Gift Planning

Charitable gift planning options provide donors with a significant way to impact the future of University School of Milwaukee. Such arrangements can also help you secure your own financial future. Whether you are seeking to satisfy current income and estate tax needs, prepare for retirement, or make low yield assets more productive, a carefully crafted planned gift can be invaluable part of your financial and charitable planning. By working together, donors (in conjunction with their financial advisers) and USM can create meaningful support that reflects the interests of the donor while benefiting the future of students for generations to come.

We invite your questions about how charitable gift planning might benefit both you and USM. Please contact Patrick Tevlin, chief advancement officer, at 414.540.3330.

University School of Milwaukee is an exempt organization as described in Section 501(c)(3) of the Internal Revenue Code; USM’s tax ID #39-6076442.

How to Make a Planned Gift

List of 2 frequently asked questions.

Bequest

A charitable bequest is a revocable gift to University School of Milwaukee through a will or living trust. Many people choose to include charitable gifts in their estate plans because of the flexibility of bequests. You can choose to leave a specific amount of money or an asset (stock, real estate, etc.), or a percentage of your estate after other bequests, debts, and taxes are paid. This ensures that your family is cared for before a gift to USM is made.

Additionally, an easy way to make a gift to USM is to designate the school as a beneficiary of a retirement plan, brokerage or bank account, or life insurance policy.

Have you already made a gift to USM in your will or trust? Please let us know.
IRA Qualified Charitable Distribution

If you have a traditional individual retirement account (IRA) and are at least 70-1/2 years of age, you can give up to $100,000 per year to charities and 501c3 non-profits (like USM) without being taxed on the distribution. A qualifying distribution must go directly from your IRA to the charity, and you may not receive any goods or services in exchange for your gift. This is a smart way to support USM while avoiding taxes on your required minimum distribution.

Please note that this rollover law only applies to IRAs and not other retirement accounts (401k, 403b, etc.). If using a charitable rollover is appealing to you, you have to option to roll over funds from your other retirement accounts to an IRA and then make a qualified charitable distribution. Please contact your financial advisor for additional information.