There are many ways to create a legacy at the University of the Pacific through your estate plan. You can name Pacific in a will, trust, or as a designated beneficiary of a qualified retirement plan, IRA, life insurance policy, charitable trust, or many other assets.

We have a created some resources below under Giving Toolkit to help provide valuable information for you and to share with your advisor(s). Please contact us if have any questions or would like to discuss ways of giving that could benefit you financially by reducing taxes or provide you income at 209-946-2775 or legacy@pacific.edu

Giving Toolkit

Take advantage of inflation

As we experience rising costs, your own assets may have gone up in value too. It may be time to consider donating those appreciated assets instead of cash. Donating appreciated assets like stocks create two tax benefits – you’ll off-set capital gains and receive a charitable tax deduction on your tax return.

Take advantage of higher interest rates

Interest rates have gone up, but so have Charitable Gift Annuity (CGA) annual income rates. You can lock in these higher rates for life when you set up a CGA. This type of gift pays you income for life and the higher interest rates make a charitable deduction even larger. For an extra tax benefit, you can establish a CGA by giving appreciated assets instead of cash.

Take advantage of tax savings by making a gift through your IRA starting at age 70½

Even though you are not required to take a mandatory distribution from your IRA until 72, direct donations from your IRA are allowed starting at 70 ½. These direct donations are called Qualified Charitable Contributions, and you and your spouse can each give up to $100,000 per year. It’s a smart way to give because the earned income is never taxed once its gifted directly to Pacific.

Take advantage of tax savings for your heirs through IRA beneficiary designations

Many Tiger supporters like to include charitable gifts in their estate plans. One tax smart strategy is to designate Pacific as a beneficiary of an IRA, 401(k), or 403(b) account, or to designate a charitable gift to Pacific from your retirement account as part of your will or trust. By giving from your retirement account instead of other assets, like cash, your heirs can save on income taxes. Talk with your financial and tax advisors on how to leverage this type of legacy gift.

Each year University of the Pacific’s Office of Estate and Gift Planning receives many inquiries about how to start an estate plan, which attorney to use, how to save taxes and ways to provide for loved ones.

Our students benefit greatly because generous donors took the time to include Pacific in their plans. This guide is our way of saying “thank you” and our hope is that it helps you find the right attorney and prepare for the consultation.

Sample Wording for Will and Living Trust Bequests

  1. Unrestricted Bequest
    I/we, [full legal name(s)], of [County, State] give and bequeath to University of the Pacific, a non-profit 501(c)(3) corporation organized under the laws of the State of California and located in Stockton, California, the sum of $__________________dollars (or ____% of my estate or description of property), to be used as the University may direct.

  2. Bequest for Unrestricted Endowment
    I/we, [full legal name(s)], of [County, State] give and bequeath to University of the Pacific, a non-profit 501(c)(3) corporation, organized under the laws of the State of California and located in Stockton, California, the sum of $____________________ dollars (or ____% of my estate), to be invested and preserved as part of the scholarship endowment fund of the University.

  3. Bequest of Real Estate
    I/we, [full legal name(s)], of [County, State] give and bequeath to University of the Pacific, a non-profit 501(c)(3) corporation organized under the laws of the State of California and located in Stockton, California, all that unencumbered real property described as_________________________________ (Insert property address) along with the appurtenances in fee simple, for the use and benefit of the University [or state purpose here].

  4. Residuary Clause:
    I/we, [full legal name(s)], of [County, State] give all the rest, residue, and remainder of my/our estate, [real, personal and mixed], of whatever kind of nature, and wherever situated, to University of the Pacific, a non- profit 501(c)(3) corporation organized under the laws of the State of California and located in Stockton, California, to be used as the University may direct [or state purpose here].

  5. Bequest for Restricted Endowment Scholarships:
    I/we, [full legal name(s)], of [County, State] give __________[state specific school or unit]_______at the University of the Pacific, a non-profit 501(c)(3) corporation organized under the laws of the State of California and located in Stockton, California, $________________ (or ____% of my estate), to [establish or enhance] “The _______________________ Endowed Scholarship. The fund shall be used to establish or enhance a scholarship or scholarships as outlined in my University of the Pacific gift agreement. *Note: restricted endowments must be accompanied with a gift agreement, please contact the Office of Estate and Gift Planning to assist you with this step.

  6. Beneficiary Designation Change Form: List spouse as primary (first) beneficiary and University of the Pacific, a non-profit 501(c)(3) corporation organized under the laws of the State of California and located in Stockton, California as secondary (contingent) beneficiary.

    Bequest Designation for Retirement Account: The beneficiary is my spouse as long as [he/she] survives me. If my spouse does not survive me, I give and bequeath ___% of my retirement account held at ____________ to the University of the Pacific, a non-profit 501(c)(3) corporation organized under the laws of the State of California and located in Stockton, California, to be used as the University may direct [or state purpose here].

    **Please insert the appropriate school designation after “University of the Pacific” to direct support to a specific school, unit or program. For Example: University of the Pacific, McGeorge School of Law

    University of the Pacific’s TAX ID #94-1156266

The codicil, to be valid, must be signed in the presence of witnesses, and the original should be placed with your other valuable papers. A copy can go to your lawyer and a copy to University of the Pacific.

Thank you for your interest in making a gift of stock or mutual funds to University of the Pacific. We are grateful for your support! There are two significant benefits to giving appreciated marketable securities: First, such gifts create an income tax charitable deduction equal to the current fair market value of the securities being given. Second, such gifts normally allow the donor to avoid the capital gains tax otherwise payable on the appreciation in the value of the securities being given.

During normal business hours please contact Advancement Services at 209-946-2202.  

In your work as an advisor, you value professionalism, integrity and honesty, taking the utmost care when serving your clients.

As a nonprofit organization, University of the Pacific shares your values and takes the same care when it comes to helping our donors plan charitable gifts.

We believe that charitable planning is a process that ideally involves the donor, professional advisors, and our gift planning staff — all working together to arrange the best gift possible. Our development team is well-trained and skilled in the application of all vehicles of strategic philanthropy.

209-946-2775 or legacy@pacific.edu

Pacific faculty and staff have always been strong supporters of this university’s commitment to provide education that is a rich blend of liberal arts and professional education from the highest quality educators. You are making a difference now, and have the opportunity to make a lasting difference for future generations.

Faculty and staff giving demonstrates to our alumni and friends that we are people with shared goals, dreams, and priorities who value this university and the contributions our work makes to our communities.

Please join your colleagues in supporting our university and the contribution that we all make in the lives of our students. Donations can be made in a variety of ways, and faculty and staff can designate for any school or department, or for scholarship purposes—simply tell us where to direct your support.

How do I add Pacific as a beneficiary on my TIAA Retirement Account

Letter of Intent

Make a lasting difference for future Tigers!

Contact information

Jen Aldridge, CSPG
Certified Specialist in Planned Giving
Director of Estate Gift Planning
209- 946-2775 / legacy@pacific.edu

Legal name: University of the Pacific
Address: 3601 Pacific Avenue Stockton, CA 95211
Federal Tax ID number: 94-1156266

The content found on this site is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, it is expressly recommended that you consult an attorney, financial advisor or other qualified professional.