Gift Planning Tools

Gifts of Retirement Assets
(Gift illustration)

How it works

You name the West Virginia University Foundation as the beneficiary of your IRA, 401(k) or other qualified plan. We'll help you prepare an agreement that will assure the best use of your retirement funds.

After your lifetime, the residue of your plan passes to the West Virginia University Foundation tax-free.

Benefits

• You can escape both income AND estate tax levied on the residue left in your retirement account by leaving it to the West Virginia University Foundation to benefit WVU, Potomac State College of WVU, the Mountaineer Athletic Club or West Virginia 4-H.
• Give the most-taxed asset in your estate to the WVU Foundation, and leave more favorably taxed property to your heirs.
• You can continue to take withdrawals during your lifetime.
• You can change the beneficiary if your circumstances change.
• You can specify that you gift 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