Planned Gifts

Planned Gifts

Planned gifts, as opposed to outright gifts, allow you to reserve some interest in the asset or assets you use to make the gift.

Bequests are an integral part of the University of Chicago’s financial support and long-term security. By including the Division of the Biological Sciences or the Pritzker School of Medicine in your will or trust document, or naming either as a beneficiary or your retirement plan, you demonstrate your commitment to-and confidence in-the continued excellence of the BSD and the medical school and leave a meaningful legacy for future generations. The University’s Office of Gift Planning can provide you with sample bequest language or discuss how a charitable bequest or designation can be integrated into your estate plan.

Life-income gifts allow you to make a gift while retaining the right to receive income from the property (or proceeds from the sale of such property) used to make the gift. You will receive a charitable deduction for your gift and can benefit from other tax and financial advantages such as avoidance of capital gains, diversification of your portfolio, favorable tax treatment of future income payments and reduction of estate tax liability. Moreover, these types of gifts can be customized to meet your particular financial and charitable objectives.

For more information on various types of planned gifts and how they work, please visit the University’s Office of Gift Planning website.


If you have any questions about planned giving, please contact staff at:

Office of Gift Planning