2. 2 USF Foundation Gift Planning • usffoundation.planmylegacy.org
University Profile
The University of South Florida System
is comprised of the University of South
Florida in Tampa, USF St. Petersburg and
USF Sarasota-Manatee.
At the heart of the USF System is a
vibrant, diverse and engaged student
body. With over 240 degree programs at
the undergraduate, graduate, specialty and
doctoral levels, the USF System offers a
dynamic learning environment that inspires
innovation and creativity and is focused on
student success.
Faculty members of the USF System
conduct more than $400 million in research
annually and are comprised of more than
2,000 distinguished scholars, researchers
and expert teachers.
Through programs like Stampede of
Service, the faculty, staff and students
of the USF System are focused on
community service. And with a $4.4 billion
annual economic impact in Tampa Bay, the
System is a powerful economic force.
2 USF Foundation Gift Planning • usffoundation.planmylegacy.org
3. 3
Through a planned gift, you have the unique opportunity to support these amazing
students and remarkable faculty for generations to come. Realized planned gifts have
led to the endowment of hundreds of scholarships, professorships and faculty chairs.
The USF Foundation supports the entire USF System, and is dedicated to ensuring
that your gift grows in value over time. As it does so, your legacy will grow as well,
helping more students and spurring more research as the years go by.
Other benefits of giving through your estate plan include the following:
• You retain control of your assets during your lifetime – you can
modify your bequest as circumstances change
• You can take advantage of tax laws that will lower
the estate tax burden on your survivors
• You can make a larger impact through a larger gift
than may have been possible in your lifetime
3
Your Legacy
4. 4 USF Foundation Gift Planning • usffoundation.planmylegacy.org
Testimonials
One day, I want to be just like Annette Raymund. I want to be able to contribute to
the future through scholarships as well. I want to give students the same feeling I
had when I received this scholarship. The feeling that now, all things are possible.”
Fereshta Abdul Khaled
Afghanistan immigrant,
Annette Raymund Scholar,
future anesthesiologist
Planning a gift at USF allows us to be involved in how that gift will be used,
and the privilege of deciding that the focus of our gift will be directed
to areas of the university that are meaningful to us.”
George Jane Morgan
George Morgan ‘76
Faculty and students are doing their part. This gift allows me to affirm and
accelerate their good work. I was fortunate enough to create a successful
business in the U.S. and I feel strongly about creating a long-lasting legacy.”
Kate Tiedemann
Founder and former CEO
of Katena Products, Inc.
“
“
“
4 USF Foundation Gift Planning • usffoundation.planmylegacy.org
5. 5
WAYS TO GIVE THROUGH YOUR ESTATE PLAN
It’s as easy as placing the following language in your will or estate plan:
“I give, devise, and bequeath (insert dollar amount or percentage of the residue/all the residue of my estate)
to the University of South Florida Foundation, Inc., a non-profit direct support organization of the University
of South Florida for the purpose of (insert specific purpose or college if applicable). If the University of South
Florida Foundation, Inc. Board of Directors determines that all or part of the gift cannot be used in the manner
set forth, then the Board may direct that the gift may be used for other University of South Florida purposes
that will most nearly accomplish my wishes.
The University of South Florida Foundation is instructed to apply for and take maximum advantage of all
state of Florida matching fund programs in existence at my death for which this grant may qualify, including
programs not in effect at the time of execution of this Will and Testament. I recognize that the University of
South Florida Foundation cannot warrant state of Florida matching funds in future years.”
Our tax identification number is 59-0879015.
Remember, if you’ve already made a gift to the USF System in your estate,
let us know about it. You will become part of the President’s Council
Legacy Society. The USF Foundation will honor all requests of anonymity.
Our Future
6. 6 USF Foundation Gift Planning • usffoundation.planmylegacy.org
The University of South Florida Foundation encourages you to make a long-term impact on
the people and programs of the USF System through deferred gifts. Commitments to the USF
System through a will, trust, life insurance policy or other estate planning vehicle will change
the lives of our students and faculty and may provide significant tax benefits to donors far into
the future.
WAYS TO GIVE DESCRIPTION TAX BENEFITS
GIFT DURING LIFETIME
Gifts of cash or donation of publicly traded
securities.
Immediate income tax deduction. Avoid
capital gains tax on donated shares of stock.
CHARITABLE BEQUEST
Name USF in your will or living trust to receive a
portion of your estate.
Estate tax deduction for all funds left
to charity.
RETIREMENT PLAN
You can name USF as a beneficiary of your
retirement plan (IRA, 401(k), 403(b), etc.).
Estate tax deduction for all funds left to
charity. Charity receives all proceeds tax-free.
Non-charity beneficiaries pay income tax.
CHARITABLE GIFT ANNUITY
You agree to make a donation of cash or
securities to USF. In return, you (and someone
else, if you choose) receive a fixed amount each
year for the rest of your lifetime.
The initial gift is partially income tax-
deductible. The annuity payments are partially
income tax-free. Reduction of capital gains
tax if appreciated securities used.
Gu
BENEFICIARY DESIGNATION
You can name USF as a beneficiary of your
life insurance policy, annuity, bank account or
investment account.
Estate tax deduction for cash value amount.
Removes asset from taxable estate.
B
LIFE INSURANCE
You make USF owner and beneficiary in an
insurance policy.
Income tax deduction for cash value amount.
Removes asset from taxable estate.
CHARITABLE REMAINDER TRUST
Donate cash, stock or real estate to an
irrevocable trust. Trust pays you for life, then
the balance goes to USF.
Immediate tax deduction for a portion of
the donation. Trust assets are not subject to
estate tax. Estate tax (or gift tax) deduction
based on value of charitable payouts.
CHARITABLE LEAD TRUST
Donate cash, stock or real estate to an
irrevocable trust that makes annual gifts to USF,
then balance goes to your heirs.
Income tax, estate tax, state tax or
gift tax deduction based on value of
charitable payouts.
Ways to Give Back
7. 7
ADDITIONAL BENEFITS CONTRIBUTION LIMITS IMPACT FOR USF
k.
You can target current funding opportunities
and see your gift in action.
None, although income tax
deduction may be subject to limits.
Immediate.
You have full access to your funds for the
rest of your life.
None.
At the end of the donors life and after probate or
trust administration (may be 9-15 months).
e.
Bypasses probate. You have full access to
your funds for the rest of your life.
None.
Within weeks after death of last income
beneficiary.
lly
s
Guaranteed income for you (and someone else,
if you choose) for the rest of your lifetime.
None. At the end of the annuitant(s) life.
t. Bypasses probate. You have full access to your
funds for the rest of your life.
None.
Within weeks after your death.
nt. Bypasses probate. Arrange and fund a large
future gift now.
None, but based on your ability to
qualify for life insurance.
At the end of your life, or when the policy is
surrendered.
o
n
Payouts to you (and others, if you choose)
from the trust for life.
None. Within weeks after your death.
Pass assets to heirs and avoid some
or all of the estate tax.
None.
USF receives annual payouts until trust
terminates.
8. 8 USF Foundation Gift Planning • usffoundation.planmylegacy.org
Office of Gift Planning
The University of South Florida Foundation
Sam and Martha Gibbons Alumni Center
4202 East Fowler Avenue, ALC100
Tampa, FL 33620 • (813) 974-8761
usffoundation.planmylegacy.org
