Plan Your Charitable Giving
Types of Planned Gifts
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Planned Gifts
Contributions to the University are investments in the education of generations to come. Although your contributions may help you realize financial and tax rewards, we hope that the primary motivation to give will come from your desire to be a partner in the University's broad and earnest mission.
Some of the largest gifts made in support of Washington and Lee have been testamentary gifts. Bequests, retirement income plans, and other estate gifts offer significant tax advantages and allow donors to make sizeable and important contributions to the future of the University.
Gifts that pass assets to heirsCharitable lead trusts are powerful but complex tools in gift and estate tax planning. Donors in effect "lend" the assets to Washington and Lee for the term of the trust. At the end of the term, the trust distributes the assets to designated beneficiaries (usually heirs.) Main benefits include reducing or eliminating transfer taxes (estate and/or gift taxes) imposed on the heirs, and the ability to make a gift to the University today without giving away your property.
You can make a gift to W&L that returns income to you. Learn about annuity trusts, charitable remainder trusts, and pooled income funds.
The University evaluates and accepts gifts of tangible personal property on an individual basis. Donors can realize an income tax deducation for these gifts.
