Helpful Legal Information
Legal Name: National Louis University
Legal Mailing Address: 1000 Capitol Drive, Wheeling, IL 60090
Federal Tax ID Number: 36-2167804
Sample Bequest Language
If you wish to include National Louis University (NLU) in your estate plans, the following language may be helpful to share with your attorney or advisor:
“I hereby give and bequeath to National Louis University, an Illinois not-for-profit corporation, located in Chicago, Cook County, Illinois, with the Federal Tax ID Number 36-2167804, the sum of $____, or ___% of the residue of my estate, as a restricted bequest to be used exclusively for the __________________ fund.”
(If you prefer to make an unrestricted bequest supporting NLU’s greatest needs, simply delete the final clause.)
Questions or Assistance
For personalized guidance or to discuss your legacy intentions, please contact:
Mike Kenahan
Director of Major and Planned Giving
mkenahan@nl.edu
(312) 261-3836
A gift in your will or living trust is an easy way to make a significant impact on NLU’s work without impacting your current finances. You can designate a specific amount or specific property, a percentage of your estate, or what is left of your estate after all other obligations are met. You can even change your gift if your circumstances change.
For more information, please contact:
Mike Kenahan
Director of Major and Planned Giving
mkenahan@nl.edu
(312) 261-3836
A beneficiary designation on a life insurance policy, IRA, retirement account, Donor Advised Fund (DAF), bank account, or other financial account is a simple way to give. You can name NLU as the primary beneficiary, a percentage beneficiary (along with other named beneficiaries), or even a contingent beneficiary (to receive funds only if the primary beneficiary cannot).
For more information, please contact:
Mike Kenahan
Director of Major and Planned Giving
mkenahan@nl.edu
(312) 261-3836
The IRA charitable rollover allows donors to use all or part of their required minimum distribution (up to $100,000 per person per year) to make gifts to NLU. Donors must take their required minimum distribution at age 72, but talk to us about making a gift before that age.
Sample Letter of Instruction from Donor to IRA Provider
{Date}
{Name of IRA Provider}
{Address}
{City, State, Zip}
Re: Request for Qualified Charitable Distribution from Individual Retirement Account
Dear Sir or Madam:
Please accept this letter as my request to make a qualified charitable contribution from my Individual Retirement under Sec. 1201 of the Pension Protection Act of 2006 (the PPA) and Sec. 408(d)(8) of the Internal Revenue Code of 1986, and made permanent under the Consolidated Appropriations Act of 2016. My account Number is {Account Number}.
Please issue a check in the amount of $____________ payable to National Louis University at the following address:
Institutional Advancement
National Louis University
122 South Michigan Ave
Chicago, IL 60603-6162
In your transmittal to National Louis University, please state my name and address as the donor of record in connection with this transfer, and copy me on your transmittal. It is my intention to have this transfer qualify during the {Year} tax year. Therefore, it is imperative that this distribution be recorded no later than December 31, {Year}.
If you have any questions or concerns regarding this request, I can be reached at {Phone Number} or {Email Address}.
Thank you for your prompt attention to and assistance with this matter.
Sincerely,
{SIGNATURE OF IRA OWNER}
For more information, please contact:
Mike Kenahan
Director of Major and Planned Giving
mkenahan@nl.edu
(312) 261-3836
