Planned Giving
Planned
giving is a philanthropic process that allows donors to integrate their
personal, family, financial, estate planning, charitable and other goals
to produce gift arrangements that benefit both the donor and the charity.
All of these assets go to work to meet a current need and to provide
dollars for people and programs five, ten, and even twenty or more years
into the future. There are many giving vehicles available for making
planned gifts. The most frequently used vehicles are described below.
A bequest is the most simple and most popular type of planned gift. It is a transfer, by will, of property such as cash, stocks, or tangible personal property to a person or charitable organization upon the death of the donor. This gift category can help start and bolster current programs, endow principal and provide income to meet a host of important initiatives at the College including scholarships, faculty salaries, and educational programs.
Endowed
Scholarship
Scholarships are a critical area of need for Marygrove College, and
they remain one of the most gratifying giving opportunities for our
donors. Currently, the suggested donation is $50,000 to fully endow
a scholarship.
The Stewardship Society
Members of the Marygrove Stewardship Society have notified the College
that they have named Marygrove as a beneficiary of a Planned Gift in
their estate plans.
Here is the Stewardship society form.