Beneficiary Designations

Make a Gift in 3 Easy Steps

Not everyone wants to commit to making a gift in their will or estate. Some prefer the increased flexibility that a beneficiary designation provides by using: 

  • IRAs and retirement plans
  • Life insurance policies
  • Commercial annuities

It only takes three simple steps to make this type of gift. Here's how to name Saint Joseph’s University as a beneficiary:

  1. Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
  2. Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you choose, on the beneficiary form.
  3. Return the completed form to your plan administrator, insurance company, bank or financial institution.

An Example of How It Works

Couples smiling Robert and Carol treasure the financial help they've been able to give their children and Saint Joseph’s over the years. The couple recently updated their will to leave stocks and real estate to their kids. They left Saint Joseph’s a $75,000 IRA to be transferred following their lifetime. Because Saint Joseph’s is tax-exempt, all $75,000 will help support our mission.

If Robert and Carol had left the IRA to their children, approximately $18,000* would have gone to pay federal income taxes—leaving only $57,000 for their family's use. Robert and Carol are happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.

*Based on an assumption of a 24 percent marginal income tax bracket.

Watch How It Works

See How It Works

Learn More +

Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.

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Gifts That Pay +

Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.

Calculate Your Benefits +

Action Steps

  1. Contact Gift Planning at (610) 660-1968 or giftplanning@sju.edu for additional information on beneficiary designations and how they can help support Saint Joseph’s with our mission.
  2. Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
  3. If you name Saint Joseph’s in your plans, please use our legal name and federal tax ID.

Legal Name: Saint Joseph's University - Attn: Office of University Advancement
Address: 5600 City Avenue, Philadelphia, PA 19131
Federal Tax ID Number: #23-1352674

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