Beneficiary Designations

Make a Gift in a Few Easy Steps

Not everyone wants to commit to making a gift through a will or living trust. Some prefer the increased flexibility that a beneficiary designation provides by using: 

  • IRAs and retirement plans
  • Life insurance policies
  • Donor advised funds
  • Commercial annuities

It is very simple to name Denison as a beneficiary. Start by requesting a change-of-beneficiary form from your policy administrator or download the form from your provider's website. Make your desired changes and return the form to establish your gift.

Make Your Gift to “Denison University”

In order to administer your estate gift most efficiently, it’s important to make your gift payable to “Denison University” rather than “Denison” or “DU.” The full name of the university will allow us to ensure your gift is utilized by Denison in accordance with your wishes without delay.

Why We Ask for Information About Your Beneficiary Designation

Estate gifts can range from simple to very complicated. The job of our Office of Gift Planning is to ensure your intentions are accurately conveyed in your estate plan. By reviewing your beneficiary designation, we can compare your documentation to the information you have provided your development officer about how you would like your gift to be used by Denison. We will let you know if we notice anything in your planning that seems contrary to, or insufficient for, your intentions, and we are happy to work with you or your advisors to ensure your intentions are conveyed accurately in your documentation.

Additionally, even though your gift has not yet been received, it would be an honor to welcome you to the Harris-Tight-Huffman Society, the university's giving circle that honors alums and friends who have included Denison in their deferred gift plans. We also can respect any request to avoid such public recognition — please just let us know.

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See How It Works

An Example of How It Works

Couples smiling Robert and Carol treasure the financial help they’ve been able to give their children and Denison over the years. The couple recently updated their will to leave stocks and real estate to their kids. They left Denison a $75,000 IRA to be transferred following their lifetime. Because Denison 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% marginal income tax bracket.

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Next Steps

  1. Contact the administrator of your retirement plan, insurance policy or bank account for a change-of-beneficiary form, or simply use the form provided through your custodian's website.
  2. Contact the Office of Gift Planning at 740-587-5023 or giftplanning@denison.edu for recommended language designed to meet your goals.
  3. Seek the advice of your attorney or financial advisor.

Legal name: Denison University
Address: 100 West College Street, Granville, OH 43023
Federal tax ID number: 31-4379459

Beneficiary Designation Form Language

Learn More

Download our FREE guide Beneficiary Designations: Easy Ways to Leave Your Legacy.

Understand Your Giving Options

What You Should Know About Your Bequest

What You Should Know About Your Beneficiary Designation

Discover how you can maximize your impact with our comprehensive guide. Get your free download today!

Learn more about benefiting Denison through a bequest in the related donor guide prepared by our Office of Gift Planning.

Learn more about benefiting Denison through a beneficiary designation in the related donor guide prepared by our Office of Gift Planning.

Download Your Guide Now
Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit