June 22, 2011
Writer: Writer: Lane Stevenson
LDS Philanthropies at Brigham Young University-Idaho has created a new association that recognizes donors who have named the university in a deferred gift. Named the BYU-Idaho Legacy Society, this group of donors will be invited to attend a luncheon once a year on campus. The first gathering is scheduled for June 29.
Many people choose to give deferred gifts, which include wills, trusts, gift annuities, life insurance and retirement plans in which BYU-Idaho is named a beneficiary. Because those who give deferred gifts do not see the impact of their donations during their lifetime, the Legacy Society gives donors opportunities to meet students and to learn about new BYU-Idaho programs and projects that are made possible though their future donations.
The Legacy Society provides a setting where the university can express gratitude to donors who will contribute to the university, identify new and future donors, and focus on the imperatives of the university, such as reducing the cost of education.
"The creation of this association allows us to connect with donors and properly recognize them for their future donation," said Shayne Summers, a representative of LDS Philanthropies who helps facilitate gifts to BYU-Idaho. "We're here to help donors leave a legacy by helping students with scholarships or with funding other board-approved priorities of the university."
For more information about the BYU-Idaho Legacy Society or for questions about giving to charitable entities of The Church of Jesus Christ of Latter-day Saints, contact LDS Philanthropies at 877-650-5377 or firstname.lastname@example.org.