Beneficiary Designation Gifts

An easy and affordable way to support Kent State University is through a Beneficiary Designation Gift, which designates Kent State as the beneficiary of a retirement, investment account, bank account or life insurance policy.

A Beneficiary Designation Gift is an excellent option that allows you to direct support to the area of your choosing, retain access to your funds during your lifetime, reduce taxes on income passed to heirs and potentially reduce estate taxes. You do not need to consult an attorney for set-up, can support Kent State while also supporting other heirs and can adjust the gift throughout your lifetime if your circumstances change.

To make a Beneficiary Designation Gift, contact your broker, bank or insurance agent to request a new beneficiary designation form and complete, sign and return the form - keeping a copy for your records – that designates Kent State as a beneficiary of your account or insurance policy. Once complete, contact us at giftplan@kent.edu or 330-672-1000 to inform us that you have included Kent State in your estate plan. Upon your passing, your account or insurance policy will be paid or transferred to Kent State in keeping with the wishes you outlined in the beneficiary designation form.