University of Tennessee Athletics
PLANNED GIVING
CREATE A LEGACY THAT SUPPORTS TENNESSEE ATHLETICS
A great option to consider is making a legacy gift to the University of Tennessee. Legacy gifts, or planned gifts, offer donors the option of making a lasting impact on the Vols and Lady Vols either now or, most often, in the future. Of the various ways our donors make planned gifts to the university, charitable bequests in a will or living trust, beneficiary designations (retirement account, life insurance policy, etc.) and IRA charitable rollover gifts are the most common types of gifts we receive. Gifts of real estate, donor advised fund grants, and life income gifts offer a few other great examples of planned gifts we do receive – some of which offer tax advantages!
TENNESSEE ALWAYS
Tennessee Always is an exclusive society honoring individuals who leave the ultimate legacy for Tennessee student-athletes, coaches, staff and athletic programs through their estate or through life income gifts. These funds ensure our ability to fulfill its long-term vision through support of scholarships, endowments, facility improvement, and other support funds. University of Tennessee alumni and friends who are dedicated to the continued success of Tennessee student-athletes can make a lasting imprint on the program by contributing to the athletic department through various avenues of planned giving.
If your philanthropic plans include a gift to any area of Tennessee Athletics, please let us know so that we can, not only thank you, but truly understand the intent behind your gift and document it accordingly. Please contact the Tennessee Fund at (865) 974-1218 or via email at tnfund@utk.edu. More information can also be found by visiting the link below:
PLANNED GIVING TO TENNESSEE ATHLETICS:
- Bequest: Designate the “University of Tennessee Foundation, for benefit of Tennessee Athletics” as a beneficiary of your state by will or trust.
- Retirement Plan Assets: Contact your plan administrator to name “University of Tennessee Foundation, for benefit of Tennessee Athletics” beneficiary of all or a portion of your unused retirement assets such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan.
- IRA Rollover: Transfer up to $100,000 per year from an IRA to satisfy the required minimum distribution for the year (eligible if 70 1/2 years or above)
- Gifts of Real Estate
Additional information on planned giving can be found here: https://giftplanning.utk.edu/
