Loyal friends and alumni who wish to create permanent gifts at Schreiner often establish legacies through their estate plans. The Board of Trustees honors those who have included the University in their wills and other plans as members of the Schreiner Oaks Society.
Schreiner Oaks members disclose only as much information as they wish, and no minimum gift amount is expected or required. In addition to the satisfaction which comes from creating permanent gifts (such as family scholarships or endowed library collections), donors often enjoy amazing tax benefits with LIFE INCOME GIFTS.
Read the stories of some of the fascinating people who have included Schreiner in their estate planning
For example, Charitable Gift Annuities and Charitable Trusts can provide families income for their lives and then pass the remaining assets to the University. The IRS awards a charitable tax deduction the year these irrevocable gifts are established, saving income tax. In many instances, these arrangements also by-pass capital gains taxes and estate taxes, as well. For more information about Life Income Gifts or to use a gift calculator to see an illustration on how you can benefit from a Life Income gift go to http://www.tpf.org/individuals.
The easiest method for creating a bequest for the University is to make a new provision in one's will or add a two-paragraph codicil to an existing will. Schreiner's planned giving office will be happy to provide sample language for wills and codicils for prospective donors to discuss with their professional advisors. Dozens of other estate planning options are available.
Donors with Individual Retirement Accounts or company pension plans can often save income and estate tax by adding a charitable partner.
Life insurance and gifts of homes or vacation properties also make excellent estate gifts.
Schreiner University needs and appreciates planned gifts and will be happy to work with donors and their professional advisors to review options and consider imaginative approaches to accomplish each family's philanthropic and tax-planning objectives.
Computer-generated illustrations of specific gifts and/or individual planning conferences are available to all of Schreiner's friends without cost or obligation.
For more information please contact:
Karen Davis Kilgore
Director of Development and Planned Giving Advisor