Planned Giving

Investing in Northern Michigan University

Individuals, businesses, corporations, and foundations give to the university in a number of different ways. All of these methods help to provide program support to the university and work toward accomplishing the mission of making Northern Michigan University the school of choice for high-quality comprehensive public education with outstanding personal attention in a high-tech learning environment.

Planned Giving

Gifts of Property: Securities and other property can also be given to the University. We receive many gifts in kind, which benefit the students.

Bequests: You may contribute to the University by specifying Northern Michigan University as a beneficiary in your will. Charitable bequests can ensure that Northern Michigan University benefits from your estate plans.

Life Insurance: You can make a substantial contribution by naming Northern Michigan University as the owner of a life insurance policy. If it is an existing policy, you receive a deduction for the cash value at the time of the transfer. If it is a new policy you will be able to claim, as deductible, the premiums you pay on the insurance policy as a charitable gift.

Life Income Plans: If you would like to give a substantial gift, but need the income from the assets which you would like to contribute, then a charitable remainder trust or annuity trust offer an income for the donor's life. These plans have income and estate tax benefits to the donor.

Whichever method you choose, we appreciate your investment in Northern Michigan University and we are committed to working to maximize the benefit of your contributions.