Gift Planning Tools

Charitable Remainder Unitrusts
(Gift illustration)

How it works

You transfer cash, securities or other appreciated property into a trust (minimum gift of $50,000).

The trust pays (generally quarterly) a percentage of the value of its principal, which is re-valued annually, to you or to beneficiaries you name.

When the trust terminates, the remainder passes to the West Virginia University Foundation to benefit WVU, Potomac State College of WVU, the Mountaineer Athletic Club or West Virginia 4-H.

Benefits

• You receive an immediate income tax deduction for a portion of your contribution to the unitrust.
• You pay no upfront capital gains tax on appreciated assets you donate.
• You or your designated beneficiaries (age 50 or older) receive income for life or a term of years (up to 20).
• You can make additional gifts to the trust as your circumstances allow and qualify for additional tax deductions.
• You have the satisfaction of making a significant gift that benefits you now and West Virginia University later.
• You may specify that the remaining funds will create a permanent endowment fund with the WVU Foundation.

For more information

Email us, complete the personal illustration form, or call us at so that we can assist you through every step of the process.

West Virginia University Foundation
One Waterfront Place, 7th Floor
Morgantown, WV 26501
(304) 284-4000