Planned Giving
HOW YOU CAN HELP
Ruth L. Desotell had a long and distinguished career of nursing in the military before her retirement. She was also quite adept at managing her financial affairs. Perhaps from her own experience, she knew that financial hurdles hamper many young people who want to study to be nurses.
Ms. Desotell creatively used her will in two separate ways to achieve her goal of helping students become nurses at the University of the Incarnate Word. First, she designated a generous “specific gift” of $75,000 to go to the University of the Incarnate Word to help students in the undergraduate nursing program.
Secondly, she directed that “a percentage of the remainder” of her estate — after all other specific gifts and expenses had been deducted — would also go to nursing students at the University of the Incarnate Word.
Because she was fortunate in her investments and financial affairs, this “remainder gift” turned out to be a sum well over $300,000. The University will combine her two gifts into a permanent, endowed scholarship in her name. Many nursing students in the years ahead will benefit from this woman who used her life savings to continue her life’s work, by making it possible for students today to follow in her footsteps.
You too may be able to use some of your financial assets to make a substantial difference in the lives of our students through a planned gift to the University of the Incarnate Word.
WHAT IS PLANNED GIVING?
Planned Giving helps you design your charitable giving to UIW both now
and in the future so that you also fulfill your personal financial goals.
Many times, someone who believes they can only make a small immediate
gift will see their gift multiply in impact through a planned gift option. While
helping to advance our great University, a Planned Gift can provide you
valuable benefits, including one or more of the following:
- an income for life
- reduced or eliminated capital gains taxes
- a current income tax deduction
- reduced or eliminated gift and estate taxes
- a much larger gift to the University of the Incarnate Word than was ever thought possible
TYPES OF PLANNED GIFTS
- Will Bequests and other Estate Gifts: Many testamentary gifts such as bequests and retirement income plans can help you make sizeable contributions to UIW while also offering significant tax advantages. Sample Bequest Language
- Income Generating Gifts: There are many ways for you to both contribute to the University while also ensuring that you will receive an income. Gifts such as gift annuities, charitable remainder trusts, and charitable lead trusts provide future support for both you or beneficiary and UIW.
- Gifts of Real Estate and Other Property: UIW’s campus and collection continues to grow in part from gifts of real estate and personal property such as artwork and rare books. We will be happy to discuss this with you.
WHY MAKE A PLANNED GIFT?
Your contribution to UIW is an investment in the future of both our students
and this institution. For over 125 years, Incarnate Word has
shaped future leaders not only for the South Texas community but for
the expanding global community. From a local women’s
college to a co-educational international center offering bachelor,
master’s, and doctorate programs to more than 5,000 students each year,
UIW has emerged as a premier private university in the Southwest. Your
support has driven this evolution and pushes UIW to excel in its next
125 years.
Verbum Society
Advancing the Word into the Next Millennium
By making a planned gift to UIW, you will become a member of the prestigious Verbum
Society. This special group recognizes
those individuals who have included the University in their estate or
planned gifts. Verbum is Latin for “Word,” and
symbolic of the University’s continuing mission of providing a
quality education within the context of faith.
Verbum Society members receive a Verbum Society scroll, a free subscription
to the Verbum newsletter and the UIW magazine, invitations to special
events, and listed in University materials as society members. Recognition
as a Verbum Society member may be public or private at your request.
FOR MORE INFORMATION
This information is provided to help you plan a meaningful gift to the
University of the Incarnate Word. Please consult with your attorney or
accountant on how this general information relates to your specific financial
and estate-planning needs.
Brochures on a wide variety of topics are available through the University.
The Director of Major Gifts and Planned Giving is pleased to provide
you or your advisors with more detailed information. If you are
planning on making a gift in perpetuity to UIW or would like to find
out more information about the Verbum Society and your giving options,
please notify Diane M. Echavarria at the Planned Giving office at (210)
829-6071 or dmechava@uiwtx.edu or complete
and return the Verbum Society
Membership Form (Adobe Acrobat PDF).
Gifts of any size are welcome. All are tax-deductible.
