people congregated under cherry blossom trees outside of Grace E. Harris Hall

Planned Giving

Help support the College of Humanities and Sciences with a planned gift.

Your support makes our vision a reality. When you make a gift to the College of Humanities and Sciences at VCU, you are investing in the next generation of students, creating new avenues of cross-disciplinary research and recruiting renowned scholars. Access, resources and opportunities are all critical components of our mission, and our supporters make it possible. This webpage will offer an introduction to your planned giving options.

CHS partners with the VCU Foundation to offer gift planning options that provide a future benefit to CHS while meeting your financial and philanthropic goals. Your planned gift allows CHS to plan for the future. Some planned gifts provide you with income. Many of them can reduce your taxes. The greatest benefit, however, lies in knowing you are supporting work that is valuable to you and will leave a lasting impact on a promising student or academic discipline.

Investing in the Future

Gifts CHS Can Use Today

There are many gifts in addition to cash that can benefit the VCU College of Humanities and Sciences today. These offer tax benefits, such as an income tax deduction, as well as the opportunity to support current programs, establish or add to an endowment or provide funding for capital improvements.

Outright Gift

You can make an outright gift of real estate, securities, a paid-up life insurance policy and other property of value.

v.c.u. students chatting happily on campus

Charitable Lead Trust

A lead trust makes payments to VCU for a designated period of time to support the purpose you choose. When the trust ends, the remaining assets are paid to you or other beneficiaries. A lead trust helps the VCU College of Humanities and Sciences now and can reduce the tax cost of transferring valuable assets to family members.

a professor assists a student with a computer assignment

Gifts that Take Effect at Death

These deferred gifts ensure future generations will benefit from your generosity and legacy.

Bequests

A bequest is a transfer of cash, securities or other assets made through your estate plans and can be made for a specific amount or percentage of your estate. Like other gifts, bequests can be unrestricted in purpose or designated to support a specific department, scholarship or professorship.

View language that can be used in your will to designate the VCU College of Humanities and Sciences as a beneficiary. Please consult with your attorney when making any estate plans.

students walking past a sculpture on the v. c. u. campus

Beneficiary of Life Insurance or Retirement Plans

You can designate VCU as a beneficiary of a retirement, investment or bank account or your life insurance policy by completing a new beneficiary designation form with your broker, banker or agent. Or, if you are 70½ or older, you may also reduce your taxable income by making an IRA charitable rollover to satisfy your required minimum distribution of up to $100,000 annually.

A group of students sporting v. c. u. merch to show off their school spirit.

Gifts That Pay You Income

With careful planning you can receive an immediate income tax deduction, provide yourself or someone else with an annual income and support the VCU College of Humanities and Sciences in a meaningful way.

Charitable Gift Annuity

In exchange for a gift of cash or stock, the VCU Foundation will pay secure fixed payments to you or another annuitant you designate for life.

crowd of happy v.c.u. students gathered at welcome week waving a big v.c.u. flag

Charitable Remainder Trust

Contribution of assets to a charitable remainder trust provides fixed or variable payments to you and/or other beneficiaries you designate for life or for a term of years. The remainder is then put to use by VCU as you direct.

a v. c. u. student at a commencement ceremony wearing a graduation cap that reads

shafer court dining center at v.c.u. — Ensuring future success

I am pleased to learn of current happenings at the College and how things have developed on campus. Therefore, it was an easy decision to include the VCU College of Humanities and Sciences in my estate plan. I hope that the success of the College continues for many more years to come.

Elske v.P. Smith
*Former Dean (1980-95)*
*College of Humanities and Sciences*

This webpage is intended to provide general gift planning information. VCU is not qualified to provide specific legal, tax or investment advice. We encourage you to consult with your own legal and financial adviser before making a gift.