Gifts That Cost You Nothing Now

Gifts in a will or by beneficiary designation are two easy ways to provide innovative experiential learning for years to come — and they do not cost anything now.

Gifts in a Will or Trust

Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for University of the Pacific. By simply signing your name, you can create a legacy of giving future generations access to immersive academic study, experiential learning, and service to our communities

Once you have provided for your loved ones, we hope you will consider making immersive academic study, experiential learning and service to our communities part of your life story through a legacy gift.

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A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:

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NO COST

Costs you nothing now to give in this way.

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FLEXIBLE

You can alter your gift or change your mind at any time and for any reason.

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LASTING IMPACT

Your gift will create your legacy of a service-focused education.

Four simple, “no-cost-now” ways to give in your will

General gift

Leaves a gift of a stated sum of money to University of the Pacific in your will or living trust. 

Residual gift
Leaves what is left over after all other debts, taxes, and other expenses have been paid.
Specific gift
Leaves a specific dollar amount, percentage, fraction, or specific items (collections, art, books, jewelry, etc.).
Contingent gift
Leaves a stated amount or share only if a spouse, family member or other heir/beneficiary does not live longer than you. In other words, your gift is contingent upon whether or not they survive after your lifetime.

You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to University of the Pacific contingent upon the survival of your spouse.

Useful Links

If you want to make changes to your will, you do not have to write a new version. You can simply use a Codicil, which is a document that modifies your existing will.

Make sure you use the correct language in your will or trust so you can have peace of mind that your gift intention for University of the Pacific is carried out as you intend.

Gifts by Beneficiary Designation

It is easy to put your bank accounts, retirement funds, savings bonds, and more to use in fueling student access and success — and it costs you nothing now.

By naming University of the Pacific as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of empowering future generations to embark on a path of learning and discovery.

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Potential benefits of gifts by beneficiary designation:

Can reduce or eliminate taxes on retirement assets

Reduce or avoid probate fees

No cost to you now to give

Create your legacy with University of the Pacific

To name University of the Pacific as a beneficiary of an account or other asset, contact the custodian of that asset to see whether a change of beneficiary form must be completed.

How to Change a Beneficiary Designation

Login to your account or request a Change of Beneficiary Form from your custodian (the business holding your money or assets).

Follow the links to change your beneficiary or fill out the form.

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Be sure to spell the name of our organization properly: University of the Pacific

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Include our tax identification number: 94-1156266

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Save or submit your information online or return your Change of Beneficiary Form.

Types of Gifts

A gift of retirement assets

You can simply name University of the Pacific as a beneficiary of your retirement plan to provide experiential learning and leadership skills for future generations.

A gift of funds remaining in your bank accounts, brokerage accounts or certificate of deposit (CD)

This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name University of the Pacific (Tax ID: 94-1156266) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you will take a powerful step toward creating a memorable experience for our passionate, diverse students in the future.

Donor-Advised Fund (DAF) residuals

When you create your donor-advised fund, you choose which charities to receive any funds that remain after your lifetime. When you name University of the Pacific as a “successor” of your account or a portion of your account value, you enable vital community service programs for underserved populations in our area.

Learn more about giving from a Donor-advised Fund.

Useful Links

Designating University of the Pacific as a beneficiary of an asset or account is easy to do. Click the link below for Pacific’s legal information.

If you are an employee of University of the Pacific, you may consider designating your TIAA retirement account as a gift. Click the link below for details.

Complimentary Gift Planning Resources are Just a Click Away!