Planned Giving at IIE

Bequests are the simplest and most common form of a planned gift. Leaving a bequest to IIE can be as straightforward as including the paragraph below in your will:

“I give, devise, and bequeath the sum of $____________ or __ percent of my estate to the Institute of International Education, a nonprofit institution incorporated in the State of New York with the tax identification number 13-1624046, for its unrestricted use and purpose.”

You can support IIE and your loved ones at the time of your death through a gift from your retirement plan/IRA assets. Your estate may reap considerable tax savings through thoughtfully planning which assets will be distributed to your loved ones and which will be donated to charity. This option is revocable (you can change your beneficiary designation at any point), controllable (you retain ownership and control of your assets during your lifetime and may provide substantial income tax and estate tax benefits).

To name IIE as a beneficiary of your retirement plan/IRA, obtain a Beneficiary Designation Form from your broker and name the Institute of International Education as a beneficiary using the following legal name and address:

Institute of International Education
Federal Tax ID #13-1624046
One World Trade Center, 36th Floor
New York, NY 10007

Qualified Charitable Distributions: If you are 70 ½ or older, the IRA Qualified Charitable Distribution (QCD) can be a tax-wise way to support IIE. If you are required to make annual withdrawals from your IRA, these otherwise taxable distributions can satisfy your annual Required Minimum Distribution, exclude the funds from your taxable income, and make a gift to IIE. Learn more.

A donor-advised fund (DAF) is like a charitable investment account that is set up for the sole purpose of supporting charities. You can contribute cash, stocks, or other assets to the DAF and receive an immediate tax deduction. Those funds are invested for tax-free growth, and you may recommend donations to charities of their choice over time.

Recommend a DAF grant to IIE through your DAF giving account online or by contacting your fund manager. 
IIE’s federal tax ID 13-1624046. Please provide your name and/or fund name and address so we may acknowledge your generous gift.  

To electronically transfer funds to IIE, please follow the instructions here.   

A gift of life insurance might be right for you if your life insurance policy is paid up or has substantial cash value, you have no loan outstanding against the policy, or if the purpose of the policy no longer applies (i.e. your children are now grown). You can donate your life insurance policy by either transferring the ownership of your policy to IIE or designating the Institute of International Education as a beneficiary of your policy.

A charitable remainder trust allows you to make a gift to The Institute of International Education while continuing to receive the interest and earnings on your investment during your lifetime and receiving a substantial charitable income tax deduction. You can choose either a fixed income or a set percentage of the value of the trust, both of which are set annually. A charitable remainder trust may allow you to avoid capital gains tax on your donated assets, and you will receive a tax deduction for a portion of your gift. The trust will provide you income for life while contributing to IIE in the future; when the trust is terminated, the remainder will pass to IIE.*

Stock or mutual funds that have been held longer than one year and have appreciated in value may be donated to IIE and may provide you with tax savings. When you give appreciated stock or securities, you avoid paying capital-gains tax on the increased value of your asset. You may also be entitled to a charitable tax deduction for the full fair market value of your stock. When considering gifts of stock, we recommend you consult with your financial adviser.

For instructions on the information you’ll need to share with your broker,  email [email protected].