How to support the College of Media through your estate plan
Including a gift in your will or living trust, known as a charitable bequest, is a meaningful way to support the College of Media at the University of Illinois Urbana-Champaign. Your gift, no matter the size, will support students, faculty, and programs far into the future.
It’s as simple as naming the University of Illinois Foundation (UIF) as a beneficiary in your will or revocable trust for the benefit of the College of Media. You can choose to give a specific dollar amount, specific property, or a percentage of what remains after you’ve provided for your loved ones. You can also direct your gift to a specific program.
Benefits
- Control: You are able to make a generous gift while maintaining control of your assets during your life.
- Flexibility: You can change your plans at any time.
- Estate tax reduction: Gifts to UIF for the benefit of the University of Illinois are not subject to estate tax.
Sample gift language
To include a gift for the College of Media at the University of Illinois Urbana-Champaign in your will or living trust, we suggest using the following language:
“I leave [$X / X% / # of shares/residue] to the University of Illinois Foundation, a not-for-profit corporation (Tax ID 37-6006007) located in the State of Illinois, to support the University of Illinois Urbana-Champaign College of Media.”
To learn more and discuss how you can create your own personal legacy, contact Deanne Johnson, assistant dean for advancement, at 217-333-0752 or jhns@illinois.edu; or Judy Schneider, UIF director of gift planning, at 217-244-3351 or judiths@uif.uillinois.edu.
The University of Illinois Foundation is the official gift-receiving arm of the University of Illinois and is a 501 (c) 3 charitable organization with EIN 37-6006007. UIF does not provide tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.