|
Personal
Members may contribute to the University in a variety of ways:
Outright gift
A contribution of cash, securities, real property or services totaling $12,500 or more within a 12-month period
Pledge
A commitment of $15,000 or more over three years, with minimum annual contributions of $5,000
Memorial Membership
A deceased person may be named a member in memoriam by the receipt of a qualifying gift from one or more individuals
Gift-in-Kind
A gift-in-kind contribution (art objects, equipment, real estate, books, etc.) with a minimum appraised value of $75,000
Insurance
The gifting or purchase of a whole life insurance contract for $50,000 that would be paid up and self-sustaining within five
years. Those who elect to purchase a whole life insurance policy should adhere to the following guidelines:
a) The annual premium must be a fixed amount during the life of the policy;
b) The BGSU Foundation Inc. must be policy owner and beneficiary;
c) The Foundation shall receive all annual dividends during the life of the policy.
|
Organizational
Corporations, businesses, foundations and other organizations are an integral part of the University's Presidents Club. Organizational
memberships are available in the following ways:
Outright Gift
A gift of cash, securities or gift-in-kind of at least $15,000 within a 12-month period
Pledge
A commitment of $17,500 or more over three years, with minimum annual contributions of $5,850
Gifts-in-Kind
Donations of tangible items such as equipment, books, musical instruments, objects of art and other possessions are welcome
and needed but require special handling. To qualify for membership, the gift must have an appraised value of $75,000 or more.
Organizations considering membership through a gift-in-kind must first discuss the gift with the director of development to
determine the University's capability to accept the gift and for advice on tax consequences.
Each organizational member of the Presidents Club will designate a representative to receive all correspondence, reports and
invitations to Presidents Club activities. Presidents Club recognition will be made in the name of the organization.
|
