Office of Gift Planning

Bequests

You may make a gift of cash, securities, real estate, or other assets by providing in your will for a bequest to the University. Your gift may be a specific bequest of a designated sum or asset, or it may be a percentage of your residuary estate.

The value of your bequest to the University is fully deductible for estate tax purposes. You may also establish an income-producing planned gift for the benefit of others through your will, thereby reducing your taxable estate. A bequest, whether outright or to fund a planned gift, can be a useful and advantageous addition to your estate plan.

If you have provided for the University in your estate plans but have not previously notified the University of your intentions, please contact the Office of Gift Planning at (773) 702-3130 or giftplan@uchicago.edu. By providing documentation of your intentions, your gift may be able to be counted towards the Chicago Initiative fundraising campaign.

In order to provide advancement opportunities for promising young women scientists, Dr. Lawrence Lerner (AB '53, SM '55, PhD '62) and his wife Dr. Narcinda Lerner (SM '59, PhD '62) have set aside half of their estate to establish the Lawrence S. and Narcinda R. Lerner Professorship in the Department of Chemistry.
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This website is intended to provide general information that we hope will be helpful to you in your tax, estate, and charitable planning. It is not intended as legal advice and should not be relied upon as legal advice. Figures, calculations, and tax information are based on federal tax laws, regulations, rulings, and rates applicable at the time such information was prepared. Individual state laws may have an impact on the availability of gift annuities. For advice or assistance with your particular situation, you should consult an attorney or other professional advisor.