RIT Alumni Association
RIT Alumni Association

We all desire significance—to lead happy and fulfilled lives surrounded by family and friends. For many, there is a compelling need to make a difference—to leave a lasting impact on the people and places that are held most dear. What kind of legacy will you leave?

A charitable bequest—written into a will or trust—is the easiest and most tangible way to have a lasting impact on the people and organizations that mean the most to you. A bequest is often an effective way to make a gift to charity while reducing future tax burdens to your loved ones.

Benefits of Bequests
A bequest to a qualified charity such as RIT is one of the simplest ways to support a meaningful cause. Here are some benefits to you:

  • It costs you nothing today
  • You retain full control of your assets during life
  • You can amend it to reflect changing circumstances
  • You can still benefit your heirs with specific gifts
  • Your federal estate tax bill may be reduced
  • The support you provide could far exceed what you initially thought was possible

How to Make a Bequest
Making a bequest is easy. With the help of an advisor, you can include a provision in your will or trust that leaves a lasting gift to your favorite charity. Your bequest could be a gift of specific assets (such as a vehicle, artwork or coin collection), a dollar amount ($5,000, $10,000, $100,000, etc.), or a percentage of your estate (5%, 12%, 50%, etc.). A bequest may also be made from the residue of your estate – what is left after all transfers have been made to your heirs.

To make a bequest to Rochester Institute of Technology, you should consult your attorney. Feel free to contact our office for basic bequest language or other pertinent information to assist you and your attorney with this process.

As you navigate the highly personal estate planning journey, we are pleased to also offer the following previously recorded meRIT webinars as additional resources:

Remember to visit RIT’s legacy planning website, which is regularly updated with news from Wall Street to Washington, donor stories, and Ellingson Society information. There you will find a wealth of estate planning information including more downloadable materials, helpful videos, and answers to some of your most pressing questions.

We appreciate your interest and are here to help. Please contact our planned giving office at plannedgiving@rit.edu, or call Hall Burrall, 585.475.3106.

If you would prefer to be contacted directly, please complete the following form:

please make sure your First Name contains no special characters or numbers
please make sure your Last Name contains no special characters or numbers
Please make sure your Graduate Year is four numbers long
please make sure your email address format is valid i.e. example@test.com
please make sure your Telephone contains no letters or special characters and is at least 5 digits long

It is more than a gift. It is your legacy.

Disclaimer: The information included on this website is not intended to be legal or tax advice and may not be relied upon for tax decisions you wish to make. Always contact your tax or legal advisor to see if the ideas discussed in this article are appropriate for you.