• Jay: "We were excited to make a big commitment to UVU, but we weren't in a position to give the full amount all at once. We wanted to make a meaningful gift this year and continue our support over time."

Jay and Amy reached out to UVU's gift planning team to explore their options. Together, they discussed how a combination of current giving and planned gifts could help them achieve their philanthropic goals while maximizing financial flexibility and tax benefits. Here were a few options they considered:

• A $25,000 cash gift today, combined with a $37,500 bequest in each of their wills - allowing them to make a full $100,000 commitment without additional out-of-pocket costs.
• A $25,000 gift of appreciated stock, which offered significant tax savings, paired with a $75,000 bequest in the will of the surviving spouse.
• A $25,000 gift of appreciated stock, a $50,000 charitable gift annuity funded with stock (providing lifetime income and tax advantages), and a $25,000 bequest

After careful consideration, Jay and Amy chose a strategy that worked best for their financial and philanthropic goals.

• Amy: "We decided to make a $25,000 cash gift now and include a bequest in each of our wills. This way, we can see our gift at work today and know that we're also supporting UVU's future."

By using a combined giving strategy, Jay and Amy are making a lasting impact on UVU students - helping them access education, pursue meaningful careers, and create better lives for their families. Their thoughtful planning ensures that their legacy will continue to empower future generations of Wolverines.

What is a Blended Gift?

A blended gift is a combination current and future gift made to support the work of Utah Valley University.

Popular Blended Gifts

1. Gift and Bequest

A "Gift and Bequest" is a combination of a current gift and a charitable gift made in your will or trust. It is an easy way to support our cause today and make a lasting future impact on Utah Valley University.

Benefits:

• Receive a charitable income tax deduction for your gift made to us this year
• Continue to use and control your assets during your lifetime
• Leave a lasting legacy through a bequest to support our work after you are gone

How it works:

• You can make a gift to support our work this year by contacting us or visiting our website. A charitable bequest is a way to make your giving go further. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to Utah Valley University as part of your estate plan, or you can make a bequest by designating us as a beneficiary of your retirement account or life insurance policy.

2. Endowment Gift and Bequest

Endowment giving is vital to continuing the important work of Utah Valley University. An "Endowment Gift and Bequest" is a combination of a current gift made to support our endowment and a charitable gift made in your will or trust. It is an easy way to support our work today and continue your commitment to Utah Valley University through a legacy gift.

Benefits:

• Receive a charitable income tax deduction for your endowment gift this year
• See firsthand how your gift makes a difference
• Continue your commitment to our work by leaving a bequest to endow your giving

How it works:

• You can make a gift to support our endowment this year by contacting us or visiting our website. A charitable bequest is an easy way to continue your commitment to us after you are gone. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to Utah Valley University as part of your estate plan, or you can make a bequest by designating us as a beneficiary of your retirement account or life insurance policy.

3. IRA Rollover Gift and Bequest

A powerful way you can help our cause is to make a series of IRA rollover gifts today and leave a future bequest. Your bequest will extend the impact of your lifetime gifts far into the future. An "IRA Rollover and Bequest" enables you to achieve your philanthropic goals. You can start your annual giving plan today and your bequest fulfills your legacy for tomorrow.

Benefits:

• If over age 70½, you can roll over up to $111,000 from your IRA to charity
• You are not taxed on the IRA charitable rollover
• If over age 73, an IRA rollover may fulfill your required minimum distribution

How it works:

• You can start making IRA rollover gifts now and build a lasting legacy for the future. Each year, you can make a qualified charitable distribution (QCD) from your IRA to support UVU and its students. You may continue these annual IRA rollover gifts for as long as you wish. To make your giving go even further, you could then add UVU as a beneficiary of your IRA in your estate plan. This simple step, called a charitable bequest, ensures that your IRA will support future generations of students after your lifetime.

4. Gift and gift annuity

An attractive way you can help Utah Valley University students and programs and receive lifetime payments is to make a gift today and fund a gift annuity to benefit students or an area on campus that is meaningful to you. A "Gift and Gift Annuity" enables you to achieve your goals. You can continue your generous support for UVU and receive fixed payments for your future lifestyle needs. You may begin a giving plan today, receive generous fixed payments and create a lasting legacy for tomorrow to benefit future Wolverines.

Benefits:

• A helpful benefit of this gift is that you receive an income tax deduction
• A gift annuity provides fixed payouts for one or two lives
• With a gift annuity funded with cash, a substantial amount of each payout is tax free

How it works:

• You can make your giving go further and create a lasting legacy by adding a charitable gift annuity to your current gift. With your gift annuity, we send you fixed payments and you also enjoy tax savings. After all payments are completed, your gift will help us achieve our vision for the future. Your gift to us will significantly advance our charitable efforts. A gift and gift annuity is an excellent way to make your giving go further.

Is a blended gift right for you?

If you have ever thought, "I would like to make a gift to support Utah Valley University but am apprehensive about my future," a blended gift might be right for you. There are many different ways to structure blended gifts. Contact us to see how you might be able to use a blended gift strategy to achieve your goals while supporting our mission.

Please note: The information above is representative of a typical donor and may or may not be an actual donor to our organization. Since your benefits may be different, you may want to create a printable illustration of your income and tax benefits with our calculators.