Planned Giving

Planned Giving Opportunities

The University offers a number of planned giving opportunities for donors who wish to make substantial gifts to Rosalind Franklin University of Medicine and Science in ways that complement their personal financial, retirement or estate planning.

Bequests, Wills and Trusts
You may include specific language in your will or trust, naming Rosalind Franklin University of Medicine and Science or one of our four colleges as a recipient of a planned gift. You may include: tangible assets, such as cash, personal or real property, a percentage of your estate or the residue of your estate; or intangible assets, including life insurance, retirement savings or other deferred gifts.

Life Insurance Policies
Paid up Life Insurance policies are one of the easiest ways to make a gift to the University. Just designate the University as the owner and beneficiary of the paid up policy.

Life Income Gifts
The University offers donors many life income gift options which provide the donor or designated beneficiary with a scheduled income and potential favorable tax considerations.

Charitable Remainder Trust
This type of irrevocable trust allows the donor to specify how income and principal are to be distributed. The trust can be for the lifetime of the donor or for a specified number of years. This type of trust offers income on a percentage basis that can be hedged against inflation over the period of the trust.

Charitable Gift Annuity
This type of annuity pays a fixed dollar amount for life. The amount of payout is based on the income beneficiary’s age at the time the contract is signed. Charitable Gift Annuities are irrevocable.

Deferred Gift Annuity
This type of annuity allows the donor to claim an immediate income tax deduction but defers receipt of income for a specified number of years.

Charitable Lead Trust
This type of trust allows for an income producing asset to generate income for the University for a fixed term. At the end of the term, the asset is returned to the donor or to their designated beneficiary.

For more information on Planned Giving Opportunities, please look at the University's Gift Acceptance Policy or contact:

Mark Russell – Director of Annual Giving
Ph# 847-578-8340  

Because of the legal and tax aspects of making life income gifts, donors should seek expert assistance from a qualified tax advisor.

Legacy Societies

Rosalind Franklin University's Legacy Society

Recognizing those members of our community who have chosen to include the University in their wills or have named the University as a beneficiary of a charitable trust, annuity, estate agreement or life insurance policy.

Dr. William J. Stickel Society

The Stickel Society helps strengthen the educational, research and patient care programs at Scholl College.  The Stickel Society recognizes those that have made an outright or planned gift of $25,000 or more to Scholl College.

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