Continue Supporting the Towson University Foundation After Your Lifetime

Beneficiary Designations

Passionate about supporting the future of the Towson University Foundation and its students even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name the Towson University as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.

Not only is it an easy way to give, but it's also flexible-you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.

It only takes three, simple steps to make this type of gift. Here's how to name the Towson University as a beneficiary:

  1. Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
  2. Decide what percentage (1 to 100) you would like us to receive and name the Towson University Foundation, along with the percentage you chose, on the beneficiary form.
  3. Return the completed form to your plan administrator, insurance company, bank or financial institution.

A Real-Life Example

Balancing a full-time dual major in chemistry and environmental science with a part-time laboratory job might be a formula for disaster. Fortunately, John Richardson '88 is a master at balancing equations.

Richardson earned an associate's degree in chemical technology and toxic waste management before entering Towson in 1986. Serendipity intervened two years later, when Richardson's employer decided to sell the business and the freshly minted graduate needed a job. He bought the facility located in Catonsville, Maryland, and founded a certified environmental analytical testing laboratory. Today, Phase Separation Science is thriving, and Richardson proudly counts other Towson alumni among his company's 18 employees.

Read more about why John Richardson has made the Towson University Foundation a beneficiary of his life insurance policy. 

Get Started With These Next Steps

  1. Contact Kathleen Hider at 410-704-6287 or khider@towson.edu for additional information on beneficiary designations and how they can help support Towson University with our mission.
  2. Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
  3. If you name Towson University in your plans, please use our legal name and federal tax ID.
Legal Name: Towson University Foundation, Inc.
Address: Towson University Foundation, 8000 York Road, Towson, Maryland 21252-0001
Federal Tax ID Number: 52-0939453