UMSON’s Legacy Society honors the pioneering vision of Louisa Parsons, who established UMSON in 1889 and made the first planned gift to the School in 1916. Her gift began a long tradition of philanthropy, and the Louisa Parsons Legacy Society is comprised of individuals who, like Parsons, have the desire to support future generations of students and nurses.
Whether you wish to support scholarships, research, faculty positions, or other areas of need, there are several methods by which you can benefit UMSON. A planned gift can be designed to achieve your financial and philanthropic goals, and your generosity will be recognized as a member of the Louisa Parsons Legacy Society.
Some popular types of planned gifts include:
Bequests and Other Gifts – After providing for your loved ones, you can designate a gift to UMSON. Charitable bequests can include cash, securities, real estate, or other property. They may be for a specific percentage of your estate, a fixed dollar amount, or the portion remaining after fulfilling other provisions.
Life Income Gifts - These enable you to make a gift to UMSON while receiving an income for life. Benefits may also include federal income and state tax deductions, increased income from low-yield assets, and preferential capital gains tax treatment on gifts of long-term appreciated property.
Many of our alumni and friends have already discovered that a planned gift can be an invaluable component of their financial and charitable planning. Whether you are seeking to satisfy current income and estate tax needs, prepare for retirement, or make low yielding assets more productive, a carefully crafted planned gift may provide a solution that satisfies your needs.
If you would like to learn more about making a planned gift, or about membership in the Louisa Parsons Legacy Society, please contact us. You can also visit the University of Maryland Baltimore Foundation, Inc. planned giving site at http://capitalcampaign.umaryland.edu/planned.