Make a Gift in 4 Easy Steps

Beneficiary Designations Are Easy and Flexible
Not everyone wants to commit to making a gift in their will or estate.  Some prefer the increase flexibility that a beneficiary disignation provides by using:
  • IRAs and retirement plans
  • Life insurance policies
  • Commercial annuities
It only takes four, simple steps to make this type of gift.  Here's how to name Friends of Bocconi University as a beneficiary:
  1. Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.  This form can often be found online and completed electronically.
  2. Decide what percentage you would like us to receive and name Friends of Bocconi University, along with the percentage you chose, on the beneficiary form.
  3. Return the completed form to your plan administrator, insurance company, ban, or financial institution.
  4. Tell Friends of Bocconi University of your allocation wishes for your gift.
An Example of How It Works
Andrea and Francesca treasure the financial help they've been able to give their children and Friends of Bocconi over the years. The couple recently updated their will to leave stocks and real estate to their children. They left Friends of Bocconi a $75,000 IRA to be transferred following their lifetime. Because Friends of Bocconi is tax-exempt, all $75,000 will help support Bocconi.
If Andrea and Francesca had left the IRA to their children, approximately $18,000* would have gone to pay federal income taxes—leaving only $57,000 for their family's use. Andrea and Francesca are happy knowing they are making the most of their hard-earned money thanks to their estate plan.
*Based on an assumption of a 24% marginal income tax bracket.
 
Fund Your Donation With:
  • Retirement Plan Assets
  • Commercial Annuities
  • Life Insurance
  • Bank Accounts, Certificates of Deposit or Brokerage Accounts
Learn More
Download our guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.
View My Guide >
Make Sure You Have a Plan for All Your Assets
Download our Personal Estate Planning Kit
Download Kit >
 
 
Next Steps
  1. Contact Cahill Zoeller at (609) 240-3700 or cahill.zoeller@friendsofbocconi.org for additional information on giving a gift of cash.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Friends of Bocconi University in your plans, please use our legal name and federal tax ID.
  4. Let Cahill Zoeller know if you have included Friends of Bocconi University in your plans so that we can invite you to join the Ettore Bocconi Society.
          Legal Name: Friends of Bocconi University, Inc.
          Address: 555 Madison Avenue, 11th floor, New York, NY 10022
          Federal Tax ID Number: 36-4769050

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.