What the Unsettled Economy Means for Your Giving
You’ve likely heard the phrase “uncertain times” before when the economy was unpredictable. It’s something many of us are now hearing again.
We know your commitment to Murray State University Foundation remains steadfast. But we also respect that in moments like these, you want to make sure your financial future stays strong.
The good news: You don’t have to choose between the two. In fact, you have several gift options that can make an impact at Murray State University Foundation while you protect yourself and your loved ones.
Gifts That Require No Money Today
A gift in a will or trust: It takes as little as one sentence in your will or living trust to support us after your lifetime.
Beneficiary designations: Name Murray State University as a percentage beneficiary of a retirement account or life insurance policy.
Gifts That May Offer Tax Benefits
Donor advised fund (DAF): Add funds to an existing DAF or open a new one to qualify for a tax deduction. Ready to make an impact? Recommend a grant (or recurring grants) to support Murray State University Foundation.
A gift from your IRA: If you are 70½ or older, you can give from your IRA directly to Murray State University without paying income taxes. If you are required to take minimum distributions, you can use your gift to satisfy all or part of your obligation.
Appreciated stock: Despite market volatility, if you have held stock for at least one year that has risen in value, you could donate it, qualify for an income tax deduction and eliminate any tax on the appreciation.
A Gift That Pays You
Charitable gift annuity: You make a gift to Murray State University Foundation and receive fixed, reliable income/payouts for life in return, regardless of what happens in the markets.
We’re Happy to Help
For guidance on the best ways to leave a legacy at Murray State University Foundation, reach out to Dr. David Durr, CFA, CFP® at 270-809-6912 or ddurr@murraystate.edu. We’d be happy to explain the many options available to you.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.