Continue Supporting Our Work After Your Lifetime
Passionate about supporting the School of Medicine or Stanford Health Care with our mission even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name the School of Medicine or Stanford Health Care as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.
Not only is it an easy way to give, but it's also flexible—you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.
Check Out This Potential Scenario
Robert and Carol treasure the financial help they've been able to give their children and the School of Medicine or Stanford Health Care over the years. Now that their kids are grown, Robert and Carol changed their estate plan so it could work harder for the people and causes they love. The couple updated their will to leave stocks and real estate to their kids. And they left us a $75,000 IRA to be transferred after their death. Because the School of Medicine or Stanford Health Care 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.
See How It Works
- Contact Wendy Chou or Carol Kersten at 650.723.6560 or firstname.lastname@example.org for additional information on beneficiary designations and how they can help support the School of Medicine or Stanford Health Care with our mission.
- Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
- If you name the School of Medicine or Stanford Health Care in your plans, please use our legal name and Federal Tax ID.
Gifts to Stanford University School of Medicine:
Legal Name: The Board of Trustees of the Leland Stanford Junior University
Federal Tax ID Number: 94-1156365
Gifts to Stanford Health Care:
Legal Name: Stanford Health Care
Federal Tax ID Number: 94-6174066
Fund Your Donation With:
Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.View My Guide