Heritage Society

If the Creighton family had not expressed their desire to establish and endow the University in their estate plans, there would not be a Creighton University today. Ever since the will of Mary Lucretia Creighton gave life to the dream of her husband Edward, chartable bequests have been a popular way for people to support the University, including Creighton Athletics. Charitable bequests and other types of deferred gifts often are called "planned gifts."

To pay tribute to those who share the vision of our founders, the Creighton University Heritage Society has been established. To make a planned gift to benefit Creighton Athletics and become a member of the Heritage Society, simply mail a copy of the portion of your will, trust, life insurance policy or other beneficiary designation form pertaining to your bequest to the Office of Estate and Gift Planning. Listed are additional methods through which you can support future generations of Creighton student-athletes and join the Heritage Society.

Your membership in the Heritage Society is a special commitment and for this we say "thank you." It not only helps Creighton student-athletes excel in the classrooms and on the court and field but also serves as an example that can motivate others to follow your lead in supporting Creighton Athletics.

Gift Methods to Impact the Future of Creighton Athletics

Provision in a Will or Revocable Trust

To make a commitment to support future Bluejay Athletic Programs, ask your attorney to use the sample language below as a guide for your will or revocable living trust. Your pledge will provide a legacy for many. If your will or trust has been prepared, adding a codicil or amendment will update your gift intention.

Income-Producing Gifts

Through different arrangements, supporting Creighton Athletics also can provide payments to you to augment your current or retirement income. These gift instruments can be structured to provide fixed or variable payments that have the potential to grow over time. Payments can be for the lives of one or more individuals or for a number of years. Cash, long-term appreciated securities, corporate bonds, mutual funds or real estate all can be put to work for you and for Creighton Athletics. Your contribution can provide you with an income tax deduction for a portion of the assets transferred to Creighton and a flexible way to help the Bluejays.

Charitable Lead Trust

This type of charitable trust provides income payouts to benefit Creighton Athletics for your life and that of your spouse for a specific number of years. When the trust terminates its assets are transferred to you or your family, potentially decreasing gift and/or estate taxes. There are myriad ways in which you may specify how the income is to be used.

Testamentary Gift of Retirement Assets

Naming Creighton University beneficiary is the first step to using your tax-deferred retirement account to support the Bluejays. A written agreement with the University stating that the funds will benefit Creighton Athletics will ensure your contribution is used in the manner you state. Contact your plan administrator to obtain the change of beneficiary form and the Assistant Athletic Director for Development for further details.

Life Insurance or Annuity Policy

You can contribute your life insurance or annuity policy by completing a change of ownership form with your insurance company and naming Creighton University as the new owner. This change in ownership can provide you with an immediate charitable income tax deduction, and you also may be able to deduct future insurance premium payments. Just as with tax-deferred retirement accounts, an agreement with the University stating that the funds will benefit Creighton Athletics will ensure your contribution is used in the manner you state.

Real Estate

You can contribute your residence, vacation home or farm while retaining the right to occupy or use the property for your lifetime and receive a current charitable income tax deduction. Creighton will receive full control of your property when your lifetime interest ends, or you also may terminate your interest voluntarily. The proceeds from the sale of your property will benefit Creighton Athletics as you specify.

Proposed Language for a Gift Provision in a Will or Revocable Trust

To make a gift through your will or living trust, the following language may be used:

"I give to Creighton University (tax ID # 47-0376583), a non-profit corporation located in Omaha, Nebraska...

A. The sum of $___________; or,

B. __________ percent of my estate; or,

C. All the rest, remainder and residue of my estate, including property over which I shall have power of appointment at my passing, after all debts, taxes, expenses and other bequests have been satisfied...

for the unrestricted use by the Department of Athletics...

A. To supplement the Jaybackers General Fund; or,

B. To establish a fund to be known as the "__________ Fund," a permanent endowment to benefit Athletics, income from which will be used to _________, as permitted by law; or,

C. For the purpose of ________."

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Please contact the Athletic Development Office for more information: (402) 280-GIVE or AthleticDevelopment@creighton.edu

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