Memorials and Tributes
If you have a loved one who has been impacted by the faculty, staff, and programs at Towson University, 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 Towson University. 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 Towson University 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 email@example.com for additional information on creating a memorial gift at the Towson University Foundation.
- Seek the advice of your financial or legal advisor.
- If you make a memorial gift to the Towson University Foundation 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 illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual 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.