make a Qualified Charitable Distribution (QCD) from a traditional or Roth IRA. Distributions to the University of Virginia will be excluded from federal income.
Julius Caesar once proclaimed that experience is the teacher of all things. Having lived her life in constant pursuit...
Jose Lambert’s dream of becoming an architect nearly ended in 1958 when Fidel Castro came to power in Cuba....
In his book “Six Great Ideas,” American philosopher Mortimer J. Adler outlines six concepts that have been fundamental to...
