THE CHARLES P. ADAMS HERITAGE SOCIETY OF 1901
- What is The Charles P. Adams Heritage Society of 1901?
- Must the gift be a certain amount?
- What does membership in the Charles P. Adams Heritage Society of 1901 mean to the donor?
- How difficult is it to become a member of the Charles P. Adams Heritage Society of 1901?
- Can I use my own bank or investment firm to manage a planned gift to the Grambling Black & Gold Foundation on behalf of GSU?
- Will my contributions to the Annual Fund be counted toward Heritage Society of 1901 membership?
- How can I learn more about The Charles P. Adams Heritage Society of 1901?
Q. What is
The Charles P. Adams Heritage Society of 1901?
A. The Charles P. Adams Heritage Society of 1901 is named
after the Founder and first president of Grambling State University, and
the year the university was chartered by the State of Louisiana. It recognizes
and honors alumni and friends who provide for Grambling State University
in their estate plan through a bequest or other type of planned gift.
It provides permanent recognition to the donor during his/her lifetime
and beyond who has the foresight to believe in the important role that
the University has played in the lives of many and who wish to assist
others to enjoy the highest quality education. The Society enables the
donor to see how the University continues to grow as an integral part
of the community and State because of his/her gift.
Q. Must the
gift be a certain amount?
A. No! Planned giving can be a means to provide a larger
gift than perhaps a donor may be able to consider giving during his or
her lifetime. Membership in the Society is based not on the value of the
planned gift but on the act of making the gift.
Q. What does
membership in the Charles P. Adams Heritage Society of 1901 mean to the
donor?
A. There can be significant favorable tax benefits to
your estate by making a planned gift to the University. Additionally,
Society members will be recognized permanently each year at the “President’s
Partners in Excellence” Banquet and at other events especially designed
for the Charles P. Adams Heritage Society members. Members will receive
a special gift designating them as Adams Heritage Society of 1901 members
that they can display in their homes or offices. Most importantly, you
will have the satisfaction of knowing you will be providing permanent
financial support for the University, its students and academic programs.
It is a legacy of which you can be especially proud. *(Please check with
your financial and legal advisors for potential tax benefits).
Q. How difficult
is it to become a member of the Charles P. Adams Heritage Society of 1901?
A. It is very easy. If you are preparing your estate
plans, simply designate in your Will that the Grambling Black & Gold
Foundation, Inc. (Tax Identification Number #05-0624523) is a beneficiary
for the benefit of Grambling State University. If you have a Will already,
a codicil can be easily added. You also can designate the specific program
that is to benefit by your gift, such as scholarships, a particular department
in the College, the Library, etc. We will be happy to discuss with you
the variety of opportunities at the University that can benefit from your
gift.
Q. Can I use
my own bank or investment firm to manage a planned gift to the Grambling
Black & Gold Foundation on behalf of GSU?
A. Yes! You can use any financial institution or trustee
to manage your planned gift or estate. The trustee will forward the proceeds
from the planned gift to the Foundation to meet the purpose you designate.
Of course, GSU’s Advancement Staff (who also work for the GBG Foundation)
has an excellent record of managing the institution’s endowment
and will be happy to provide that service to you at no charge.
Q. Will my
contributions to the Annual Fund be counted toward Heritage Society of
1901 membership?
A. No. Only persons who make a planned or estate gift
commitment to the GBG Foundation can qualify for membership in The Charles
P. Adams Heritage Society of 1901. By making an estate or planned gift
to Grambling State University, you are making the ultimate gift that any
of us can make to support quality education in perpetuity. Other donor
recognition clubs recognize annual giving donors.
Q. How can
I learn more about The Charles P. Adams Heritage Society of 1901?
A. The Advancement Staff of GSU and the GBG Foundation
will be happy to assist you and your advisors with information, sample
gift benefit illustrations, and other information to help you make an
informed decision. There is no obligation and all requests are treated
as confidential information. You may contact The Charles P. Adams Heritage
Society of 1901 by calling the GSU/GBG Foundation, Office of Planned Giving,
at (318) 274-2117 or douglass@gram.edu


