What is the legal name and address of the MSU Alumni Foundation?
The legal name of the MSU Alumni Foundation is "Montana State University Foundation, Inc." The MSU Alumni Foundation is located at 1501 South 11th Avenue, Bozeman, Montana 59715. Our mailing address is P.O. Box 172750, Bozeman, Montana 59717.
What is the MSU Alumni Foundation's tax ID (EIN) number?
The MSU Alumni Foundation's tax ID number is 81-6001649.
I am an executor, personal representative or trustee with a gift to distribute to the Montana State University Alumni Foundation. Whom should I contact?
Office of Estate, Trust and Gift Planning
Is it possible for a donor or their gift to remain anonymous?
We always honor the confidentiality requests of our donors. Donors may wish to keep their names anonymous when notifying us about the gift, or they may request that both their name and the gift remain anonymous.
When donors inform us of their plans, it is beneficial for several reasons. We want to ensure that we honor donors' intentions for their gift and the impact they wish to make for Montana State University. We also want the opportunity to thank our donors for their commitment to the future of the University, and we hope this will inspire others to do the same. Informing the Montana State University Alumni Foundation about a gift does not obligate the donor in any way, but it does allow Montana State University to strategically plan for the future. Knowing about a donor's intentions goes a long way in encouraging Montana State University to reach for and achieve new levels of excellence.
Can I designate what I want to support on campus or does the MSU Alumni Foundation determine the best use?
First and foremost, we honor a donor's vision for the future and the impact they wish to make on Montana State University. A donor is the only one who can determine what his or her gift will support. Nevertheless, specific names of programs, departments, degrees, athletic teams and facilities can change over time, so we encourage donors to use language in the will, trust or other gift document that provides some flexibility for the dean or president of the university to apply the gift to a substantially similar purpose. For more guidance, please see our sample bequest language.
The best option is to utilize the recommended bequest language and enter into a Deferred Gift Agreement, which will govern the terms of your gift when funded. This is beneficial to the donor because if you want to change the terms of your gift, you will not need to change your estate planning documents, just your Deferred Gift Agreement.
A donor is interested in making a planned gift for the benefit of a particular college or school at Montana State University. Who is the contact for more information on this process?
Please contact Tyler Wiltgen, Vice President of Estate, Trust and Gift Planning. He will help facilitate the gift, and may connect the donor with one of our Development Directors with knowledge about the goals and initiatives of a school, college or program.
Are there minimum requirements to establish income gifts at the MSU Alumni Foundation?
Yes, and those current minimum levels of support are:
Charitable gift annuity: $10,000.00; $25,000.00 if you will be establishing a new Fund
Charitable remainder trust in which the MSU Alumni Foundation is named trustee: $50,000.00
Charitable lead trust in which the MSU Alumni Foundation is named trustee: $100,000.00
Can the MSU Alumni Foundation be the trustee of a charitable remainder trust?
Yes, we can serve as trustee.
Who invests the money for the MSU Alumni Foundation?
The MSU Alumni Foundation's planned gift assets, including charitable remainder trusts and gift annuities, are managed by Kaspick & Company, a nationally-recognized firm specializing in the management of planned giving programs for non-profit organizations. The firm, an independent operating subsidiary of TIAA-CREF, is headquartered in Redwood Shores, California with offices in St. Louis, Missouri and Boston, Massachusetts. With approximately $5 billion under management, KASPICK & COMPANY has excelled in managing planned gifts. KASPICK & COMPANY uses no-load, institutional quality mutual funds to build broadly diversified portfolios, applying to each planned gift the same principles practiced today by sophisticated endowments. Diversification into a broad spectrum of assets is a prudent approach, particularly given the volatility of investment market returns over the past few years. KASPICK & COMPANY will manage each trust separately in a portfolio designed to meet its needs.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under this agreement, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.