Planned Giving

A well-designed planned gift can provide you and your family with meaningful financial benefits, including tax savings and enhanced gifts to pass on to your loved ones, while creating a lasting legacy at UT Southwestern Medical Center.

Gifts by Will

Bequests by friends, grateful patients, and alumni play a continuing role in UT Southwestern’s financial strength. The full value of a bequest to UT Southwestern is deductible for estate tax purposes without limitation on the amount of the deduction. Bequests provide a way to make a contribution that may not have been possible during the donor’s lifetime, and have an impact for generations to come.

Life Income Gifts

Assets may be contributed to UT Southwestern while continuing to earn income for the donor. This type of charitable donation is applicable to the asset owner, a spouse, or designated individual. These instruments, such as charitable unitrusts or annuity trusts, can be established via a bank, through the Southwestern Medical Foundation, or The University of Texas System.

Charitable Rollovers from IRAs Extended Through 2011

On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. The act provides that owners of traditional and Roth individual retirement accounts (IRAs) who are over the age of 70-1/2 may transfer up to $100,000 per taxable year directly to qualified charitable organizations through December 31, 2011.

The amount transferred directly will not be included in the IRA owner’s gross income, and no itemized charitable deduction can be claimed for the amount transferred.