Founders Legacy Society
Given the opportunity, most people would like to leave a legacy to organizations they valued during their lifetime. Planned giving is a constructive way to consider gifts that exceed outright gifts of cash or appreciated securities.
The Founders Legacy Society at the University of Maryland honors all benefactors, living and deceased, whose gifts through will, trust or other types of planned gifts – such as charitable gift annuities, charitable remainder trusts, life insurance, etc. – help to ensure the excellence of the University and its programs. We would like to recognize and express our deep appreciation to members of the Founders Legacy Society for their foresight and commitment to the future of The Clarice Smith Performing Arts Center and to the performing arts at Maryland.
For The Clarice Smith Performing Arts Center, a planned gift gives us the opportunity to partner with donors who wish to ensure that future students and audiences have transformational performing arts experiences at Maryland. Each of these donors will make an impact through a planned gift. You can as well.
Meriam Rosen and Virginia Freeman
Types of Planned Gifts
Appreciated securities
Gifts of stock are a convenient way to make a gift by using assets other than cash. The transactions can be handled with you directly or with your financial representative and have multiple benefits that vary with each individual's portfolio.
Real or personal properties
Property is another attractive way to make a gift. When you make gifts of property, certain value appraisals are required. These transactions will be handled with you directly and in conjunction with your legal representative.
Bequests and Beneficiary Designations
Gifts made through your estate plan or retirement plan (including IRAs) can help you realize your philanthropic goals, and may allow you to make a more significant gift than is possible during your lifetime.
Life Insurance
If you are carrying more insurance coverage than your family obligations now require, you may find a hidden gift asset in a surplus, paid-up policy.
Life income gifts
Earn money on your contribution by transferring money, securities or other assets to a trust or charitable gift annuity (CGA) that will then pay you an income for life or a period of years. The trust or CGA will be designed by you to fit your own needs in conjunction with your legal representative or financial advisor.
For more information on planned giving, please contact Norah Quinn McCormick, Assistant Director of Development, at 301.405.6485 or naquinn@umd.edu