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Planned Giving
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Beneficiary Designation Gifts

The Ohio University Foundation can be named the beneficiary of your IRA, 401k, 403b, or other tax-deferred plans. An individual inheriting these types of assets would be subject to considerable taxes; however, The Ohio University Foundation can receive these assets without incurring income or estate taxes. You can also include OHIO as a beneficiary of your life insurance policy

Beneficiary Designation Gifts
Donor
Designation Form
Account Custodian
Property
(IRA/Investment)
OU
Charity image

Benefits of a beneficiary designation gift

  • Maintain use and control of assets for lifetime
  • Simplify your planning and avoid expensive legal fees
  • Eliminate income taxes as The Ohio University Foundation is tax exempt
  • Reduce tax burden on family
  • Receive an estate tax charitable deduction
  • Designate your gift as you desire

How a beneficiary designation gift works

  1. To make your gift, contact your custodian, broker, banker or insurance agent for a new beneficiary designation form.
  2. Complete the form by naming The Ohio University Foundation, Tax ID number 31-6402269 as a beneficiary, signand mail the formback to your broker, banker or insurance agent.
  3. Make our office aware of your intentions by providing a copy of the beneficiary designation form, and completing any gift designation paperwork necessary.
  4. Your gift will be transferred to The Ohio University Foundation consistent with the beneficiary designation, avoiding the probate process.

Important considerations for your future

If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment or bank account and continue to freely use your account. You can also change your mind at any time in the future for any reason, including if you have a loved one who needs your financial help.

Contact us

If you have any questions about leaving a beneficiary designation gift to us, please contact us. We would be happy to assist you.

If you have already designated us as a beneficiary of an asset or as part of your estate plan, please let us know. We would like to recognize you and your family for your gift.

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Kelli Kotowski

Executive Director of Gift Planning
University Advancement

McGuffey Hall
1 Ohio University
Athens, OH 45701

Kotowskk@ohio.edu
740.597.1819 office
740.707.3100 cell
800.592.3863 toll free
740.593.1432 fax

Caty Allgood

Director of Gift Planning
University Advancement

McGuffey Hall
1 Ohio University
Athens, OH 45701

allgood@ohio.edu
740.593.9968 office
440.258.6564 cell
800.592.3863 toll free
740.593.1432 fax