Planned Giving

Creating a Legacy with Planned Giving

Planned gifts provide a way to ensure that your support of Alpha Sigma Nu helps and is remembered by future generations.  Any gift which is transferred with the help of a professional is considered a planned gift.  Planned gifts are a tax-wise way of giving and offer benefits to you, the donor, as well as to our organization.  Planned gifts include bequests, retained income gifts, life insurance, and retirement plan benefits.  Since the information on this site is not intended as legal, tax, or investment advice, it is highly recommended that prospective donors consult with their own tax or legal advisors prior to making a planned gift.

Gift by Will or Living Trust

A cash bequest of a specified dollar amount

A residuary bequest, in which Alpha Sigma Nu receives all or a percentage of the remainder of your estate after other beneficiaries have been remembered

There are no limitations on bequest gifts.  All charitable bequests are deductible for federal estate tax purposes with no limit on the amount of the deduction.  In addition, bequests are generally not subject to state inheritance or estate taxes.

Sample Bequest language

Unrestricted Bequest

We request the following language when making an unrestricted bequest:

I give to Alpha Sigma Nu, a not for profit corporation, headquarters located in Milwaukee, Wisconsin ( the sum of $_______) or (specific asset) or ( __%of remainder of my estate) to be used for AΣN general purposes.

Bequest for a Specific Purpose

I give to Alpha Sigma Nu, a not for profit corporation, headquarters in Milwaukee, Wisconsin, ( the sum of $_____) or(specific asset) or (__%of the remainder of my estate) to be used for student scholarships.

We recommend you consult with your attorney or tax adviser regarding various tax benefits and restrictions that may apply to your specific situation. 

For more information contact Director of Development and Alumni Relations, Amy Venables O'Neil.

Retirement Account and Life Insurance

You can easily name the ASN as a beneficiary of a life insurance policy or retirement plan, such as an IRA, 401(k), or 403(b). Simply complete a beneficiary designation form with your insurance policy provider or with the administrator of your retirement plan. Both can be done at no cost.

IRA Charitable Rollover: The Consolidated Appropriations Act of 2016 made permanent qualified charitable distributions from retirement accounts.  This act allows individuals over the age of 70 ½ to make a donation of up to $100,000 from their IRA directly to a charity.  By making an IRA charitable rollover to ASN, you can: satisfy your required minimum distribution, avoid taxes, and ensure the future of our honor society.

Stocks and Bonds

Did you know that appreciated stock is one of the most tax-efficient ways to make a charitable gift?  A transfer can be as simple as a phone call and written confirmation, and may be completed online, by mail, or in person. 

Your broker can contact Amy Venables O’Neil for specific account transfer information.

 

 

*Alpha Sigma Nu does not accept gifts of real estate*