Planned Giving
You Make a Difference
When you give to SNU, you become an active partner in making Christlike disciples through higher education in a Christ-centered community. Below are different ways to support the University through a legacy gift. Whether it is a gift to the SNU Fund supporting general student scholarships or creating an endowment to support future generations, your gift makes an impact.
How to Give
You can give to Southern Nazarene University with cash gifts, or through planned giving options that can provide tax benefits or even income. Click on a gift model below to learn more.
Please let us know if you have already included Southern Nazarene University as a beneficiary of your estate plan or retirement assets. We would like to thank you and recognize you for your gift.
Bequest
One of the easiest ways to give is to designate SNU as the beneficiary of your asset by will or trust.
Beneficiary Designation Gifts
You can designate SNU as a beneficiary of a retirement, investment or bank account, or a life insurance policy.
IRA Qualified Charitable Distribution
In 2016, Congress made qualified charitable distributions from your IRA a permanent option. As a result you can make an IRA QCD, also called a charitable rollover gift, each year after you reach 70 ½ years of age without including it as taxable income.
Charitable Gift Annuity
Transfer cash or appreciated property to SNU in exchange for our commitment to pay you fixed payments (with rates based on your age) for the rest of your life.
Charitable Remainder Trust
Transfer stock, cash, or appreciated property to fund a charitable remainder trust. The trust sells your property tax free and provides you with income for life or a term of years. At the end of the term, the remainder of the fund value transfers to SNU.
Gift of Property
A gift of personal property like artwork or antiques can be an excellent way to support SNU. The tax benefits of the gift depend on whether SNU can use the property in a way that is related to the mission. Contact us to learn more about this type of gift.
Ways to Give
- Gifts of Stocks and Bonds A gift of securities, including stocks or bonds, is an easy way for you to make a gift. By making a gift of your appreciated securities, you can avoid paying capital gains tax that would otherwise be due if you sold these assets.
- Gifts of Real Estate A gift of real property (such as your home, vacation property, vacant land, farmland or ranch or commercial property) can make a great gift. If you own appreciated real property, you can avoid paying capital gains tax by making a gift to us.
- Gifts of Retirement Assets A gift of your retirement assets, such as a gift from your IRA, 401k, 403b, pension or other tax-deferred plan, is an excellent way to make a gift. By making a gift of your retirement assets, you will help further our work.
- Gifts of Cash A gift of cash is a simple and easy way for you to make a gift. You will receive a charitable tax deduction that will provide you with savings on this year’s tax return.
- Gift of Insurance A gift of your life insurance policy is an excellent way to make a gift to us. If your life insurance policy is no longer needed or will no longer benefit your survivors consider making a gift and help further our mission.