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Planned Giving

Waldemere Society

Planned giving is a form of philanthropy arranged as part of your overall estate planning or long-term financial planning. Through planned giving, you can create a lasting legacy at the University of Bridgeport.

By choosing to support the University through a planned gift, you automatically become a member of the Waldemere Society, unlocking benefits and distinct recognition.

Planned Giving Brochure cover

Make Your Mark

Plan Your Purple Knights Legacy

Learn more about planned giving at the University of Bridgeport with this helpful guide.

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Mark Fries

Building a Legacy at UB

Trustee Mark A. Fries ’73 Promotes Planned Giving

After making a generous bequest in his will, trustee Mark A. Fries '73 wants others to know how valuable estate planning can be as a tool for philanthropy at UB.

Read the Story

By remembering UB in your will, you may be able to secure a charitable estate tax deduction for the value of the gift. A bequest can include a specific amount or property or can be a percentage of the overall value of the estate. Best of all, you will know your generosity will benefit UB for years to come and leave a lasting legacy.

Life-income gifts, such as gift annuities, charitable remainder trusts, and pooled income funds can provide you with an income stream and significant tax savings as well as the satisfaction of contributing significant amounts to UB over time.

Transferring property to both UB and individuals you wish to benefit is not always an either/or proposition. A lead trust allows for you to place an asset in trust and provide income for UB over a period of time. When the trust is terminated, the asset returns to the original donor family member. Lead trusts make it possible to minimize taxes while transferring assets to family members and at the same time contributing a substantial amount of the income to UB.

You can easily name the University 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. UB can be designated as a partial, whole, or contingent beneficiary, while UB’s tax-exempt status enables assets to pass free of estate tax to the University.

Appreciated real estate assets provide donors with the ability to make a significant gift while receiving a charitable income tax deduction and escaping potential capital gains tax liabilities. Donors may choose to gift real estate outright, through a life-income arrangement or retained life estate. Some donors may choose to gift books, art, or antiques to the University to be used for educational purposes. In most cases, the donor is eligible for a charitable income tax deduction equal to the fair market value of the gift.

If you already have UB in your will or are considering it, please get in touch with Agata Slattery at aslatter@bridgeport.edu or 203-576-4542.