Leaving a Legacy, Making an Impact

A legacy gift can be of any size and only needs a plan of action. Preparing ahead for giving away your assets is almost as important as planning to accumulate them in the first place.

A retirement plan, such as an IRA, can be your most significant asset. In addition to providing retirement income, it can be a smart source for charitable giving. You can designate Bryn Mawr College or any charitable organization as a primary, contingent, or partial beneficiary of your IRA or other retirement plan. You reduce your taxable estate and avoid income tax, while the College receives the full amount of the untaxed gift. The process is made simple through your online account where you can find a beneficiary designation form or request one directly from your plan custodian, insurance agent, or bank branch.  For more information view our guide on Retirement Plan Assets.

If you have provided for Bryn Mawr College in your estate plans, but have not previously notified us of your intentions, please contact the Office of Gift Planning at 610.526.6597 or giftplanning@brynmawr.edu. Sharing your plans with us allows us to express our gratitude to you during your lifetime, ensures that your wishes will be met, and assists the College with its long-term planning.