There are many different forms of planned giving, from simple bequests, to more complicated trust agreements, all of which are designed to best meet your goals and individual situation. Should you wish to discuss or learn more about Planned Giving, please call 412-383-8756.
 
Bequest
You provide now for a future gift to the Foundation, by including a bequest provision in your will or revocable trust. If you have added, or plan to add, The Eye & Ear Foundation in your will or revocable trust, please contact us for the appropriate language in order to make sure your wishes are observed.

Charitable Gift Annuity
Immediate: The transfer of cash or securities to the University of Pittsburgh, who will pay you, or an annuity you name, whereupon the remaining principle will pass to the Eye & Ear Foundation when the contract ends.

Deferred: The transfer of cash or securities to the University of Pittsburgh, who will pay you starting on a specified date, fixed annuities for life. Upon the end of the contract, the principle will pass to the Eye & Ear Foundation.

Charitable Gift Annuities can be complicated, and we suggest if you are interested in creating one, to contact us at (412) 383-8756 for a more detailed explanation of the process involved.

Charitable Lead Trust
When you contribute a principle to a charitable lead trust, the trust will make annual payments to the Eye & Ear Foundation for a fixed period of time. At the termination, the remaining principle is paid to your designated heirs.

Remainder Annuity Trust
 A principle is transferred into a trust, which makes fixed annual payments to you or named beneficiaries. Upon termination of the trust, the remaining principle goes to the Eye & Ear Foundation.

Remainder Unitrust
If you transfer a principle or appreciated property into a trust, it will pay a percentage of the principle value, which is re-valued annually, to you or designated beneficiaries. Upon termination of the trust, the remaining principle passes to the Eye & Ear Foundation.

Retained Life Estate
Should you decide to transfer your residence, farm, or vacation home to the Eye & Ear Foundation as part of a life estate, you remain responsible for all taxes and upkeep of the residence and may continue to live in it for life or a specified term of years. When your life estate ends, the property passes to the Eye & Ear Foundation.

Testamentary Life Income Gifts
In your will, it can designate a bequest to the Eye & Ear Foundation. Create a provision that the bequest first create a life-income gift benefiting your designated heirs. Upon the conclusion of their income interest, the remaining balance in the gift passes to the Eye & Ear Foundation.

If you have any questions or concerns regarding a planned gift you wish to make, please do not hesitate to contact us for more information. More detailed descriptions, including graphics and listed benefits, of the various planned gifts can be found on the University of Pittsburgh's planned giving website.