Robert's Corner

Robert D. PetersonGreetings from New Mexico State University! Thank you for visiting our NMSU Planned Giving pages. We hope you find them a helpful resource. We deeply appreciate those of you who have already made—or are considering—a planned or estate gift to NMSU.

Planned gifts, whatever the amount, provide critical support that enables NMSU to expand the frontiers of knowledge through our land-grant mission of teaching, research, and service.

It would be an honor to listen to your Aggie and family story. Perhaps you would like to support an existing fund or program, or to create a new named endowment (e.g. scholarship, professorship, Chair). Please consider me a partner, along with your personal financial planner, to help you take the steps that will make the dreams of Aggies come true.

I would be delighted to chat with you about becoming a member of our 1888 Society, established by the NMSU Foundation for the purpose of recognizing those who have remembered the university through a planned or estate gift. Participation in the Society can be an inspirational experience, and has proven to encourage others to look toward the future and consider philanthropy.

I hope you enjoy the posted copy of our latest "Look to the Future" 1888 Society newsletter, with stories about our donors and their passion to give back.

The greatness of our university begins with friends like you who are committed to our land grant mission. Your gifts will pave the way for a progressively vibrant university, increase Aggie pride, and impact the future of our students and our community.

NMSU is grateful beyond measure for your leadership support and generosity at NMSU. Your example inspires us in all we do.

Robert D. Peterson
Gift Planning Director, Proud Aggie Dad, and NMSU Windmill Workshop Instructor
Phone: (575) 646-4358, (800) 342-6678

A charitable bequest is one or two sentences in your will or living trust that leave to New Mexico State University Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to New Mexico State University Foundation, a nonprofit corporation currently located at P.O. Box 3590, Las Cruces, NM 88003, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to NMSU or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to NMSU as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to NMSU as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and NMSU where you agree to make a gift to NMSU and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

eBrochure Request Form

Please provide the following information to view the brochure.