Memorials and Tributes
If you have a loved one who has been impacted by the faculty, staff, and programs at the Towson University Foundation, establishing a memorial or tribute gift is a meaningful way to honor your loved one or celebrate a special occasion, such as a birthday, while supporting the work of the University. Your memorial or tribute gift will be a lasting tribute to your loved one and make a difference in the lives of TU students for generations to come.
A Real-Life Example
When Sarah's father passed away, she knew she wanted to do something that would establish a lasting legacy for him at the Towson University Foundation. She remembered that he attributed much of his success in business to the University and its excellent faculty.
Sarah decided to make a gift to the Towson University Foundation in her father's name using appreciated securities. Not only will her father's legacy live on here thanks to the gift and a commemorative plaque, but Sarah also received a federal income tax charitable deduction (because she itemizes her taxes) and eliminated capital gains tax on the securities.
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Get Started With These Next Steps
- Contact Kathleen Hider at 410-704-6287 or firstname.lastname@example.org for additional information on creating a memorial gift at Towson University.
- Seek the advice of your financial or legal advisor.
- If you make a memorial gift to Towson University through your estate, please use our legal name and federal tax ID.
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 hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.