Planned Giving

Naming Phi Delta Theta as the beneficiary of a qualified retirement plan (IRA, 401k), investment account, or annuity is an easy way to make a future gift. There is no cost to make these designations and they can easily be changed at any time. Passing this gift to charity is 100 percent tax free.

How does it work?

Retirement savings are an easy and risk-free way to fund your legacy. If you own a retirement plan such as an IRA, 401K, or 403B, you can leave a lasting legacy and maximize your charitable impact with significant tax savings for your heirs.

Simply fill out a beneficiary designation form provided by your retirement account holder. Name the Phi Delta Theta Foundation as your sole, or one of many beneficiaries of your legacy gift. You may choose to designate either a percentage or the entirety of your retirement plan in this risk-free way.

What are the benefits?

• Easy to Do – Completing the beneficiary designation form does not require a lawyer or accountant, and there are no fees.

• Revocable – Revoke or modify beneficiary designation forms any time during your lifetime, at no cost to you.

• Use of Retirement Assets during Lifetime – You may continue to use funds from the retirement plan as needed during your lifetime, passing the remainder to your designated beneficiaries after both spouses have passed away.

• Tax Savings – Your heirs are subject to taxes when they inherit retirement funds, while public charities are not. Charitable organizations will receive 100 percent of your gift if designated as beneficiaries.

• Qualified Charitable Distribution (QCD) can be made directly from and IRA annually if you are 70 1/2 or older.

Ready to get started?

Designating the Phi Delta Theta Foundation as the beneficiary of your insurance policy or retirement fund is one of the easiest ways to set up a legacy commitment. It usually involves filling out a form—and can even be done online. There is no need for a lawyer or any other step. The one thing you may need to supply the fund manager is the Tax ID for the organization of your choice.

The tax ID for the Phi Delta Theta Foundation is 34-6539803

You have supported your family and charities during your lifetime. A will or trust is a purposeful way for you to continue your tradition of lifetime giving. Designating the Phi Delta Theta Foundation as a beneficiary in your will or trust is a simple way to make a future gift. In addition, you can change or revoke this type of gift if your situation changes.

How does it work?

You have supported your family and charities during your lifetime. A will or trust is a purposeful way for you to continue your tradition of lifetime giving. Designating the Phi Delta Theta Foundation as a beneficiary in your will or trust is a simple way to make a future gift. In addition, you can change or revoke this type of gift if your situation changes.

Through a formal legal document, you can provide for family and friends, and designate a gift of a specific dollar amount or percentage of your estate to Phi Delt.

What are the benefits?

• Cash flow unaffected – A gift in your will or trust does not affect your cash flow during your lifetime.

• Keep control – Your assets remain in your control during your lifetime.

• Modify if needed – You can modify or revoke your gift designations at any time if circumstances change.

• Direct your gift – You can direct your gift to specific causes you are passionate about.

Ready to get started?

Contact our team

• Andrew Cole – Senior Vice President of Advancement
• Brayden Hosman – Advancement Officer

Receive an immediate tax deduction when you contribute cash, stocks, or other assets to a donor-advised fund, and you can make annual gifts to the Phi Delta Theta Foundation whenever you wish, and designate any remaining funds as a legacy gift.

How does it work?

Are you looking for an easy, cost-effective way to support Phi Delta Theta Foundation and other causes you love? A donor advised fund, which is like a charitable savings account, may be the right choice for you.

Here’s how it works. You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend—but not direct—how much and how often money is granted to the Foundation or other charities—sometimes as easily as using a Web portal. And you avoid the cost and complexities of managing a private foundation.

You qualify for a federal income tax charitable deduction at the time you contribute to the account, and the power to make recommendations on which charities to support whenever you want. You centralize your giving and record-keeping in one location. And maybe best of all, you can start a legacy of giving by letting your children help decide which grants to recommend.

Make both annual and legacy gifts

You may make grants of at least $100 to virtually any IRS-qualified public charity whenever you decide. You can also leave the balance of your fund to charities as a legacy gift and/or designate your family members as successor advisors.

What are the benefits?

• Maximum tax advantages – Receive an immediate tax deduction for the full market value of contributions and pay no capital gains or estate tax.

• Anonymous – Ability to be anonymous, allowing for discretion and privacy.

• Professional and personalized service – Receive strategic, confidential, philanthropic advice from dedicated staff.

• Convenient – All paperwork, administration, and record-keeping is done for you in one centralized account. An online portal is available at no cost, 24 hours a day.

Ready to get started?

Contact your financial advisor today.

Life insurance can be used to fund a charitable gift, enabling you to make a substantial legacy gift for a relatively modest cost. There are several ways to utilize life insurance as a legacy giving strategy either through an existing life insurance policy that you already own or through a newly issued policy owned by the Phi Delta Theta Foundation.

How does it work?

You may transfer a fully-paid existing insurance policy to the Phi Delta Theta Foundation and name it as the policy’s irrevocable owner and beneficiary. Phi Delt is assured of a guaranteed sum in cash at the end of your life, to be used for purposes that you specify. You may receive a tax deduction for the value of the policy at the time of the contribution of the policy to the organization.

You may also purchase a life insurance policy and name Phi Delt as the irrevocable owner and beneficiary. You make the annual premium payments for a limited number of years, for which you may also receive a charitable income tax deduction. At your death, the insurance policy’s benefits go to the Phi Delta Theta Foundation as you specify and thereby fulfill your legacy gift.

What are the benefits?

• No cost – A change in the beneficiary designation of an existing policy will allow you to make a legacy gift without any additional cost.

• More charitable – A gift of an existing policy could provide the policy owner with an additional charitable deduction.

Ready to get started?

Contact our team

• Andrew Cole – Senior Vice President of Advancement
• Brayden Hosman – Advancement Officer