IPTAY Legacy

Sustaining student-athlete support for generations to come

Planned gifts are a means of ensuring the priorities of IPTAY continue for the foreseeable future and beyond. These visionary gifts strengthen the opportunities available to generations of student-athletes through bequests, life insurance, charitable gift annuities, charitable lead trusts, and a number of other instruments that continue long into the future.

Our reimagined Planned Giving program, IPTAY Legacy, includes an emphasis on support toward the IPTAY Athletic Endowment. The IPTAY Athletic Endowment provides a constant source of financial support through continued investments and earnings. With an ambitious goal to build our endowment to $100 million by IPTAY’s 100th anniversary in 2034, we are counting on the generosity of the Clemson faithful to help us continue building upon the success of our 21-sport program and ensuring a bright future.

Priority Points

All IPTAY Legacy commitments of $100,000 or higher are eligible to receive priority points with an updated planned giving policy including three options.

The IPTAY Priority Points rewards system was developed in an effort to reward gift amounts and long-term support in the distribution of season tickets and parking. Priority Points are also used for the ticket allocation process to bowl games, the ACC basketball tournament and all away football games.

Please note: This new policy is retroactive. Existing planned gift commitments of $100,000 and above are eligible to receive priority points.

The three options to earn Priority Points through a planned gift commitment are:

PRIORITY POINT OPTION 1

The donor may request to receive, in that current year, 50% of Priority Point value in connection with the Planned Gift.

PRIORITY POINT OPTION 2

The donor may request to designate, in that current year, 50% of Priority Point value in connection with the Planned Gift. The designee must be a current IPTAY member.

PRIORITY POINT OPTION 3

The donor may request to designate, in writing with IPTAY, 100% of Priority Point value in connection with the Planned Gift. The Priority Point value will be allocated to the designee upon realization of the gift.

Planned Gifts may be in the form of:

Bequests: A bequest from your estate may include cash, securities, real estate and/or personal property, which can be for a specific amount or a percentage of your estate.
Gift of Retirement Assets: Assets you designate from an individual retirement account, pension, profit-sharing plan, stock bonus plan, 401(k), 457, 403(b), SEP or SIMPLE plans may be eliminated from your taxable estate, and all retirement assets will also pass free of federal and state income tax.
Life Insurance Policies: Existing policies that are no longer needed to satisfy their original purpose can be an ideal asset to fund a charitable gift.
Other: Please speak with your IPTAY representative to discuss additional instruments that may be available.

FAQ

Where can I designate an IPTAY Legacy commitment?

While one intent of the reimagined IPTAY Legacy planned giving program is to place a renewed emphasis on support toward the IPTAY Athletic Endowment, those who make planned gifts can designate their contribution to any area of which they are most passionate about supporting.

How do I select my Priority Point preference for Planned Gifts?

Upon making a planned gift commitment, you will contacted by a member of the IPTAY team asking you to complete and sign the Priority Point Designation form. You can also download and complete this form by clicking here.

What is the difference between endowed and non-endowed funds?

An endowed fund is created to be preserved in perpetuity and continue earning over time, with a portion of the earnings available for spending each year. In contrast, a non-endowed fund impermanent and can be allocated in its entirety.

How often must I provide confirmation of my Planned Gift after making a commitment?

After the initial documentation is provided to verify the planned gift, those who participate will be asked for subsequent, confirming documentation upon reasonable request by IPTAY.

How can I make a gift?

Contact a Major Gift officer:

Aaron Dunham, Senior Associate Director of IPTAY Major Gifts dunham@clemson.edu

Travis Furbee, Senior Associate Director of IPTAY Annual Fund tfurbee@clemson.edu

Lauren Gaulin, Director of IPTAY Major Gifts lgaulin@clemson.edu

Kyle Shields, Director of IPTAY Major Gifts krshiel@clemson.edu

Tom Wade, Associate Director of IPTAY Major Gifts twade2@clemson.edu

Jordan Roper, Assistant Director of IPTAY Major Gifts – Block C Club jaroper@clemson.edu

Drew Waddell, Assistant Director of IPTAY Major Gifts akwadde@clemson.ecu

Questions?

IPTAY Major Gifts Representatives