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Endowed and Planned Giving

YOUR LASTING LAKER EFFECT

Your Grand Valley. Your Passion. Your Legacy.

The loyal Lakers at Grand Valley State University, alumni and West Michigan community members who love Grand Valley and provide generous support year-in and year-out, are the margin of excellence that enables the incredible achievements of our Grand Valley students.

A growing number of Lakers are translating their love into their legacy with permanent funds, and gifts through their wills and estates. We invite you to join them. To honor this commitment and love, those who support Grand Valley with a planned gift will become members of the prestigious Gillett Society.

What will YOUR lasting Laker Effect be?


PLANNED GIVING MADE EASY

Major Gifts Everyone Can Make

When you dream of making a big difference, we are here to help you create a giving plan that works for you and your family. Did you know there are major gifts anyone can make that won't change your current lifestyle and will still provide for your family in the future?

The most popular planned gifts include:

If your goal is to:

  • Defer a gift until after your lifetime; plan now, give later
  • Maintain control of your assets during life

Then you can:

  • Name Grand Valley State University in your will or trust, using its Tax ID# 38-1684280 and address:
    1 Campus Drive
    Allendale, MI 49401
    (616) 331-6000
  • Designate a specific asset amount or percentage
  • Include Grand Valley as a contingent beneficiary

And your benefits are:

  • Donation is exempt from federal estate taxes
  • Control of assets for your lifetime
  • Help ensure future strength of GVSU

If your goal is to:

  • Avoid the income tax and potential estate tax on IRA or other employee benefit plans

Then you can:

  • Name Grand Valley State University as a sole, partial, or contingent beneficiary, using its Tax ID# 38-1684280 and address:
    1 Campus Drive
    Allendale, MI 49401
    (616) 331-6000
  • Make an IRA Charitable Rollover during your lifetime

And your benefits are:

  • Avoid income tax and any estate tax on plan distributions

If your goal is to:

  • Avoid tax on capital gains
  • Make a quick and easy gift

Then you can:

  • Contribute long-term appreciated stocks, bonds, or other securities to GVSU
  • Contact Gina Bovee for directions for your broker to wire stock gifts

And your benefits are:

  • Current federal tax deduction
  • Avoidance of capital gains tax
  • Remove property from taxable estate

NAMED ENDOWMENT FUNDS

Your Values Making a Difference Forever

Endowed funds are the lifeblood of a thriving university and student body. Endowments allow students and faculty opportunities to learn, explore, compete, and excel, enabling a vibrant learning community that attracts and retains the best and brightest Lakers today and tomorrow. 

You can create an endowed fund that reflects your love of Grand Valley and carries your or your family's name forever. You can establish your endowment with a one-time gift or pledge, or through your will or estate. An exciting new opportunity - a virtual endowment - is a blended form of giving that exactly accomplishes your wishes to make a difference today and leave your legacy for tomorrow.

Support Laker Effect campaign priorities with endowed funds for Scholarships, Student Support and Development, Academic Programs, and Faculty Positions. Whatever the size of your endowment gift, your name and your values will live on, inspiring new generations of students forever.

To learn more about Grand Valley endowments, visit the FAQ page.

Create a named endowment fund that accomplishes your goals and suits your means with:

  • One time gifts of cash or stock
  • Pledges over three to five years
  • Pledge to provide annual distribution and endow later, a Virtual Endowment
  • IRA Charitable Rollovers that allows tax-free distributions up to $100,000
  • Gifts through your will or a beneficiary designation
  • Gifts of assets like real estate, bonds, closely held stock or personal property
  • Any combination of the above that best suits your needs!

Want to make a difference today and help future Grand Valley students? You can start making gifts to cover the annual distribution from your named fund today and create a plan to build the fund with a pledge or gift through your will or a beneficiary designation in the future. This Virtual Endowment gives you the best of both worlds!

Charitably minded taxpayers have enthusiastically embraced the IRA charitable rollover as an opportunity to transfer up to $100,000 each year to charity without it being treated as a taxable distribution. Learn more about if you qualify to make an IRA Charitable Rollover.


CONTACT

Gina Bovee
Director of Endowed and Planned Giving
(616) 331-6534
boveeg@gvsu.edu