Fund-raising Potpourri
Kim
Thompson
LPI Director of Development
Dear Friends of the LPI,
It is easy to include the Linus Pauling Institute in your estate. Gifts made in a will or living trust agreement provide several benefits to the donor, in addition to benefiting the Institute. Planned gifts preserve assets for lifetime needs and make distributions only after death. Gifts made in this manner complement a lifetime of giving and may be placed in endowment so that the principal is never used. Gifts by bequest will pass assets to the Oregon State University Foundation for the Institute free of all estate taxes. Of greatest importance, a bequest benefiting the Linus Pauling Institute will give you the satisfaction of knowing that your assets will be used for immeasurable good, long into the future.
A gift by bequest can be made using one of the following methods:
- You may designate that either a percentage or all of the residual estate is given (after specific bequests have been paid).
- Your bequest may designate that a fixed dollar amount be contributed.
- You may wish to bequeath a particular item such as a piano, work of art, rare books, real estate or securities.
- A contingent bequest may be made if you wish to provide for the undetermined needs of survivors. Your assets will then be given for the benefit of the University only if these beneficiaries precede you in death or upon their later death.
Oregon State University has directed that all gifts or donations for the benefit of the Linus Pauling Institute be made to the Oregon State University Foundation. Such gifts will be managed, invested, reinvested and distributed in accordance with the donor's wishes.
The suggested designation for a restricted Bequest or Trust distribution for the Linus Pauling Institute is:
"...to the Oregon State University Foundation, an Oregon nonprofit corporation, with its principal office in Corvallis, Oregon, for the benefit and use by the Linus Pauling Institute at Oregon State University, 850 SW 35th, Corvallis, Oregon 97333, for the purposes and objectives for which it was created and exists, as may be recommended by the Director of the Linus Pauling Institute."
Many friends of the Institute have included the LPI in their estate plans. If you have any questions or if you have already included the LPI, we would like to hear from you. Please contact me directly at 1-800-354-7281 or by email at kim.thompson@orst.edu.
Best regards, Kim
Last updated November, 2001