A Recognition Society for Legacy Donors
About the Heritage Society
The Heritage Society is a group of individuals who carry on a tradition of philanthropy at Snow College through including the College in their estate plans. Through membership in the Heritage Society, the College extends its warm appreciation to individuals who make known their thoughtful gift intentions through charitable bequests, life income plans, insurance gifts and charitable trusts.
Membership is offered to all individuals who have made an estate provision for the Snow College or a planned or deferred gift commitment, regardless of the amount, through any of the following methods:
- A bequest in a will or living trust
- A charitable gift annuity
- A charitable remainder trust
- A gift of a life insurance policy
- Designating Snow College as beneficiary of a retirement plan
- A remainder interest gift of a home or condominium
Popular Planned Giving Methods at Snow College
Having a will protects your loved ones and can help support a superior education for Snow College students. By including Snow College as a beneficiary in your will or trust, you will provide a legacy of support for our programs for years to come, while providing valuable tax advantages.
A simple way to support Snow College students is to designate the College as a beneficiary on your Individual Retirement Account.
Whole or universal life insurance can be given either outright or in trust. One simple method is to designate Snow College as a beneficiary on your policy.
For persons owning a home, vacation home, farm, ranch or acreage, a charitable gift of real estate can be especially tax-advantageous. The property may have so appreciated in value over the years that its sale would result in a sizeable capital gains tax. If given to Snow College, the donor avoids the tax and, at the same time, realizes a charitable deduction for the full fair market value of the real estate.
You may also consider a gift of your personal residence, reserving the right to live in the house for life. Through such an arrangement, you will be entitled to a current income tax deduction for a portion of the fair market value of the property.
Benefits of Membership
Membership in the Heritage Society includes an invitation to the Society's annual event with the College President, a Heritage Society pin, invitations to special events and seminars, and a newsletter.
For more information about joining the Heritage Society or making a planned gift to Snow College, please contact the Snow College Foundation at 435-283-7062 or via email at [email protected].