Planned Gifts to College Take Off in 2011

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Among the many ways alumni and friends of the College of Engineering and Applied Science provide important support for students and the college is through ongoing annual gifts and planned gifts. We highlight donors who make annual gifts to the Dean's Club in an accompanying article on page 35. While annual gifts provide a very important source of ongoing support, the single biggest gift many donors are able to make is through a planned gift through a bequest, charitable gift annuity, or other means.

The college has had an astounding year so far in academic year 2011, with $9.675 million in new planned gifts identified. To put this into context, in the last five years the college averaged $762,500 per year in newly identified planned gifts. Why the huge increase? It's probably due to a number of factors, including demographics of our alumni and an increased focus on gift planning by Engineering Development.

We are truly honored to be included in our alumni and friends' gift planning. Such gifts are often the single largest gift a donor will ever make. Designating the college as the recipient of part or all of the fruits of your life's work is an act of trust and respect, and we thank those of you who have made or considered a planned gift to CU and the college.

A few important things to keep in mind if you are considering including CU in your planned giving:

  • Please let us know of your intentions so we can work with you to ensure your gift is utilized as you wish. All of your information will remain confidential and may remain anonymous if you so choose.
  • Our Engineering Development staff will work with you—and your family and financial advisors if you'd like—to make sure we understand and document your intentions. For example, if you want to start a new scholarship, professorship, or chair, we will work with you to find out what criteria should be used in selecting recipients of your generosity.
  • We can provide sample bequest language for your attorney to use in drafting your will.

If you would like more information or would like to have a confidential conversation about gift planning, please contact our Senior Director of Development at engineering@colorado.edu.

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