"The two journalism scholarships I got went a long way toward reassuring me that someone other than my mom thought I had potential." Nate Raymond Senior, journalism major

Planned Giving is the process of coordinating gifts to nonprofit or charitable organizations with your overall estate plan. Your primary reason for making a gift to the UA Foundation is to support the work and mission of UAF. However, once you have decided to contribute, the gift can be structured to obtain the maximum tax benefits. Federal tax laws are constantly changing but, in general, are favorable toward charitable giving.

Planned gifts can be current or deferred. Usually they are gifts of assets other than cash, such as stocks, bonds, real estate or other personal property. Deferred gifts include bequests and life income gifts such as charitable remainder trusts or insurance. Under certain circumstances, tax savings can be substantial which can result in an increase in inheritance for your heirs. Consult your tax accountant as to how your bequest will affect your own estate taxes.

Won't you join us in our mission to provide exemplary education to students in Alaska and to continue to improve the quality of life around the circumpolar North? By planning to make an important gift to UAF through the UA Foundation, you can become a partner in excellence in education and cultural contributions to our region. Contact the Development Office at (907) 474-6726 or (800) 823-4483 for additional information.

Bequests
Bequests of all sizes and for a wide range of purposes are essential to the University. Many possibilities are open to people contemplating a bequest to the University of Alaska Fairbanks. Key considerations include:

• Will the bequest be unrestricted (which will make it available for use where the need is greatest) or restricted? Restricted gifts support specific university programs such as scholarships, libraries or faculty and student travel, perhaps within a particular discipline; they can be used to augment construction and maintain funding for our facilities; they can underwrite research.
  
  
• Will the bequest establish a permanent endowment fund which will provide income every year in perpetuity to carry out its purpose; or will both principal and income be expendable? Endowed funds can be established for amounts of $25,000 or more.
  
  
• By what name will the fund be known? A fund can honor the donor, or memorialize another person or persons of the donor’s choosing. Named funds are highly visible in the university community. Because of the people and activities they support, they encourage others to give. The amount needed to establish a non-endowed fund varies depending on where the funds are to be used.

Charitable remainder trusts
A charitable remainder trust allows the donor to transfer funds or properties to UAF. The UA Foundation will invest the value of the donation and the donor becomes a beneficiary of regular payments for a specified time period or for life. Upon conclusion of term, the remaining assets are transferred to UAF. Please contact the Development Office for more information.

Life insurance
You may name UAF as beneficiary to your life insurance policy to provide funds in the future. Please contact the Development Office for more information.

Charitable lead trusts
A charitable lead trust allows the donor to give an annual amount to UAF for a fixed term of years or for the life of one or more individuals. Upon conclusion of term, the remaining assets are distributed back to you or another individual(s) specified by you. Please contact the Development Office for more information.