Plan your gift

From our humble beginnings to our stately present, Western New England University has been fortunate to be the recipient of the generosity, care and commitment of our alumni and friends of the University.  Your support has and continues to provide a meaningful impact on current and future students.

Planned gifts are an increasingly important source of Western New England University's success.  By making a planned gift, you help ensure that Western New England University will have the financial resources to provide high-quality education for many years to come.  These types of gifts can take a variety of forms and often involve careful and proactive estate planning by the donor.  Taking advantage of advanced planning is a proactive step towards ensuring that your gift intentions will be achieved. Planned gifts can provide attractive benefits for the donor. Some types of planned gifts offer life income for the donor and/or another beneficiary. All planned gifts can provide tax advantages, depending upon the exact design of the gift and the donor's specific circumstances.

This Planned Giving website is currently under construction.  We are working on ways to make our site more innovative and interactive. As always the University is ready to help you meet your unique financial needs by providing gift plans that benefit you and your family, bring immediate and deferred tax advantages to both you and your heirs, and have a meaningful impact on current and future students at Western New England University. 

Below is a brief overview of ways in which you can support the educational mission of the University while also enhancing your estate plans and providing for your own financial security and for that of your heirs. 

TYPES OF PLANNED GIFTS

Planned gifts can be classified in two major categories: revocable or irrevocable.

Revocable Gifts can be changed by the donor, allowing you to retain control of the assets during your lifetime. These gifts will benefit the University in the future (deferred gifts) and can provide estate tax benefits for the donor.

• Wills and Revocable Trusts
• Retirement Plan Assets
• Life Insurance (in certain cases)

Irrevocable Gifts cannot be changed. Assets are immediately transferred from the donor's control to benefit the University either immediately or at a future point. This can be at the death of the donoror secondary beneficiary or after a certain period of years. Depending on the type of gift, donors can receive an income tax deduction, annual income, and capital gains and estate tax savings.

• Charitable Gift Annuities and Charitable Remainder Trusts
• Charitable Lead Trusts
• Real Estate and Retained Life Estates
• Life Insurance (in certain cases)

As we approach the celebration of Western New England University’s centennial in 2019, our dream would not be possible without you, and we are grateful for your continued interest and support of our educational mission. We thank you for visiting our planned giving website and for considering ways to help ensure the University’s future success and growth.

For further information, please contact Elizabeth Simpson, associate director of planned giving at 413-796-2108 or elizabeth.simpson@wne.edu

The information and examples provided here are intended to offer ideas about possible planned giving strategies.  However, your circumstances are unique.  For planning and writing your will or trust documents, the services of an attorney who is experienced in estate planning is highly recommended. For all matters concerning gift estate planning, please consult with your estate and tax advisors.