Planned Giving

Gifts Anyone Can Make

These gifts often do not affect cash flow during lifetime.

Gifts That Protect Assets

Maintain Benefits of an Asset.

Gifts That Provide Income

These gifts pay you in return.

Bequest Language

A gift to Holy Family University in your will or revocable trust enables you to support our mission and make a difference in the lives of future generations. A bequest:

  • is easy to arrange.
  • will not alter your current lifestyle in any way.
  • can be easily modified to address your changing needs.

Residual Gift Language

A residual bequest comes to us after your estate expenses and specific bequests are paid:

I give and devise to Holy Family University (Tax ID #23-1501197), Holy Family University,  9801 Frankford Avenue, Philadelphia, PA 19114, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).

Specific Gift Language

Naming Holy Family University as a beneficiary of a specific amount from your estate is easy:

I give and devise to Holy Family University (Tax ID #23-1501197), Holy Family University,  9801 Frankford Avenue, Philadelphia, PA 19114, the sum of $___________ (or asset) to be used for its general support (or for the support of a specific fund or program).

Contingent Gift Language

Holy Family University or its affiliates can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:

If (insert name) is not living at the time of my demise, I give and devise to Holy Family University (Tax ID #23-1501197), Holy Family University,  9801 Frankford Avenue, Philadelphia, PA 19114, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program).

Retirement Plan Beneficiary Language

You may name Holy Family University (Tax ID #23-1501197) as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.

Naming Holy Family University as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming Holy Family University as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support Holy Family University free of both estate and income taxes.

Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change-of-beneficiary form from your plan administrator. When you have finished, please return the form to your plan administrator and notify Holy Family University. We can also assist you with the proper language for your beneficiary designation to Holy Family University.

Customized Language

If you or your attorney would like Holy Family University to provide you with customized beneficiary language that is specific to your goal and interest, please contact us.