A planned gift enables you to support what you believe in, preserving your assets during your lifetime and leaving a valuable legacy. Your gift enables the Daniel Murphy Scholarship Fund to provide equitable access to high quality college preparatory education, important leadership training, and valuable academic support to Murphy Scholars.
Let us help you make the gift that's right for you. Explore several popular ways of supporting the DMSF, then begin a confidential, no-obligation conversation to get started.
I give and devise to the Daniel Murphy Scholarship Fund (Tax ID: 36-3675466) all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
When you make a gift to the Daniel Murphy Scholarship Fund from your will or trust, you'll be welcomed into the 1989 Society and join other supporters and friends of our important mission. Is the Scholarship Fund already in your plans? Please let us know so we can properly thank you and make sure your gift will be used as you've intended.
Thirty-years ago, two brothers, their family and friends decided they wanted to provide educational opportunities for high achieving students to succeed in high school and college who otherwise would not be afforded the chance. With this idea and vision, the Daniel Murphy Scholarship Fund (DMSF) was founded and since then more than 2,600 Chicago students have been awarded the Daniel Murphy Scholarship.
Members of The 1989 Society have expressed their commitment to DMSF through a very special and important form of financial support. These donors have named DMSF as the beneficiary of a planned gift. Such gifts might include some of the options below. We're always available to help you choose the gift that's right for you.
Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate or personal property. There are many types of bequests. Choose the one that best fits your needs and intentions.Download Bequest Language
Naming the Daniel Murphy Scholarship Fund as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, profit-sharing pension plan or other donor-advised funds, will accomplish a charitable goal while realizing significant tax savings.Download Beneficiary Form
When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, you'll receive charitable deductions at full, fair market value while reducing capital gains impact.Download Stock Transfer Info
If you're 70 ½ or older, you can make a gift directly from your IRA to the Daniel Murphy Scholarship Fund. While there is no charitable deduction for a rollover gift, you do avoid the income tax on the donated portion of your required minimum distribution.Download IRA Gift Info
Like stock, the fair market value of gifts of appreciated assets such as real estate, artwork, and other curated collections, can be deducted from your income tax today and reduce your estate taxes in the future.Contact Us for Details
“Giving a scholarship is easy; the work of the students is what’s remarkable.”
JOHN & MARY ORMSBY
INCLUSION IS MEANINGFUL
Chuck and Barbara Gately believe in the effectiveness and the results of the Daniel Murphy Scholarship Fund so much that they have included DMSF in their will.
There are many giving options available to you, such as naming the Daniel Murphy Scholarship Fund as a beneficiary in your will. For more information, please submit this form or find our contact info below.
Chief Advancement Officer
Daniel Murphy Scholarship Fund