Incredible Impact: Creating a Legacy Through Planned Giving

In the College of Business, we are so grateful for the generosity and foresight of alumni and friends who help shape the future of the College through thoughtful giving. While there are many meaningful ways to support ISU’s mission, one often overlooked option is through planned and estate giving. This issue has highlighted several such incredible gifts that will help our future Bengals learn and grow here in the College of Business, including an endowment to support MBA students at levels previously unimagined and the first ever endowed lectureship that supports our professional development program.

There are a number of giving options that allow you to create a legacy while achieving your personal financial goals. Revocable gift arrangements - such as bequests in a will or trust, retirement account beneficiary designations, and life insurance - offer flexibility and peace of mind. For those seeking immediate impact or potential tax benefits, gifts such as charitable remainder trusts (CRTs), retained life estates, charitable lead trusts (CLTs), and life insurance policies can be powerful tools for philanthropy.

No matter the method, planned giving provides an opportunity to ensure your legacy lives on to support the students, the programs, and the future of Idaho State University. Ben Stahmann, Director of Planned and Estate Giving with University Advancement, shared, “Gift planning helps Bengals who want to give more, give more than they think they can.”

Generous alumni and friends of Idaho State University have been able to leverage planned giving options to have a really incredible impact. John Ney, Assistant Marketing Professor, Executive Director of the Walter Brown Center for Sales Excellence, and Director of Professional Development, said, “Even though I hope to have many years remaining, I’ve always believed that legacy isn’t about age - it’s about impact. Including the College of Business in my estate plans is my way of giving back to a place that I believe in and supporting future generations of students. It’s a small step now that I hope will have a lasting effect long after I’m gone.”

We are deeply grateful to our incredible alumni and generous donors for their continued support of ISU - your commitment makes an impact each and every day and allows us to accomplish our mission of providing great educational opportunities to our business students. To our students, faculty, and staff: thank you for a fantastic year filled with incredible accomplishments.

Congratulations to Dr. Hunt on his appointment as president of Cameron University. We will truly miss his leadership, but we wish him all the best in this exciting new chapter. We are also thrilled to welcome our colleague and friend, Dr. Alex Bolinger, as interim dean of the College of Business. Go Bengals!

Kristine McCarty, College of Business Director of Development kristinemccarty@isu.edu • (208) 282-4608

Join the Legacy Society

Bequests: A bequest is a gift made through your will or trust. It is one of the most popular and flexible ways that you can support ISU. A bequest can be made in several ways: gift of a specific dollar amount or asset, gift of a percentage of your estate, gift from the balance or residue of your estate, or you can make a beneficiary designation of certain assets.

IRA Charitable Rollover: An IRA rollover allows people age 70½ and older to reduce their taxable income by making a gift directly from their IRA.

Charitable Gift Annuity: You transfer your cash or appreciated property to Idaho State University Foundation in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life.