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Indiana University Foundation Office of Gift Planning Services Post Office Box 500 Bloomington, IN 47402 812-855-8311 or 800-558-8311 © The Stelter Company The information in this publication is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. We Can Help We would love to work with you to help you create a lasting legacy that honors your values for many years to come. Please contact us today to learn more about establishing an endowment with Indiana University. Jeff wants to support our annual needs throughout his lifetime by writing a check for $5,000 to IU each year. His gift qualifies him for a $5,000 federal income tax charitable deduction on his taxes each year he makes the donation. Jeff would also like to extend his support after his lifetime. He makes a generous bequest in his will of $125,000 to Indiana University to establish a new endowment. After Jeff's lifetime, we use a portion of the endowment each year to fund our programs and reinvest the remainder, allowing it to grow and support annual payouts indefinitely. The $125,000 bequest also reduces the size of Jeff's taxable estate at death. Jeff is able to support our current needs during his lifetime with his annual gifts, and the establishment of his endowment ensures his support continues indefinitely after his lifetime. A Case Study of Benefits

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