Empowering Future Educators

Peggy Iden

"My love for Ohio State knows no bounds."
—Peggy Iden, whose gift will impact Buckeyes for generations to come.

As a lifelong educator, athlete and adventure enthusiast, Margaret (Peggy) Iden, '50, '51, understood the importance of physical activity and education for everyone.

Peggy grew up in a time when many girls were not encouraged to be athletic or adventurous. She convinced her parents to let her take flying lessons on the days she was not forced to take cotillion and earned a pilot's license before she could even drive a car.

Age proved to be just a number for Peggy. A competitive skier, Peggy skied around the world and even on her 90th birthday. She only retired from competitive skiing when she was the last skier in her age group.

Ohio State captured Peggy's heart from the moment she first stepped on campus. Her love and pride for the university were evident to everyone she met. A close friend said Peggy would describe her time at Ohio State as "magical."

Peggy eventually settled in Boulder, Colorado, but her love for Ohio State never wavered. She was once quoted as saying, "My love for Ohio State knows no bounds."

Giving to Ohio State was a principled priority for Peggy—both in life and after. She was consistently recognized in President's Club for her loyal and generous commitment to the university. In 2008, she funded the Margaret "Peggy" Iden Student Lounge in the Physical Activity and Educational Services Building.

Prior to her passing in April 2019, Peggy had the generous foresight to leave a gift to The Ohio State University College of Education and Human Ecology in her will. This type of gift gave her the flexibility to protect her assets during her lifetime, while also supporting the places and causes that were most important to her.

The M. Peggy Iden Endowment will provide students with the financial resources to attain an Ohio State education. Peggy felt strongly that everyone should have the opportunity to pursue an education, physical activities and athletic competitions. Her hope was that with her gift, she would empower younger generations of students to lead healthy, active and enlightened lifestyles.

There are many ways you, like Peggy, can make a lasting impact at Ohio State and on our students. Contact the Office of Estate and Gift Planning at giftplan@osu.edu or 614-292-2183 to learn more.

A charitable bequest is one or two sentences in your will or living trust that leave to The Ohio 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 The Ohio State University Foundation, a nonprofit corporation currently located at 2200 Olentangy River Rd., Columbus, OH 43210, 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 Ohio State or other charities.

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 Ohio State 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 Ohio State 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 Ohio State where you agree to make a gift to Ohio State 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.

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