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Planned Giving

 

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planned.giving@furman.edu
(864) 294-3461

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Retained Life Estates
(Gift example*)

You have always loved your home and have no plans to move from it. It has appreciated significantly since you bought it, and today it is the largest asset in your estate. You are considering a gift to Furman University in memory of your sister but cannot locate an asset that you can part with comfortably.

You decide to donate your house to us, retaining a life estate for yourself and your spouse. You have secured an independent appraisal stating that your house is worth $250,000. The mortgage has been paid off.

Here are the benefits of this gift:

Husband and Wife, 70 and 68

Asset Value

$250,000

Charitable Deduction

$74,446

*This example is based on a factor that changes monthly. Contact our office for a personal illustration based on the latest rates.

For more information

Email us, complete the personal illustration form, or call us at 864-294-3461 so that we can assist you through every step of the process.




 




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Meet Our Donors
Earl and Jackie Herndon

Jackie and Earl are very aware that they wouldn't be where they are today without their college educations.
Jim and Barbara Fox Leach

They have followed in the footsteps of Barbara’s parents

Molly Joyce Kirk

“I wouldn’t be at Furman if not for scholarships. They have been a real blessing,”

Jessica Leanne Taylor '07

"Without this assistance I would have had to attend a different school,"