Grateful Students

Jump-Starting a Helpful Career

Abbie Suntken

Cyclone spirit runs deep in Abbie Suntken's family. Her mother, father, stepmother and uncle all attended Iowa State University, and when the now-sophomore from Omaha, Nebraska, first set foot on campus, she fell in love with the atmosphere and sense of community. More

Community Caring and Giving

Chris Onken

Chris Onken grew up in Carroll County on a family farm outside of small town Lidderdale, Iowa, helping raise corn and soybeans. During the fall and spring, he would work as much as he could operating the combine during harvest, and tractors during field tillage and planting. His passion for agriculture led him to Iowa State University, where he chose to pursue a major in agricultural studies and a minor in agronomy, as well as to participate in intramural sports and take part in the Agronomy Club. More

Success Through Determination

Ryan Godfredsen

While growing up on an acreage in rural Webster City, Iowa, Ryan Godfredsen learned the value of hard work and cultivated a passion for working with his hands. He is a self-proclaimed farm boy and keeps busy by helping his family with chores and working part time for a mowing and snow removal company. More

Inspiration 2

Michaela Christian

Sometimes it takes years for people to find their calling. Others discover their passions early in their lives. Michaela Christian, a senior from Algona, Iowa, is one of the latter. More

A Silent Force

Marissa Carlson

With passions for business and working with people, junior Marissa Carlson deemed hospitality management the perfect major to study at Iowa State. "I love being behind the scenes of people's vacations so that they can enjoy every second of their getaway without worry," she said. More

Paving Her Own Way

Elizabeth Welu

Hearing the success stories of notable business magnates at two of the Collegiate Entrepreneur Organization Conferences inspired Elizabeth Welu to carve her own career path. More

Best of Both Worlds

Matthew Stewart

"When I was doing my undergraduate work at Simpson College, kinesiology wasn't on my radar until my junior year," said Matthew Stewart, a first-year graduate student in Iowa State University's Department of Kinesiology. More

An Adventure Created Outside the Classroom

Matthew Stewart

"I chose to major in industrial engineering because of Dr. Richard Stone," said Christian Hernandez. The same goes for his twin brother, Christopher, who is also a sophomore at Iowa State. More

“I thought about what meant the most to me – outside of my family – and it was obvious that I would give to Iowa State. So I called the office of gift planning and they helped me plan the best course of action.”

- Margaret "Margi" Donaldson

Back to Top

A charitable bequest is one or two sentences in your will or living trust that leave to Iowa State University a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Iowa State University, a nonprofit corporation currently located at Ames, Iowa, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Iowa State or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Iowa State as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Iowa State as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Iowa State where you agree to make a gift to Iowa State and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

First name is required
Last Name is required
Please include an '@' in the email address

eBrochure Request Form

Please provide the following information to view the brochure.

First name is required
Last Name is required
Please include an '@' in the email address