Alumni- The Gift You Haven’t Considered
Written by Abby Wray on October 10, 2019
When you think about giving a gift to your college, a few things come to mind- a cash gift, a donation of artwork, a memorial gift. But what so many alumni do not consider is an estate gift, or making KWU a beneficiary in their estate plans. So what is an estate gift? Why should alumni take part in estate planning, and what good will it do in the future?
Well first, an estate gift is a portion of your estate plan that says a portion of your estate (or belongings/money/stocks/etc.) will go toward whatever you would like it to. It is a way to give back to your Alma mater, after you pass away. You can do this by writing up a comprehensive estate plan either on your own or during our estate planning event Friday October 11th from 2:00-2:30.
Alumni should take part in estate planning and gifting back because it can be beneficial to the future generation. After spending 3-6 years at KWU, graduates have a bond with campus, the professors, and what KWU stands for. A gift after graduation can act as a thank you for those who have moved on to have great job opportunities and educations thanks to Kansas Wesleyan. By giving back to the community and the school former students went to, they can provide opportunities for better education for others.
Which brings us to the question- what good will my estate donation do? A donation of any amount can change someones future. Your donation could fund scholarships, new buildings, equipment, technology, and activities to promote better education for the future generations. Because Kansas Wesleyan is a private school, the only way to ensure there is enough funding for it to continue educating, is by donating. Estate planning is a simple way to make a big difference.
If you are interested in learning more on how to add KWU to your estate plan, contact Kendall Carter or attend the event going on Friday October 11th! It will be educational and informative to alumni and other caring members of the community.