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University of Maryland Athletics

Planned Giving

Through your estate or financial plans, you can meet your current philanthropic goals, leave your legacy with Maryland Athletics, and extend your generosity well into the future.
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FIVE WAYS TO MAKE A PLANNED GIFT

  1. Gift by Will
  2. Gift of Retirement Plans (Lifetime Gifts, Estate Gifts, IRA Rollover Gifts)
  3. Gift That Pays You Income (Charitable Gift Annuities, Charitable Trusts)
  4. Gift That Protects Your Assets (Charitable Lead Trusts)
  5. What to Give (Cash, Securities, Retirement Plans, Life Insurance, Tangible Personal Property, Real Estate, Closely Held Business Stock)
For more information on planned gifts, visit www.giftplanning.umd.edu
 

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”].

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Bob and Carol Baker
"We decided to make a gift through our will to establish an endowment to provide scholarships for Terrapin student-athletes because we know the obstacles that young people often face. Maryland Athletics has been a significant part of our lives, and our hope is that we will leave our legacy at the university by extending opportunities for student-athletes well into the future."
BOB & CAROL BAKER
GIFT BY WILL
Betty Smith
"I donated my home to support Maryland Athletics through a retained life estate gift, and subsequently made the decision to relinquish my life interest in the home. The sale of my house provided additional funds for the endowed scholarship I established to support women’s golf student-athletes in perpetuity, and the gift allowed me to take advantage of significant tax deductions."
BETTY SMITH
GIFT OF REAL ESTATE
Pat Tregoning
"My family has supported Maryland Athletics for many years and we love the Terps! Creating a charitable gift annuity with Maryland Athletics was a great way for us to leave a legacy and it has turned out to be a great investment as well."
PAT TREGONING
CHARITABLE GIFT ANNUITY