Thoughtful Estate Planning – and Gifts That Cost You Nothing Today!

October 2023

Mr. Hiltwein

"The meaning of life is to find your gift. The purpose of life is to give it away." - Pablo Picasso

You have worked hard all your life to save, invest and grow your assets. If you are like most people, you are looking for ways to minimize taxes and maximize monetary gain, while getting the most satisfaction from your hard-earned money.

The Kean University Foundation’s Office of Planned Giving can help you maximize the satisfaction you receive from your assets while also helping you accomplish your philanthropic goals. There are many tax-smart ways to leave a legacy while providing for your family, friends and the charities you care about through thoughtful estate planning.

Gifts that have a big impact that cost you nothing today!

Charitable Bequest: Including a charitable bequest in your will or trust to benefit the Kean University Foundation is one of the most popular ways to provide for future students at Kean that costs you nothing today!

Beneficiary Designation Gifts: Naming the Kean University Foundation as a beneficiary of your retirement account, life insurance policy or donor advised fund is another easy and popular way to provide for future students at Kean. Beneficiary designation gifts pass outside of probate, cost you nothing today and reduce the estate taxes owed by your heirs.

Gifts you can make today from highly appreciated assets that will reduce your taxes!

Gifts of Appreciated Stock: Gifts of appreciated stock or securities are a great way to support the Kean University Foundation today! When you make a gift of appreciated stock or securities, your gift can be up to 20% larger because you avoid the capital gains taxes you would normally incur from selling the stock and then donating the cash. This means more money going to the mission that you care about the most.

IRA Qualified Charitable Distribution or IRA Rollover: If you are 70½ or older, you can make a tax-free gift directly from your IRA. Even better, if you are 72 or older, this gift will count towards your required minimum distributions (RMDs). In either case, you will reduce your taxable income (even if you do not itemize) while making a significant impact on students at Kean University!

To learn more, contact Lori Funicello, Director of Planned Giving, at lfunicel@keanfoundation.org or via phone at (908) 481-5336. Visit our website at keanlegacy.org to sign up for our monthly planned giving e-newsletter!

Social Media Community Guidelines

The Kean University Foundation manages several social media channels. Through these channels, we aim to facilitate supportive conversations and share informative, engaging content. But please note—if you post to one of our social media channels, send us messages, reply to our tweets or comment on any of our posts, you are agreeing to follow and adhere to these Social Media Community Guidelines.

Additionally, please remember that the comments and responses you read on our channels from other community members come from them, not us. The content of other peoples’ comments, opinions and statements, even if they’re posted on our channels, do not necessarily reflect our views—they are the responsibility of the members of the public who choose to post them.

In order to help us keep our Kean University Foundation and Kean Alumni social media channels as supportive places to discuss shared topics of interest, please abide by the following Social Media Community Guidelines:

Be Respectful
1. Respect is a core part of being a Kean Cougar. Although we welcome your comments and feedback, you must take the responsibility to share both in a way that is respectful to Kean University, our team members and our overall community.
2. We will not tolerate comments, replies, messages or posts that are inappropriate, harassing in nature, or otherwise abusive.
3. We do not welcome comments, replies, messages or posts that are promoting or soliciting a third-party site. This includes third-party products and initiatives.
4. Social media is not the proper forum to send us feedback about our services. Please email kuf@keanfoundation.org for help with those topics.
5. We reserve the right to remove comments/replies/message that do not adhere to our policies, or any content that we believe does not comply.
6. We reserve the right to block or ban anyone who violates our policies.

Comment Moderation and Responses
1. We monitor our social media channels on weekdays, during normal business hours. We try to respond as soon as we are able.
2. Although we are moderating our social media channels to ensure that those commenting are complying with our guidelines, we are not responsible for anything posted by members of the public.

Your Posts May Become Our Future Content
1. When tagging us on social media platforms, please keep in mind that you are consenting to us potentially resharing your content in the future as User Generated Content. By posting on our channels and tagging us in your content, you agree that your posts may be freely used by us on our social media channels, and possibly on our website or in our newsletter.
  1. Knowing this, please do not post any information that you prefer to keep confidential.
  2. Do not share any information from which you expect to receive compensation.
2. When you post on or interact with any of our social media channels, remember that your name, likeness and social media handle will be visible to us and associated with your post/reply/message. If we reshare or use your post/reply/message elsewhere, we may display your name, likeness and social media handle when we do so.

May 2021

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