Planned Gifts
Planned or deferred giving provides an easy way for you to help support the College of Pharmacy while planning for your future. Bequests, trusts and gift annuities are all meaningful gifts that help ensure our continued success.
Making a deferred gift entitles the donor to membership in the Heritage Society, a special membership group that honors individuals who have made documented bequests in their Wills or other planned gifts in support of the College of Pharmacy.
Bequests and Trusts
Making a gift through a bequest is perhaps the easiest way for donors to include the College in their estate plans. In order to leave a gift in your will you should simply include the statement below:
I bequeath to the University of Georgia Arch Foundation, a not-for-profit organization, with its principal offices located as 394 South Milledge Avenue in Athens, Georgia 30605 _______ % of my residuary estate to support the College of Pharmacy for its general purposes.
You may use a percentage or choose a dollar amount for the above statement, and/or specify a certain fund at the College you would like to support if you wish.
Charitable trusts may take the form of remainder trusts, life insurance trusts, or lead trusts. Each has specific benefits and advantages.
Charitable remainder trusts allow donors to transfer assets to the university and allow the donor to choose whether to value the assets on the date of transfer or have the assets valued each year. The donor will receive a charitable contribution income tax deduction based on their life expectancy.
Some donors may choose to make the College the beneficiary of a life insurance policy by creating a life insurance trust. This option allows the donor to benefit the charity while still providing for family.
A charitable lead trust allows donors to transfer ownership of an asset to a trust. The trust gives the income to the Arch Foundation for the College of Pharmacy for a set number of years and then the trust assets are returned to the donor.
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