Join With Others to Shape the Future of TSU
Generation after generation, the alumni of of Texas Southern University demonstrate that the future can be shaped through the power of action. A gift in your estate plans is a powerful way to open doors of opportunity to future generations and to make an impact on the University and community for years to come. You can join with other alumni and friends in this important cause.
TYPES OF PLANNED GIFTS
Choosing the right planned gift depends on your personal circumstances and financial goals.
BEQUESTS AND ESTATE PLAN GIFTS
You may make a bequest or gift through your estate by including a provision in your will or living trust, or by naming Texas Southern University as a beneficiary of a retirement plan or life insurance policy. The amount left to the university (or any charity) can be expressed as a dollar amount or as a percentage of the assets to be given.
LIFE INCOME GIFTS
A life income gift allows you to give assets to Texas Southern University while providing yourself or others with income for a period of time before Texas Southern University is permitted to use your gift. You may make a life income gift by transferring securities, cash, or other property to Texas Southern University or a trustee. The university or trustee then manages the investment of the assets and pays an income to you, your designated beneficiaries, or both. Income payments continue for the beneficiaries' lives or, in some cases, for a term of up to 20 years.
There are several kinds of life income gifts available at Texas Southern University:
Charitable Gift Annuities
In exchange for an outright gift, Texas Southern University agrees by contract to pay a fixed amount each year to you and/or another beneficiary for life.
Charitable Remainder Unitrusts
You establish a trust from which you and/or other beneficiaries receive variable annual payments for life and/or a term of years. At the end of the term, the remainder of the trust assets go to Texas Southern University for the purposes you designate.
Charitable Remainder Annuity Trusts
You establish a trust from which you and/or other beneficiaries receive annual payments of a fixed dollar amount for life and/or a term of years, after which the remainder of the trust assets pass to Texas Southern University for the purposes you designate.
Pooled Income Funds
Your gift goes into an investment pool that functions like a mutual fund. Investment returns are paid to you and/or other beneficiaries for life, after which your gift is withdrawn and used to support your designated purpose at Texas Southern University.
Other Types of Gifts
Charitable Lead Trusts
A charitable lead trust makes an annual payment to Texas Southern University for a period of years, and at the end of the term, the remaining assets go to your children or other beneficiary.
Donor Advised Funds
A donor advised fund allows you to make a tax-deductible gift to Texas Southern University to establish a fund today, and later advise the university on how you would like the gift used. At least half of the gift must be designated to Texas Southern University, and the rest may support other charities.