Planned Giving
FIVE WAYS TO MAKE A PLANNED GIFT
- Gift by Will
- Gift of Retirement Plans (Lifetime Gifts, Estate Gifts, IRA Rollover Gifts)
- Gift That Pays You Income (Charitable Gift Annuities, Charitable Trusts)
- Gift That Protects Your Assets (Charitable Lead Trusts)
- What to Give (Cash, Securities, Retirement Plans, Life Insurance, Tangible Personal Property, Real Estate, Closely Held Business Stock)
ENDOW YOUR ANNUAL GIFT WITH A PLANNED GIFT
By including Maryland Athletics in your will or trust, or by naming the university a beneficiary of your retirement or investment account, you can make a lasting impact on our student-athletes. When realized, your gift will be invested and will provide annual spendable income in perpetuity.STEP ONE: Select an amount that will allow you to "Endow" your annual gift
STEP TWO: Include a bequest provision in your will or trust or name the university as beneficiary of your retirement or investment account
STEP THREE: Communicate this designation to the Terrapin Club
*Gifts of less than $50,000 will go into the Department of Intercollegiate Athletics General Endowment when realized. Commitments of $50,000 or more can establish a named endowment.
| Annual Giving Level | Amount designated in will/bequest | Approximate annual spendable income for scholarship support* |
|---|---|---|
| Member - $1-$99 | $2,475 | $99 |
| Silver - $100-$499 | $2,500-$12,475 | $100-$499 |
| Gold - $500-$999 | $12,500-$24,975 | $500-$999 |
| Diamondback - $1,000-$2,499 | $25,000-$62,475 | $1,000-$2,499 |
| Super Terp - $2,500-$5,999 | $62,500-$149,975 | $2,500-$5,999 |
| Coaches Club - $6,000-$11,999 | $150,000-$299,975 | $6,000-$11,999 |
| Top Terp - $12,000-$24,999 | $300,000-$624,975 | $12,000-$24,999 |
| Director's Circle - $25,000-$49,999 | $625,000-$1,249,975 | $25,000-$49,999 |
| Director's Roundtable - $50,000+ | $1,250,000 | $50,000 |
| *Based on a 4% investment return. The investment return and associated fees are determined yearly by the UMCP Foundation Board of Trustees. A portion of the endowed fund's annual return is reinvested to ensure it lasts forever. | ||
Sample Language for a Gift Through Your Will or Trust:
I give to the University of Maryland College Park Foundation, a charitable organization (Tax ID 52-2197313) located at 4603 Calvert Road, College Park, MD 20740, [$ amount or % of estate] for [designation, such as “for the Terrapin Club for scholarship support for student-athletes” or “to establish the Name Endowed Scholarship, as described in the gift agreement on file with the UMCP Foundation”].CLICK HERE TO REQUEST MORE INFORMATION
BOB & CAROL BAKER
GIFT BY WILL
GIFT BY WILL
BETTY SMITH
GIFT OF REAL ESTATE
GIFT OF REAL ESTATE
PAT TREGONING
CHARITABLE GIFT ANNUITY
CHARITABLE GIFT ANNUITY
